Lower prices help Ocado win back customers amid uncertainty over Marks joint venture March 26, 2024 Ocado Retail has continued to see a rise in orders as customers fall back in favour with the brand following a series of price cuts.
Flutter’s big bet on US’ FanDuel pays off but $1bn-plus charges hit bottom line March 26, 2024 Gambling giant Flutter saw revenue jump almost 25 per cent in the last financial year, driven predominantly by significant growth in the US.
Revolution Bars confirms it’s looking at ‘strategic options’ as it fights to survive March 26, 2024 Revolution Bars is undergoing talks to sell off around a quarter of its venues, according to reports.
Is the green fundraising boom over for investment trusts? March 26, 2024 While investment trusts as a whole have not performed well in recent months, those that focus on the environment had a particularly dire time in 2023. All trusts categorised as environmental by the Association of Investment Companies currently sit on steep discounts, with the average being 13.2 per cent, while they are down by an [...]
Dott ditches London after withdrawing ‘financially unsustainable’ e-scooters March 26, 2024 Dott has withdrawn its e-scooters from London, ending its operations in the city.
Magistrates call for urgent reform to ‘unfair’ fast-track prosecutions March 26, 2024 Magistrates have called for urgent reforms to be made to fast-track prosecutions in the UK, which campaigners have labelled as "fundamentally unfair".
British investors buck trend and pour more money into UK equities March 26, 2024 UK investors have changed their tune on the British stock market, with the number holding UK equities having jumped by 10 per cent over the last three months. In Etoro’s Retail Investor Beat, which surveyed 1,000 UK investors, 80 per cent said they now have cash in UK equities, the highest level in over a [...]
Public sector pay needs to increase to hold on to top talent, says think tank March 26, 2024 Research from the Institute for Fiscal Studies (IFS), shows that public sector pay at the 75th percentile - for those earning more than three-quarters of public sector workers - is now eight per cent lower in real terms than in 2007.
How I built one of Wework’s UK competitors — using a little bit of colour March 26, 2024 Gabriela Hersham had to borrow a man to raise capital for her business. Ten sites later, she's not looking back.
Grayscale’s GBTC distorts the ETF picture March 26, 2024 One of the primary drivers of crypto’s appreciation are easing monetary conditions. Last cycle, Covid-19 fiscal and monetary policy measures kicked off the bull market. Lower interest rates, furlough and stimulus checks, meant individuals had more time, and money, on their hands. Many chose to delve into financial markets with their additional resources. This was a perfect storm for the crypto market - growing nearly 28 times within 20 months. Is the perfect storm this time not going to include a world-halting pandemic and simply be crypto ETF adoption?