Explainer-in-brief: A look into a Health Week overshadowed by political chaos June 9, 2022 You might have not noticed amidst all the chaos, but this is “health week”. Yesterday, Health Secretary Sajid Javid pledged to implement cultural change within the NHS. Shadow Health Secretary Wes Streeting pointed out that currently NHS managers can’t even do their job with patients’ care because they’re too busy managing collapsing hospitals and trying [...]
1 Minute Market Rundown – 9th June 2022 June 9, 2022 Trade the ExtremesCrypto Needs to Bounce Soon A pretty quiet day yesterday, Euro was the biggest mover gaining against most currencies ahead of the ECB. Today marks the start of a big 48 hours for the broader risk markets with CPI tomorrow out of the USA preceded by the ECB rate decision at 12.45 and [...]
Pro-Brexit ‘Supermum’ forced out by Liz Truss after saying Boris Johnson ‘is in wrong job’ June 9, 2022 Pro-Brexit banker and now-former non-executive director of the Foreign Office Baroness Morrissey resigned yesterday, after Liz Truss reportedly suggested she would be sacked for comments made about the prime minister. Morrissey, mother to nine children and dubbed a ‘Supermum’, told LBC on Monday night that prime minister Boris Johnson was “just in the wrong job”, [...]
DFS reveals deliveries have dipped below expectations as supply chain issues bite June 9, 2022 DFS has revealed its production and deliveries are below expectations in the fourth quarter of the fiscal year.
Tate & Lyle snaps up Chinese dietary fibre firm as Ukraine conflict pushes up costs June 9, 2022 Tate & Lyle has inked an acquisition of a dietary fibre business in China as the syrup maker hopes to shrug off inflationary headwinds. In an update on Thursday, the former sugar-making giant said it had acquired Quantum Hi-Tech, for an undisclosed sum, to expand its presence into Chinese and Asian markets. For the year [...]
Revenue surges to £4bn for outsource giant Mitie thanks to new contract wins June 9, 2022 Outsource company Mitie recorded a 58 per cent revenue boost of £2.5bn thanks new contract wins, as well as good growth at Interserve Facilities Management.
The A-Z of wine: H is for… Hunter Valley June 9, 2022 Our alphabetical tour of the wine world continues with a trip Down Under to find a hidden gem in Hunter Valley What’s this then? A bit of a niche area this week, because it turns out that when you commit to the rigid structure of an alphabet-themed series there’s always one letter that throws a [...]
Peel Hunt performance dips as pandemic-driven market conditions ease June 9, 2022 Peel Hunt has been unable to consolidate its pandemic-driven performance last year, but has still managed to post healthy profits.
First Group rejects £1.2bn takeover bid from private equity I Squared June 9, 2022 Public transport titan First Group has rejected a £1.2bn takeover bid from US private equity I Squared. FirstGroup is the latest UK company to be sought after by foreign investors, as rival Stagecoach was snatched from underneath National Express by German asset manager DWS in late May. In an update to the London Stock Exchange, [...]
Fuller’s toasts return to profit amid ‘fragile’ consumer confidence June 9, 2022 Pub chain Fuller’s is back in the black after posting an adjusted profit before tax of £7.2m, as the licensed trade recovers from the pandemic. In results for the year to 26 March, the pub operator saw profit back in growth after posting a £48.7m loss in 2021, when Covid lockdowns enforced the closure of [...]
