UK inflation to fall to lowest level since March 2022 but Bank of England still tipped to hike interest rates July 17, 2023 UK inflation is on course to drop to its lowest level in over a year, but lingering underlying price pressures will heap expectation on the Bank of England to keep on hiking interest rates, new figures out this week are tipped to show. The rate of price growth in Britain is expected to have dropped [...]
John Lewis seals £500m deal with Abrdn to enter rental property market December 2, 2022 John Lewis has signed a £500m deal with investment giant Abrdn to enter the rental property market. The agreement announced today will see the High Street titan deliver a thousands new homes a year, with a view to having built 10,000 in the next decade. In a bid to diversify and move away from dependency [...]
Can AIM deliver? Here’s a compelling test case August 13, 2024 As the London Stock Exchange's younger brother continues to struggle, a new energy firm provides a litmus test on how well AIM can deliver on its raison d’etre, writes Keith Boyfield
5 Key Warning Signs That You Need To Update Your CV Now March 27, 2023 The outlook for top tech companies across the UK is, at the moment, very uncertain. Not a day goes by when we don’t hear reports of projects being stalled, hiring freezes being put into place, or worse still another employee posting on LinkedIn that they have been laid off and are #opentowork. While talk of [...]
FTSE 100 dogged by investors souring on Ashley’s Frasers Group December 8, 2022 London’s FTSE 100 was dogged down today by retail tycoon Mike Ashley’s Frasers Group sinking to the bottom of the index. The collection of the capital’s top companies dropped 0.23 per cent to 7,472.17 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.56 [...]
Truffle ahead as cocoa price surge spells costly Valentine’s Day for chocolate-loving Brits February 13, 2024 The price of cocoa on London's Exchange is up 127 per cent on this time last year
Asda introduces self driving delivery vans in AI first April 17, 2023 Asda is rolling out its largest autonomous delivery trial with customers in London set to receive their groceries via self driving cars. The UK’s third largest grocery store is launching the scheme in partnership with Wayve, a developer of artificial intelligence for self driving cars, and the pair will use Jaguar I-Pace electric cars for [...]
Bank of Georgia posts solid earnings amid political turmoil May 30, 2024 Eastern Asian lender Bank of Georgia saw its profit, customer numbers and interest income soar in the first quarter of this year, a period in which the bank also completed on its acquisition of the Armenian retail lender, Ameriabank.
L&G tops expectations with £940m profit as it reveals scale of accounting tweak hit August 15, 2023 Legal & General beat market expectations this morning as it posted profits of £941 for the first six months of the year, as Nigel Wilson prepares to step away
Dr Martens set for plunge in profit as US business stumbles May 26, 2024 Bootmaker Dr Martens is expected to post tumbling profit and revenue amid weakness in the US, its biggest market.