Germany’s economy faces £220bn blow from war in Ukraine and ultra-high energy prices August 9, 2022 Germany's economy will lose over £220bn by the end of the decade, following Russia's invasion of Ukraine and ultra-high energy prices.
Canadian engineering firm WSP snatches up RPS for £591m August 9, 2022 Engineering firm WSP has snatched environmental consulting group RPS for £591m, at 117p per share. Agreed by both parties today, the offer sent RPS shares surging by 74.36 per cent as it represents a premium of 76 per cent on yesterday’s price. The group’s board accepted the offer, considering the terms of the agreement to [...]
News Corp nearly doubles profit after online advertising sales and subscriptions soar August 9, 2022 Rupert Murdoch’s publishing giant News Corporation has almost doubled its profit to reach a record $760m. The buoyant results come after a boom in online advertising sales and subscriptions for the owner of titles including The Wall Street Journal, The Australian, The Sun and The Times. Revenue shot up 11 per cent to $9.36bn in [...]
Centrica seals mega-deal with Delfin for US LNG supplies August 9, 2022 Centrica has signed a mega US deal to ramp up its supplies of lnf from a floating export facility located 40 miles off the coast of Louisiana.
Sunak says Truss is ‘divorced from reality’ over cost of living crisis August 9, 2022 Rishi Sunak has launched a stunning attack on Liz Truss today, with his campaign team labelling the Tory leadership frontrunner as “divorced from reality”. A Sunak campaign spokesperson said Truss has refused “five times” to say if she will promise to hand out emergency payments to combat spiralling energy bills and that her plan to [...]
Abrdn shares plunge after market turmoil sparks £320m loss August 9, 2022 Shares in Abrdn plunged today after the asset manager reported a £320m loss and a sharp slide in assets under administration in the first six months of the year, after a turbulent period on markets.
New calculator shows how much you could have earned from crypto if you’d held on to it August 9, 2022 A new calculator has been launched showing how much you could have earned from cryptocurrency if you'd held onto it from 2020.
Where next for the Rolls-Royce share price? August 9, 2022 Rolls-Royce shares (LON: RR) sunk by 10% to 83p on Friday after half-year results spooked investors over long-running problems with supply chain issues and inflation. The FTSE 100 engineer has struggled to gain traction after the pandemic crash in 2020 saw its shares collapse from 236p in February 2020 to just 39p by October 2020. And after recovering to 147p [...]
John Lewis chair says lockdown retirees should return to work to tackle economic turmoil August 9, 2022 John Lewis head Dame Sharon White has urged the government to encourage lockdown retirees back into work to avoid stagflation. The retail chief warned that ministers should address labour shortages in order to prevent the economic situation from worsening, in an interview with BBC on Tuesday morning. “There’s not a business in the UK that’s [...]
Proposed bus cuts will lead to personal security concerns for women, minorities and disabled Londoners August 9, 2022 The bus cuts proposed by Transport for London (TfL) will lead to personal security concerns for Londoners – especially for women, people of colour and disabled people. According to watchdog London TravelWatch, the planned cuts will force one in five Londoners to change buses in the middle of the night, moving to an altogether different [...]
