Kin and Carta shares surge on upgraded £220m takeover deal December 7, 2023 Kin and Carta said it will now receive £220.3m, rather than the previously proposed £203m, from private equity heavyweight Apax Partners.
Fed’s rate release anticipated in busy week for markets October 29, 2023 A string of central bank decisions and important data releases will keep investors on their toes this week.
German recovery helps eurozone escape shallow recession April 30, 2024 According to figures released this morning by Eurostat, the eurozone grew 0.3 per cent between January and March, ahead of the 0.1 per cent expansion expected by economists.
Philips cuts 6,000 more jobs as electronics giant’s faulty sleep device pushes it into the red by £1.49bn January 30, 2023 Philips is cutting 6,000 jobs globally in a bid to reduce costs and improve the efficiency of its supply chains. The Dutch health technology firm said it would cut around eight per cent of its workforce by 2025, as it counts the costs of suspected faulty sleep devices which it is still recalling. In its [...]
How has opinion of John Lewis’ brand image changed over Sharon White’s tenure? April 12, 2024 Steve Hatch, the chief executive of YouGov explains how the high-street favourite's image has changed under Sharon White's tenure.
London office market going strong as more new projects emerge June 10, 2024 The London office property market is continuing its strong rebound, according to fresh data out today, as more new projects get underway in the City.
London-listed software firm Idox has 20 per cent revenue boost on ‘healthy’ M&A pipeline May 22, 2024 Idox, which sells software property management software to the government, also more than halved its debt to £6.6m, down from £14.7m.
Maker of crisps brand Seabrook brings forward investment plans after profits almost double May 20, 2024 The maker of crisps brand Seabrook is bringing forward its major investment plans after its profits almost doubled in 2023.
Bank of England governor Andrew Bailey predicts drop in inflation allaying recession fears October 20, 2023 UK inflation is set to drop markedly for October amid continued efforts to tackle the higher cost of living, the governor of the Bank of England has said. Andrew Bailey indicated inflation will return to its recent pattern of slowdowns after the Office for National Statistics (ONS) recorded a surprise pause last month, leaving inflation [...]
US markets on best run since 1971 – but how does the FTSE 100 stack up? March 2, 2024 The S&P 500's remarkable run mainly stems from bets that the Fed will start cutting interest rates in 2024.