Consumer confidence unchanged in August despite worsening outlook Economics Consumer confidence remained unchanged in August, a closely watched survey suggested, despite a deterioration in households’ expectations for the broader economy. GfK’s overall consumer confidence index remained at -13 with an improving picture on the personal finance side helping to offset worsening confidence in the economy as a whole. This meant overall consumer confidence remained [...]
Just Eat: Shares spike, but is there trouble ahead? Food Just Eat beat market expectations in its first-half results and announced a share buyback of up to €150m (£126m). The market responded well: the takeaway giant’s share price rose by over eight per cent on Wednesday. True, adjusted earnings before interest, tax, depreciation and amortization (EBITDA) at the Amsterdam-headquartered company surged 42 per cent, but [...]
Vinted mulls share sale that could value platform at £3.8bn Business Vinted has reportedly contacted investors about a share sale which could value the company at as much as £3.9bn.