Morrisons slapped with ‘speculative’ rating after takeover leaves chain saddled with debt April 12, 2022 Morrisons has been slapped with a ‘speculative’ rating by a top credit agency after the private equity takeover of the chain last year left it saddled with debt.
Terrible Tuesday for Rolls-Royce as shares plunge after JP Morgan downgrades firm and slashes target price April 12, 2022 Shares in engineering giant Rolls-Royce tanked this morning after bankers at JP Morgan downgraded the stock to ‘underweight’ and slashed its target price.
London Stock Exchange Group shares tumble as broker raises questions over revenue growth April 12, 2022 Shares in the London Stock Exchange Group have plunged this morning as a top broker raised questions over the firm’s long term revenue growth.
US financial inclusion fintech launches in the UK to open up immigrants’ access to credit April 12, 2022 US financial inclusion fintech Nova Credit has expanded into the UK today with plans to open up access to credit for immigrants across Europe.
Investors question ESG label in wake of Ukraine war April 11, 2022 Top investors are reconsidering environmental, social and governance investment strategies as scrutiny of the label grows in the wake of Russia’s invasion of Ukraine.
State pension hike comes into force but savers set to feel the squeeze of inflation April 11, 2022 State pension payments have been hiked 3.1 per cent from today but savers are set to feel the squeeze as inflation outpaces the rise in payouts.
City watchdog will not oppose Amigo rescue plans in boost for firm’s survival April 11, 2022 The City watchdog has announced it will not oppose new rescue plans for beleaguered sub-prime lender Amigo Loans, after it blocked a proposed compensation scheme for customers last year.
Events group Ascential eyes break up and US listing April 11, 2022 London-listed media and events group Ascential has confirmed today it is exploring spinning off a section of its business, after reports that it was looking to float its digital assets in the US.
Consumer-focused firms weather sharp declines as inflation sparks investor jitters April 11, 2022 Shares in European consumer-focused firms have taken a battering in the last quarter as soaring inflation and low growth have caused investors to shun the stocks.
London IPOs plunge as the City feels the shocks of war April 11, 2022 London has seen a major slowdown on its capital markets this year as the shocks of war in Ukraine and soaring inflation sparked a plunge in the amount of cash raised through IPOs.
