FTSE 100 bounces back into green after tech sell-off July 26, 2024 FTSE 100 stocks have taken a dive this morning after a set of poor earnings reports and American markets suffering their worst day in two years.
Investors bet big on private equity despite tax fears July 26, 2024 High net worth UK investors are more positive on private equity than every other asset class, despite fears that tax changes could scupper positive returns, according to a new survey.
Ferrari Shifts into High Gear with Crypto Payments in Europe July 26, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Ferrari announced it will start accepting cryptocurrency payments in Europe by the end of this month. This move follows a successful launch in the US last year. Ferrari plans [...]
Kering suffers as luxury brands deliver mixed results July 25, 2024 Luxury fashion conglomerate Kering announced a dramatic fall in net profit of 50 per cent in the first six months of 2024.
Libor: Tom Hayes set for Supreme Court after permission granted for final plea July 25, 2024 The highest court in the UK is set to hear ex-bankers Tom Hayes and Carlo Palombo appeal after granting them permission to hear their case.
Snack hack: Tesco follows Sainsbury’s with ice cream meal deal July 25, 2024 Sainsbury’s and Tesco have taken meal deal enthusiasts by storm, with a new item added to their popular lunchtime offer. Now, in addition to your usual sandwich and drink, you can pick up an ice cream or lolly to complete your meal deal at both supermarkets. At Tesco, this could see you set with a [...]
US GDP sails past expectations again on back of strong consumer spending July 25, 2024 The world’s largest economy breezed past economists’ expectations yet again as consumer spending picked up more than anticipated. According to new ‘flash’ figures published on Thursday, US GDP grew at an annualised rate of 2.8 per cent between April and June. Economists had expected GDP to grow 2.0 per cent. This was a substantial acceleration [...]
CMA rebukes four banks for failing to provide correct information to customers July 25, 2024 The competition watchdog has publicly rebuked four banks for failing to comply with rules ensuring lenders provide clear and up to date information to their customers.
Cineworld set to cut hundreds of roles amid plans to shutter cinemas July 25, 2024 Planned closures will slash Cineworld’s British footprint by at least a quarter, with around six cinemas to begin winding down immediately.
ITV snaps up majority stake in studio behind Sherlock and Men Behaving Badly July 25, 2024 ITV has snapped up a majority stake in the TV production company behind smash hit shows including Sherlock, Men Behaving Badly and Amazon Prime's The Devil's Hour.