Activist investor moves to oust Peloton boss January 24, 2022 Activist investor Blackwells Capital has moved to oust the boss of beleaguered home-fitness firm Peloton after it was revealed that the company was scaling back production last week.
Bitcoin is volatile because it’s a truly free market January 24, 2022 Market fluctuation comes down to the fact that Bitcoin is the only free market left in the world, writes Nigel Green.
Firms have no choice ‘but to raise prices’ to absorb NI hike January 24, 2022 The looming national insurance tax hike will leave British businesses with no choice “but to raise prices,” a leading business group has warned. Firms will have to pass on the cost of the 1.25 percentage point hike to consumers in a bid to offset severe margin pressure, according to the Institute of Directors (IoD). Nearly [...]
EY to open office for “neuro-diverse” tech workers in Manchester January 24, 2022 Accountancy firm EY is set to open an office for “neuro-diverse” tech workers in Manchester. EY said it will hire 100 people with “cognitive differences” such as ADHD, dyslexia, and autism, to work on projects involving emerging technologies such as artificial intelligence, automation, and the blockchain. The Manchester Neuro-Diverse Centre of Excellence (NDCoE) is set [...]
Banknote maker De la Rue downgrades profits as Omicron batters turnaround January 24, 2022 De la Rue has announced that it will be downgrading its profit expectations after a tumultuous year thanks to Omicron and supply chain woes.
Vodafone climbs FTSE 100 as talks of Italian merger gain momentum January 24, 2022 Vodafone edges to the top of the FTSE100 today as momentum begins to grow after sources said it was in talks with Iliad to strike a merger deal in Italy.
Sam Torrance: Thomas Pieters is playing the best golf of his life January 24, 2022 Thomas Pieters’ victory at the Abu Dhabi HSBC Championship on Sunday wasn’t just the biggest of his career – it was also the best performance I’ve seen from him. Pieters was a picture of composure as he played beautifully all day, making 16 pars in a 72 to keep his nose in front of Rafa [...]
EDF shareholder funds put pressure on French government over energy firm plans January 24, 2022 The supervisory boards of two EDF staff shareholder funds are pushing for clarity over the French government’s plans for the energy giant.
EU plans to label gas and nuclear plants as green risk misleading investors, experts warn January 24, 2022 EU plans to label gas and nuclear plants as green investments risk causing confusion and misleading investors, expert advisors to the bloc have warned.
Cladding suppliers shares tumble after Gove threat on remediation costs January 24, 2022 Building material manufacturers and property developers’ shares plummet on Monday morning as the government toughens up on firms unwilling to pay to fix unsafe homes. Housing secretary Michael Gove threatened a UK trading ban on manufacturers of combustible cladding and insulation in a letter to the Construction Products Association. In the letter, Gove said more [...]
