Ethereum price movement outpaces Bitcoin ahead of Merge September 6, 2022 The price of Bitcoin (BTC) remains stuck below $20,000 this morning, with the largest cryptocurrency by market value changing hands for $19,911.
Liz Truss set to outline £40bn package to help businesses with energy bills September 6, 2022 Liz Truss is reportedly set to outline a £40bn support package for businesses struggling with soaring energy bills in the coming weeks. The incoming Prime Minister is mulling over two options – setting a fixed energy price for businesses or a flat percentage discount that energy suppliers must offer to companies. Bloomberg reports that the [...]
Construction sector shrinks for second month in a row as recession signals brighten September 6, 2022 Construction activity shrank for the second month in a row in a sign the UK economy’s malaise is spreading to every sector, a closely watched survey published today showed. S&P Global and the Chartered Institute of Procurement and Supply’s purchasing managers’ index (PMI) edged higher to 49.2 last month, up from 48.9 in July. Despite [...]
Boris Johnson’s farewell speech at Number 10 gives unity call: ‘It’s time for politics to be over’ September 6, 2022 Outgoing prime minister Boris Johnson’s farewell speech offered a unity call to his successor Liz Truss’s government, saying it’s “time for politics to be over” and for the party to stop infighting. In a brief early-morning address to a packed crowd outside the famous black door of Number 10, Boris Johnson said the torch had [...]
Tullow merger target Capricorn weighs up alternative bidders September 6, 2022 Capricorn Energy has confirmed it is holding talks with other bidders, following investor concerns over its Tullow merger.
Headlam ‘set fair’ for when current headwinds ease up as revenue falls slightly September 6, 2022 Floor coverings distributor Headlam has said it is “set fair” for when current headwinds let up, after posting a slightly subdued revenue in interim results. The London-listed firm posted total revenue of £323.8m, versus £329.9m the previous year, in results for the six months ended 30 June 2022. It recorded a 2.9 per cent decline [...]
Inland Homes shares plummet as it suspends shareholder buy-backs September 6, 2022 Inland Homes has announced it expects to make a heavy loss this year and has suspended its announced share buy-back programme.
Housebuilder Berkeley on track for £600m profit despite spiralling costs September 6, 2022 Berkeley, one of the biggest housebuilders in the country, is on track to hit £600m in pre-tax profit this financial year and £625m the next despite spiralling costs. The FTSE housebuilder said that current levels of demand for homes in the UK is “sufficient to cover the cost increases”, as inflation hits energy, raw materials [...]
STV: Scottish broadcaster has revenue and profit boost as it beats streaming challenge September 6, 2022 Scottish broadcaster STV experienced a boost in revenue and profit in the first half of 2022, driven by a focus on streaming and local advertising. The most popular peak-time channel for four years running, at 22.2 per cent, had a three per cent increase in revenue up until June 2022, up from £60.3m, while its [...]
Go-Ahead hit by cyber security incident but says rail services ‘operating normally’ September 6, 2022 Go-Ahead has been hit by a cyber security incident after unauthorised activity was detected on its network yesterday, the bus operator revealed. The public transport operator stated there was “no impact on UK or international rail services which are operating normally.” Go-Ahead said it “immediately engaged external forensic specialists” after the hack was discovered and [...]
