THG rally provides some relief for Moulding January 26, 2022 Shares in beleaguered e-commerce firm THG rallied today following a difficult two weeks which has seen the firm’s share price plummet to over 85 per cent below their initial flotation price.
Crude oil moves closer to $100 milestone as tensions mount between the US and Russia January 26, 2022 Oil prices touched $90 a barrel for the first time in seven years amid tightening supplies and rising tensions between Ukraine and Russia
Average nightclub business in £230k worth of debt as sector calls for support January 26, 2022 The average nightclub business is burdened by debt topping £230k thanks to the pandemic, with sector bosses calling for more support. Clubs are no longer required to ask revellers to show their NHS Covid Pass on entry, however the sector has said a full Covid recovery was far away. The Night Time Industries Association (NTIA) [...]
Boris Johnson bats away calls to resign as Westminster waits for Sue Gray report January 26, 2022 Boris Johnson rebuffed calls to resign today over the Downing Street parties saga, with the Prime Minister stonewalling a barrage of questions about the Sue Gray report in the House of Commons. Johnson admitted during Prime Minister’s Questions (PMQs) that he would have to resign if he is proven to have misled parliament over the [...]
Boohoo opens first owned factory in ‘new chapter’ amid international market challenges January 26, 2022 As Boohoo opens its first owned factory in Leicester, the company will be hoping to take a positive step forward after a miserable two years. The fast fashion retailer said its new 32,000 sq ft factory in Thurmaston Lane, Leicester, was “proof of its commitment to the city of Leicester and ethical British manufacturing.” The [...]
Sage records ‘strong start to year’ despite investor uncertainty January 26, 2022 The Sage Group makes a “strong start to year”, with software subscription revenue growth up by 13 per cent to £336m, increasing subscription penetration to 73 per cent.
Former Barclays boss Staley pressed JPMorgan to keep Epstein as client January 26, 2022 Former Barclays boss Jes Staley pushed his ex-employer JPMorgan to retain Jeffrey Epstein as a client even though the disgraced financier had been convicted of prostitute offences. Staley pressed the Wall Street giant to keep Epstein before the bank parted with him as a customer in 2013, according to two people close to the situation. [...]
Exclusive: CME crypto futures products a smash hit with investors January 26, 2022 Surging demand for crypto exposure amongst investors has created a bustling futures market according to the Chicago Mercantile Exchange.
SumUp eyes $20bn valuation with $500m funding round January 26, 2022 London-based payments fintech SumUp is eyeing up a $22bn valuation.
Food and drinks industry call for CO2 deal to head off shortages on shelves January 26, 2022 The food and drink industry has warned the UK of potential shortages without a new agreement on CO2 supplies.
