Letters: We need your help, Sajid Javid November 8, 2021 [Re: Backbench Business Debate, 4th November] Three years ago, the then Home Secretary Sajid Javid took steps that saved my daughter’s life. Now I need his help again. My daughter, Jorja, was born with a severe form of epilepsy, which left her suffering more than 30 seizures a day. She was admitted to intensive care, [...]
Oil prices rise after US agrees $1tn infrastructure deal November 8, 2021 Oil prices have continued to recover after US congress passed Joe Biden’s $1tn infrastructure deal, improving the global outlook for energy demand. The package includes major upgrades to roads, railways and broadband across the country and could boost economic growth and demand for fuel. Oil prices recovered from last week’s mini-slump with Brent crude up [...]
NHS to receive £250m in bid for more diagnostics tech as patient backlogs grow November 8, 2021 The National Health Service (NHS) is set to receive a £248m injection in a bid to modernise its diagnostics as pandemic-induced patient backlogs grow. The government funds, which will be invested over the next year, will see NHS labs to share patient results, tests and scans quicker between different hospitals and doctors, cutting the time [...]
Abrdn confirms talks underway for £1.5bn Interactive Investor acquisition November 8, 2021 FTSE 100 asset manager Abrdn has confirmed it is in talks to snap up Interactive Investor, the UK’s second-largest fund supermarket, in a £1.5bn deal that would represent its third major digital investment this year. In a move that would represent another push into UK adviser and consumer markets by CEO Stephen Bird, who took [...]
Putin the pressure on: Russia-Europe gas flows eastbound for third day running November 8, 2021 The energy supply crisis has been aggravated by one of three major Russia-Europe supply pipelines changing the direction of its gas flow. Flows in the Yamal-Europe pipeline between Russia and Germany are moving eastbound for the third day running, according to Gascade’s data. This is the second time gas supplies into Europe through this pipeline [...]
JD Sports defends Footasylum boss car park meeting as CMA investigates November 8, 2021 JD Sports has defended reports that its executive chairman met with Footasylum boss amid an ongoing competition watchdog review. The footwear giant’s executive chairman Peter Cowgill met with Footasylum chief Barry Bown, in a car park near Bury in Greater Manchester, this summer, in footage seen by the Sunday Times. JD Sports said in a [...]
BAE Systems maintains 2021 guidance for positive earnings growth November 8, 2021 BAE Systems has stuck to its guidance for earning per share to grow by 3-5 per cent this year compared to 2020. The multinational arms and aerospace company has kept its improved underlying position unchanged from the outlook it outlined at its interim results. It says demand for its products and services remains high. Demand [...]
Cake Box on track to meet expectations as nation’s sweet tooth drives record sales November 8, 2021 Specialist dessert retailer Cake Box saw shares spike 1 per cent at the open today, as it announced group revenue surged 92 per cent in the first half of the year. The cream cake specialist said group revenue jumped 92 per cent to £16.47m in the sixth months to September 30, up from £8.59m in [...]
London’s Argentex proposes interim dividend as revenue climbs a third November 8, 2021 Foreign exchange firm Argentex has proposed an interim dividend of 0.75p per share as its revenue climbs to record levels. The London-based company had revenue jump more than 30 per cent in the six months to 30 September, according to its interim financials. Argentex boasted a highly cash generative first half with 79 per cent of revenue converting to [...]
A winning wee dram: The Dalmore boss looks for global market November 8, 2021 SOME 6,000 miles separate the sleepy, picture-perfect waters of the Cromarty Firth and the Sotheby’s auction room in Hong Kong, but they are now bound together in the record books. A fortnight ago a collection of six rare whiskies from the Dalmore distillery in the far north of Scotland was auctioned off in the Asian [...]
