Strong January retail sales raise hopes UK already ‘moving out of recession’ February 16, 2024 Retail sales rebounded much more than expected in January, following a poor Christmas period, raising hopes that the UK economy will be able to escape recession within a matter of months. Figures from the Office for National Statistics (ONS) showed that sales volumes were up 3.4 per cent in January, compared to the 1.5 per [...]
Wellness Wonders: Meet the founder of gut health brand Biotiful Kefir February 16, 2024 Natasha Bowes founded Biotiful Gut Health in 2012 to fulfil her dream of introducing Kefir to the UK and improving the nation’s gut health.
How are AI hedgies finding the next Nvidia and what are they betting big on? February 16, 2024 As Nvidia becomes Wall Street’s third most valuable company, where else are hedgies looking to place their AI related bets?
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
Brexit friction is hurting firms – Sunak must ‘strengthen EU relations’, top business body warns February 16, 2024 Businesses have still not adapted to the impact of Brexit and the government must “strengthen relations with the EU” to alleviate the strain on firms, the UK’s top business body has warned.
Crypto’s community ownership ethos can pose risks to projects February 16, 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 Just yesterday we wrote about the Starknet token launch and distribution to early adopters and ecosystem members through an ‘airdrop’. The narrative quickly turned sour as many [...]
Moving markets today: What’s shaping the FTSE 100 this morning February 16, 2024 The S&P 500 hit a record high despite big tech losses, while the Nikkei reached new heights and oil remained stable. Investors awaited the release of UK retail sales and US PPI data.
Applied Materials shares surge 12 per cent on bullish revenue forecast amid AI craze February 16, 2024 Applied Materials, a leading supplier of semiconductor equipment, witnessed a remarkable surge in its shares by more than 12% during after-hours trading on Thursday.
FTSE 100: London markets rise as UK recession and poor retail sales bolster hope for interest rate cuts February 15, 2024 The UK economy shrunk 0.1 per cent in December meaning it contracted 0.3 per cent over the fourth quarter of last year, a worse performance than economists had expected.
London Overground strikes suspended following improved pay offer February 15, 2024 Strikes on the London Overground next week have been suspended after unions received an improved pay offer.
