FTSE 100 close: London’s blue-chip index closes higher after UK returns to growth while Mobico plunges October 12, 2023 London rose as The Restaurant Group's share soared and Mobico's plunged, while investors reacted to latest GDP statistics.
Darktrace holds forecasts as cybersecurity business picks up October 12, 2023 British cybersecurity company Darktrace has expressed confidence in its full year outlook as new customer additions pull up revenues.
Brits to face higher bills as Ofgem grapples with rising debts October 12, 2023 Households will be on the hook for Ofgem's plans to stabilise the energy sector to reduce the risk of suppliers going bust.
Recession, rates and growth: Three things today’s GDP figures tell us about the health of the UK economy October 12, 2023 Although the UK economy returned to growth in August, a recession may still be on the cards.
London’s landmark Tower Bridge undergoes overnight maintenance works October 12, 2023 Overnight work is being carried out to replace some giant components of London’s landmark Tower Bridge. Four two metre-long nose bolts have been removed and replaced for the first time in decades as part of a series of maintenance works taking place during overnight closures. The bolts lock in place the moving parts of the [...]
Wise: Profit upgrade sends shares jumping as fintech firm revels in rising interest rates October 12, 2023 Wise shares have jumped this morning after the fintech firm hiked its profit guidance for the year on the back of a boom in customer numbers and bumper income from interest rates. Wise, which offers a current account to customers and allows them to ping currency overseas, said in a trading update this morning income [...]
National Express owner Mobico sees shares tank after miserable trading update October 12, 2023 Mobico Group said it had suspended its 2023 dividend and is exploring the sale of its North American school bus business.
London councils warn of financial ‘knife edge’ as overspends grow October 12, 2023 The warning comes as councils across the country have said they are experiencing severe financial pressures, with seven councils issuing Section 114 notice
KPMG: Audit giant handed record fine over failures on Carillion collapse October 12, 2023 KPMG has been slapped with a record fine over its botched auditing of Carillion, the construction company which went spectacularly bust in 2018.
Time to buy? Shares are up as Hotel Chocolat says it’s ‘on the front foot again’ October 12, 2023 Hotel Chocolat CEO said the "hard work" of a turnaround plan was beginning to pay off
