Rolls-Royce shares slip following broker downgrade January 6, 2025 Rolls-Royce shares dipped more than three per cent in early deals this morning after analysts at investment bank Citi downgraded the stock. The analysts downgraded the FTSE 100 giant from a ‘Buy’ to a ‘Neutral’ rating while increasing the price target from 555p to 641p. Despite the stock currently sitting at 576p, the analysts said [...]
DC Thomson: Stylist and The Beano publisher recovers from £161m loss January 6, 2025 DC Thomson, the publishing group behind the likes of Stylist, Press & Journal and The Beano, has surged back into profit and recovered from a £161m loss. The Dundee-headquartered business has jumped to a pre-tax profit of £93.8m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The results also [...]
Trufin: Balatro poker craze boosts finance company to profit January 6, 2025 Financial services firm Trufin is set to announce an adjusted profit before tax “significantly ahead of market expectations” thanks to its video game arm publishing the indie hit Balatro. Trufin is now preparing to report its first ever full year profit, a year earlier than had been expected. While the group is primarily known as [...]
Rail regulator orders HS1 to slash spending on Eurostar route January 6, 2025 The Office of Rail and Road has ordered HS1 to lower its spending from April 2025, after finding it did not meet its duties for efficient spending. The 109km high-speed rail line was ordered to bring charges down by 3.8 per cent compared to its latest plans, saving passengers and freight trains as much as [...]
Business confidence slumps in ‘pressure cooker’ of higher taxes January 6, 2025 The British Chamber of Commerce's quarterly survey showed that 63 per cent of firms cited tax as a worry in the final quarter of last year, up from 48 per cent in the third quarter.
UK economy to stage ‘welcome recovery’ thanks to consumer rebound January 6, 2025 The firm forecast that GDP will increase by 1.7 per cent over 2025, double the 0.8 per cent expansion anticipated for 2024.
7 productivity hacks to make the return to the office less miserable January 5, 2025 Back to the office this week? Productivity expert Emily Austen shares her 7 hacks to survive the first week back.
Elon Musk’s attacks on Jess Phillips a ‘disgraceful smear’, Streeting says January 5, 2025 Wes Streeting has said attacks made by Elon Musk on Jess Phillips over grooming gangs are a “disgraceful smear” considering the Labour minister’s efforts to support victims of abuse. The billionaire owner of social media platform X, Tesla and Space X suggested the safeguarding minister “deserves to be in prison” for denying requests for the [...]
Musk says Farage ‘doesn’t have what it takes’ to lead Reform UK January 5, 2025 Elon Musk has said Nigel Farage “doesn’t have what it takes” to lead Reform UK, just weeks after the pair had a “great” meeting in the US. The owner of Tesla and X – the social media site formerly known as Twitter – met with Farage in December at US President-elect Donald Trump’s Mar-a-Lago resort, [...]
Ukraine to seek allies’ help to boost air defences, says Zelensky January 5, 2025 Ukraine’s President Volodymyr Zelensky has said he will again call on allies to boost its air defences at this week’s meeting in Germany, as US President-elect Donald Trump takes over later this month with a vow to end the almost three-year war quickly. Zelensky said dozens of partner countries will participate in the meeting of [...]