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      Inflation eases to three per cent boosting interest rate cut hopes

      The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.

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profit upgrade

  • Diploma: Shares in FTSE 100 firm rocket after profit upgrade

    Tech

    Shares in FTSE 100 firm Diploma rocketed on Tuesday after the firm upgraded full-year guidance and delivered a strong performance for the first six months of its financial year. In its half-year report, the company, which distributes specialised technical products and services, noted a 14 per cent jump in revenue to £728.5m. Organic revenue growth [...]

    Diploma shares surged after its half-year report.
  • Ramsdens: Pawnbroker raises guidance profit on high gold price

    Retail

    Pawnbroker Ramsdens has raised its profit guidance for the year, boosted by the high gold price and income from jewellery. It now expects profit before tax for the 2025 financial year, which ends on October 1, to be at least £13m. This is up from £11.4m last year and £1m ahead of previous expectations. The [...]

    Gold jewelry displayed in Indian market as gold price hits record $5,097 amid Trump tariff turmoil and investor demand
  • Currys upgrades outlook as sales outperform

    Retail

    High sales growth at Currys has led the electrical retailer to increase its expected profit for the full year. Its share price rose more than 10 per cent in early trades. The company told markets this morning that adjusted profit before tax is now expected to be around £160m, versus previous guidance of £145m to [...]

    Currys is headquartered in Acton

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