Superdry shares suspended after audit delays August 30, 2023 Fashion business Superdry has had its shares suspended after delays to publishing its latest financial results.
Government scraps hydrogen levy saving households £120 per year August 30, 2023 The government has ditched the controversial 'hydrogen levy' following pushback from the energy sector and backbench MPs.
Former Co-op Bank boss Paul Flowers accused of carpet fraud August 30, 2023 Former Co-op Bank boss Paul Flowers has been accused of defrauding someone of carpets and by using cheques while acting under a power of attorney. The case against the 73-year-old was detailed in court listings at a hearing at Manchester Magistrates’ Court, where the case was adjourned until next week. Flowers was not present for [...]
Mortgage approvals sink in July as market continues to cool on rising rates August 30, 2023 The number of mortgage approvals fell sharply in July as the housing market continues to cool off the back of rising interest rates.
Former British Airways boss criticises ‘staggering’ air traffic control failure August 30, 2023 The former boss of British Airways has criticized the UK's air traffic operator over the network failure that has led to thousands of flights being cancelled.
New borrowing slows as Bank of England’s rate hikes take effect August 30, 2023 Consumer borrowing increased at a slower rate than expected last month as the Bank of England’s interest rate hikes hit demand for new loans. Bank of England figures out this morning showed that the monthly increase in consumer credit was £1.2bn, £400m less than the £1.6bn increase seen in June. Although borrowing on credit cards [...]
Oil prices unfazed by Gabon coup as sluggish China growth halts rallies August 30, 2023 Political unrest in Gabon risks further tightening oil markets, threatening a supply crunch amid swingeing OPEC production cuts.
Bitcoin and Ethereum prices rise as crypto markets turn green August 30, 2023 Bitcoin is trading back above $27,000 for the first time since the sell-off a few weeks ago, while Ethereum is changing hands for $1.7k.
FTSE 100 close: Prudential results give London markets a boost after US jobs data August 30, 2023 London markets finished higher on Wednesday with the capital’s premier FTSE 100 index given a lift by strong results from Prudential. The FTSE 100 index climbed 0.1 per cent to close at 7,473.67 while the mid cap FTSE 250 index rose 0.5 per cent to end at 18,564.52. Prudential was among the FTSE 100’s top [...]
Kwarteng offered advisory role at Aussie giant Fortescue Metals August 30, 2023 Kwasi Kwarteng has reportedly been offered an advisory role at Aussie commodities giant Fortescue Metals Group.
