Britvic reports fizzing revenues but warns of cost-of-living slowdown July 21, 2022 Drinks maker Britvic reported a jump in revenues across its markets today but warned sales could be hit in the months ahead as the cost of living begins to bite.
Starling Bank hits first full year profits at £32m July 21, 2022 Starling Bank revealed it has hit its first full year profits today as the digital lender swings into the black from a £30m loss last year.
AJ Bell customers surge despite slide in assets under administration July 21, 2022 Retail investment platform AJ Bell reported a surge in customer numbers in the past quarter but said that assets under administration dipped five per cent as volatile markets rocked investors’ bets.
Brewin Dolphin funds slide to £51.7bn as market volatility hits July 21, 2022 Brewin Dolphin reported a slide in income and assets under management in the three months to June today as volatile markets took their toll on the wealth manager’s investments.
Venture capital ‘rock bottom’ is yet to be fully felt, KPMG exec warns July 21, 2022 The 'rock bottom' of a venture capital downturn is yet to be fully felt this year as deals struck in the first quarter unrealistically buoy investment figures, a KPMG venture chief warned today.
Exclusive: UK financial dealmaking slumps in value as recessionary fears take hold July 21, 2022 The volume of deals in the UK’s financial services sector rose to a seven-year high in the first half of the year but a looming recession and economic uncertainty caused the value of transactions to plunge, new figures have revealed.
Royal Mail losing £1m a day as pandemic postal boom subsides July 20, 2022 Royal Mail Group chiefs said its flagship postal service was haemorrhaging £1m a day today as revenues across the group slumped 5.1 per cent in the first quarter of the year as the pandemic postal boom subsides.
European market plunge is opportunity for bargain hunters, say BlackRock analysts July 20, 2022 A plunge in the value of European equities has presented an opportunity for bargain-hunting investors to snap up stocks, a BlackRock investment chief said today.
Funding platforms hail Austin Review potential ‘watershed moment’ for retail investors July 20, 2022 Investment platforms have hailed the Austin Review a potential “watershed” moment for retail investors today as ministers and regulators look set to widen access to the UK’s capital markets.
Abrdn poised to offload private equity arm July 20, 2022 FTSE-100 asset manager Abrdn is poised to offload the division that manages its private equity funds as it looks to simplify its structure, according to reports.
