Bank of England: UK growth forecasts get upgraded – but momentum still weak August 1, 2024 Looking to the immediate future, GDP growth in the second quarter is expected to match the 0.7 per cent recorded in the first three months of 2024.
Founder Favourites: Why AI is NOT the death of creativity August 1, 2024 In this episode of Founder Favourites, Ajaz Ahmed, founder and chief executive of digital design agency AKQA, sat down with the hosts and told them that entrepreneurs' best bet might just be found in AI, healthcare or climate tech.
Bank of England cuts interest rates for first time since March 2020 August 1, 2024 The Bank of England's interest rate decision was eagerly anticipated by investors.
Melrose shares plunge amid supply chain challenges August 1, 2024 The London-listed firm, which owns GKN Aerospace, revised down its revenue guidance to £3.8bn as it grapples supply chain issues.
Haleon posts profit bump on back of power brands August 1, 2024 Consumer healthcare company Haleon has reported mid-single-digit growth amid strong demand for its power brands despite a soft market.
Growth in UK manufacturing sector reaches two-year high giving firms ‘breathing space’ August 1, 2024 The UK manufacturing sector continued on the up, with production growth at its fastest since February 2022, a closely watched survey has shown. S&P’s purchasing managers’ index (PMI) for the manufacturing sector registered 52.1 in July, up from 50.9 in June and above flash estimates of 51.8. The PMI has remained above the neutral 50 [...]
Mondi unpacks jump in revenue as firm looks to make up ground August 1, 2024 Things are looking up for sustainable packaging giant Mondi as its shares jumped by almost 15 per cent in early deals this morning after the company published its results for the six months to June 30.
Wizz Air shares nosedive as engine troubles hammer profits August 1, 2024 Operating profit fell from €79.9m to €44.6m, well below analyst expectations of €171m, in a poor set of results for the airline.
Pets at Home: Revenue ticks up amid difficult year August 1, 2024 Total revenue at animal care retailer Pets at Home rose by one per cent to £441.1m in the 16 weeks to July 18, with like-for-like revenue up by 0.5 per cent.
Another one? Next hikes profit guidance again as sales soar ahead of expectations August 1, 2024 Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.
