Brooks Macdonald outflows surge to £300m as cost-cutting pays off April 17, 2024 Investors in Brooks Macdonald pulled £300m from the asset manager's funds last quarter, much higher than previous months.
Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data April 17, 2024 This week market caution looks justified following two upside surprises on two crucial pieces of economic data.
Semiconductor giant ASML says sales blip is ‘warning sign’ for chip-makers like Apple supplier TSMC and Intel April 17, 2024 ASML designs and builds the systems and software used in the production of microchips, which are essential for data centres.
Equals: Payments fintech extends deadline for merger talks with MDP, Railsr and TowerBrook April 17, 2024 Equals has again extended a deadline for formal takeover offers as the fintech payments group conducts a strategic review into its standalone prospects.
Time Out to open in Budapest, Abu Dhabi and Vancouver in 2025 – but still no London market April 17, 2024 To add to its existing seven food and drink markets, Time Out also has plans to open eight other sites in the next three years.
Urban Logistics REIT boosts rental income after failed Abrdn trust bid April 17, 2024 Real estate investment trust Urban Logistics has seen rents jump significantly across its properties, as the warehouse owner recovers from its failed M&A bid earlier this year.
Chancellor Jeremy Hunt: Conservatives will cut taxes again in autumn ‘if we can’ April 17, 2024 Speaking to the Financial Times, the Chancellor said further tax cuts were on the table for an autumn fiscal event, but stressed it would depend on "responsible management of the economy".
Just Eat: Brits continue to scoff takeaways but other nations lose their appetite April 17, 2024 Only Brits ordered more takeaway from Just Eat in the first three months of 2024, compared to the same period last year.
Entain: Ladbrokes owner’s revenues hit by gambling regulations April 17, 2024 Entain said that as the UK regulatory landscape levels out, it will "position our brands well for growth into 2025".
Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent April 17, 2024 Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.
