Genuit: Sales fall at sustainable construction firm amid increased competition May 28, 2024 Revenue has fallen at Genuit, a manufacturer of sustainable construction products, after bosses said increased competition had pushed prices down.
Lower shipping costs help Victorian Plumbing navigate ‘subdued’ environment May 28, 2024 The Skelmersdale-based firm noted that it continued to gain market share in a "subdued trading environment".
Intermediate Capital: Shares hit all-time high as asset manager’s profit more than doubles May 28, 2024 Asset manager Intermediate Capital has raised its dividend for the 14th year in a row on the back of bumper annual earnings.
Revolution Bars shoots down Nightcap takeover bid as ‘incapable of being delivered’ May 28, 2024 Hospitality chain Revolution Bars has said a possible takeover by peer Nightcap is “incapable of being delivered”.
FTSE 100 today: London markets set to open higher following Asian peers’ lead May 28, 2024 Asian markets paused post-rally; oil prices rose, UK retail prices fell. Investors await US GDP and core PCE data.
Week ahead: Markets mostly unmoved by-election campaigning May 28, 2024 Markets have shown little reaction to the news that Britain will be going to the polls on July 4, with the future path of interest rates still front and centre for investors.
ETH ETF Approval, FIT21 Passing and Trump Support Signal New Crypto Era May 28, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The last few days have brought significant developments for the legal standing of the cryptocurrency industry. First, the US House of Representatives passed the first crypto regulation [...]
Inflation: Shop price hikes slow again in good news for Sunak and Tories May 28, 2024 Shoppers have benefited from retailers cutting prices to reignite consumer demand, according to new figures.
Would Labour’s plans for a British sovereign wealth fund work? May 28, 2024 While we don’t know the details of a Labour manifesto yet, we do have one solid commitment from them: a sovereign wealth fund. “The National Wealth Fund will be a crucial tool in our armoury towards bringing about growth,” shadow chancellor Rachel Reeves has said. Senior City figures have been calling for the establishment of [...]
Why one US fintech boss reckons London is about to create ‘a lot of new winners’ May 28, 2024 The boss of a US fintech heavyweight has said London boasts more innovative firms than rivals across the pond, with a rebound in funding set to create "a lot of new winners" in the sector.
