UK economy continues to ‘skirt with recession’ due to Bank of England’s interest rate hikes October 24, 2023 The UK economy is teetering on the edge of a recession under the weight of higher borrowing costs, a closely watched survey suggests.
Plus500: Shares jump as fintech firm closes in on higher targets October 24, 2023 Israeli fintech firm Plus500 said it was on track to hit a recently ramped up set of targets today after revenues rose over the summer on the back of a high-value customer boost.
Several missing after British-flagged ship sinks in North Sea following collision October 24, 2023 Two cargo ships have collided in the North Sea off the German coast and several people are missing, according to German authorities.
Shares in CAB Payments plunge 70 per cent as bosses issue profit warning and launch cost-cutting plans October 24, 2023 Shares in newly listed fintech firm CAB Payments have cratered by more than half this morning after the firm issued a profit warning on the back of a slowdown in some of its key markets.
Hipgnosis: Shakira’s hips (and hits) can’t shift the dial October 24, 2023 Embattled Hipgnosis has failed to find a higher offer for its $440m (£358m) catalogue sale, including songs by Shakira and the Kaiser Chiefs.
Anglo American’s copper productions soar on its decarbonisation journey October 24, 2023 Report by Anglo American reveals a four per cent decrease in copper production in Chile and a more promising 43 per cent increase in Peru.
Bunzl snaps up two more firms as dealmaking spree continues October 24, 2023 Outsourcing giant Bunzl has announced two more acquisitions, bringing its tally for the year to 14 and at a total spend of more than £425m.
Barclays share price slumps as lender lowers UK guidance again October 24, 2023 Barclays performed in line with expectations but flagged difficulties ahead as it lowered its margin guidance for the rest of the year.
Unemployment lower than expected in new ‘experimental’ figures – but experts raise concern over data quality October 24, 2023 Figures out last week showed that average wage growth had slowed slightly, with total annual wage growth falling to 8.1 per cent compared to 8.5 per cent in the previous reading.
Another London-listed firm heads for private hands in £100m sofa deal October 24, 2023 ScS, a sofa chain, is to go private after a takeover by an Italian furniture retailer - the latest firm to leave the London Stock Exchange
