Jonathan Prynn

Business Editor

ABOUT

Jonathan Prynn has been Business Editor of the Standard since May 2022. Before that he was Consumer Editor and has also worked at The Times and the Sunday Telegraph. He is responsible for all the business and finance coverage in the paper and online.... MORE

ABOUT
VIEW

Jonathan Prynn has been Business Editor of the Standard since May 2022. Before that he was Consumer Editor and has also worked at The Times and the Sunday Telegraph. He is responsible for all the business and finance coverage in the paper and online.

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Business

White Company increases profit and sales and remains "optimistic"

Sales increase described as “positive outcome against the backdrop of the challenging economic conditions.”

3 May 2024
<p>Shares in the FTSE 100 fell slightly on Monday (Yui Mok/PA)</p>
Business

The future of London's stock market may depend on these two companies

City Comment: Being listed in London should be a badge of honour, but it doesn’t feel like one right now

3 May 2024
<p>Nigel Farage (Gareth Fuller/PA)</p>
Business

Coutts faces new storm as it plans to move £2bn out UK shares

The royal bank claims its ‘home bias’ towards British company shares was an ‘anachronism’ that needed ‘funadamental change’

2 May 2024
<p> Coutts, a blue blooded bank with royal connections going back more than 300 years, is to drastically reduce its fund’s exposure to UK equities and bonds from around 20% to a typical 3% or 4% (Aaron Chown/PA)</p>
Business

Does anyone believe in UK shares? Even Coutts is ditching them

City Comment: What hope is there for turning around the disinvestment flood that is draining London? 

2 May 2024
<p>The FTSE 100 record came after an easing in geopolitical tensions in the Middle East (Nicholas T Ansell/PA)</p>
Business

Only 5% of your pension's in UK stocks — but seven US firms get 10%

City Comment: Reversing the trend of falling investment in UK equities should be a high priority for the next government

1 May 2024
<p>Average advertised rents have hit a new record high, but there are signs that the pace of the increases is slowing, according to Rightmove (Yui Mok/PA)</p>
Business

House prices fall again as mortgage rates spike

Lenders, including in the past few days, NatWest, Santander and Nationwide, have been increasing their mortgage rates

1 May 2024
<p>London mayor Sadiq Khan</p>
Business

Business leaders don't love Khan, but they'd rather have him than Hall

City Comment: The Tories have not done themselves any favours with their relentlessly anti-London tone

30 Apr 2024
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Business

Gordon Ramsay's restaurant empire set to pass £100million in revenue

It comes 25 years after the Hell’s Kitchen star opened his first solo venture

30 Apr 2024
<p>Today it was the turn of NatWest and Santander to join the queue of major lenders to tweak their mortgage rates — and not to the advantage of borrowers (PA)</p>
Business

Mortgage rates will fall again, but not any time soon

City Comment: The era of sustained falling mortgage rates will arrive. But we are still a long distance from it yet

29 Apr 2024
<p>The painful rise in London restaurant bills over recent years is set to ease finally after a key measure of hospitality industry cost inflation today showed the biggest month-on-month fall ever recorded</p>
Business

Eating out may get cheaper as restaurants' costs fall at record pace

Diners have been hammered by the huge increase in the cost of eating out, but that could be coming to an end soon

29 Apr 2024
<p>Almost four out of 10 women have taken time off work as a result of poor mental health over the past year, a new report claims</p>
Business

Mental health still ‘taboo’ for women at work

Two-thirds of women do not feel comfortable discussing mental health at work or disclosing mental health as the reason for taking time off

25 Apr 2024
<p>The Government would do well to keep the capital’s incredible strengths in mind </p>
Business

Make no mistake, London is still top dog among global cities

City Comment: The Government would do well to keep the capital’s incredible strengths in mind

25 Apr 2024
<p>Heathrow considering looking again at its third runway plans</p>
Politics

Heathrow speeding up review of third runway plans

Airport chiefs upgraded the forecast of the number of passengers expected to use Heathrow this year from 81.5 million to a record 82.4 million

24 Apr 2024
<p>A Bank of England ratesetter has said the financial markets are expecting too many interest rate cuts (Aaron Chown/PA)</p>
Business

Summer interest rate cut hopes power FTSE to record high

Markets currently rate the chance of a Bank of England interest rate cut in June as about 50-50

23 Apr 2024
<p>The company is the UK’s biggest water supplier, with 16 million households across London and the South East (Dominic Lipinski/PA)</p>
Business

A Thames Water bill hike's one thing, but for this level of service?

City Comment: We have arrived at a situation where there is no confidence in the ownership of a business that has the monopoly in supplying water to the capital

22 Apr 2024
<p>A good run for England at the Euros might be the only way to get the tills ticking over again</p>
Business

Only one person can save the economy now… Gareth Southgate

City Comment: A good run for England at the Euros might be the only way to get the tills ticking over again

19 Apr 2024
<p>Data from the Office for National Statistics (ONS) showed sales volumes at department stores were worst hit, falling 3.8%, a figure that does not bode well for the recovery of John Lewis</p>
Business

No early Easter boost for high street as retail sales flatline

The “lacklustre” performance was well below City forecasts of around 0.3% growth and follows a 0.1% rise in February

19 Apr 2024
<p>Room at BAM Victoria karaoke venue</p>
Business

Europe's biggest karaoke venue opens in Victoria

Punters will pay between £12 and £30 each for two hours in a room

18 Apr 2024
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Business

Business dismay at no-shows for mayoral hustings

City Comment: It is simply unacceptable that those whose lead these businesses did not get the chance to hear what the next four years of the Mayoralty could bring

17 Apr 2024
<p>Royal Mail has put forward proposals that would see first class mail kept as a six-day a week service, but second class letter deliveries cut dramatically (Gareth Fuller/PA)</p>
Business

West Ham part-owner Daniel Křetínský in shock bid for Royal Mail

The approach comes at a time of huge challenges for Royal Mail

17 Apr 2024