Oil market awaits Omicron’s effect on demand December 1, 2021 Oil prices are hovering at around $70 per barrel with big swings on both benchmarks amid growing uncertainty over the Omicron variant.
Crypto.com snaps up two exchanges from IG Group for $216m December 1, 2021 Crypto.com plans to purchase two exchanges from London-listed fintech IG Group in a $216m deal expected to close in the next six months.
Liontrust reveals roaring interim results as pre-tax profits jump 352 per cent December 1, 2021 Asset manager Liontrust saw profits soar in the first half of the year with assets under management now totalling £36.5bn.
Number of UK unlicensed vehicles up by 85,000, DfT stats show December 1, 2021 The number of unlicensed vehicles being driven across the country has gone up by 85,000 in the last two years. Statistics from the Department for Transport (DfT) have shown that in 2021, 1.9 per cent of all vehicles in UK traffic did not pay their vehicle excise duty (VED). Data have also revealed that the [...]
Pendragon raises profit outlook as supply issues deemed “not as bad” December 1, 2021 UK motor retailer Pendragon has raised its profit outlook for the full year for the second time in less than two months. After initially lifting it from between £55m and £60m to approximately £70m on 7 October, the group said this morning its underlying profit for the full year to 31 December 2021 has gone [...]
Brickability revenue soars by 197 per cent amid construction boom December 1, 2021 Brickability benefitted from the recovery of the housebuilding market in the six months to September 2021 with revenue up 197 per cent.
Marlowe profits rocket as firm raises full year guidance December 1, 2021 Business critical services firm Marlowe announced this morning that its profits have rocketed in the six months ended 30 September. The group’s operating profit has registered a 122 per cent growth compared with the same time last year, going from £7.4m to £16.4m, while its adjusted EBITDA margin has hiked by 300 bps, from 14.8 [...]
House prices jump 10 per cent in a year amid buoyant market December 1, 2021 House prices are 10 per cent higher than they were last November, and grew 0.9 per cent compared to October, according to an index.
Smart regulations the path to a prosperous post-Brexit future December 1, 2021 So, it’s eeyore no more. Philip Hammond – rarely confused for a ray of sunshine during his time as Chancellor – is now taking a rather brighter view of at least one of London’s post-Brexit opportunities: as the global home of digital assets. Good for him. For much of his spell at No.11 he saw [...]
US Fed chief Powell retires word ‘transitory’ to describe inflation December 1, 2021 US Fed Chief Jerome Powell said inflation would stick around for longer than hoped yesterday as a glut of global data suggested rising prices could slow the global recovery. Powell said yesterday it was time to “retire” the word “transitory” to describe the rapid pace of price hikes currently spiking the world economy. His shift [...]