Staffline shares pop as recruiter’s profits set to rise despite lorry drive shortages July 28, 2021 Shares in recruiter Staffline popped nearly 10 per cent this morning after it predicted a rise in gross profits for the half year. Revenue for first half is expected to be £450.7m, up from £430.3 million for the same period last year, up 4.7 per cent. Gross profit expected to be £39m, up 14 per [...]
What needs to happen with cryptocurrencies for regulators to more readily accept this industry? July 28, 2021 CEX.io executive director Konstantin Anissimov looks at cryptocurrency regulation, and how it will affect the future.
Metro Bank pulls in solid revenue as asset growth looks sluggish July 28, 2021 Metro Bank has pulled £179.8m in revenue in the past six months, as the British bank looks to return to a more profitable growth in the second half of the year. Revenue was up some £26.5m in the six months to 30 June, which the bank put down to the recovery of much of the [...]
Biden: Cyber attacks likely the trigger to a real ‘shooting war’ July 28, 2021 Joe Biden has said any major “shooting war” is most likely to come as a consequence of a cyber attack, Biden announced cybersecurity has become his top priority within his administration after a series of attacks on high-profile businesses across the US over recent weeks. Software company SolarWinds, Colonial Pipeline, Kaseya, and meat-processing firm JBS [...]
Wizz Air bullish on summer recovery despite €114m loss July 28, 2021 Low-cost carrier Wizz Air reiterated that it would return to pre-pandemic levels of flying over the summer months after falling to a €114m loss in the first quarter. The Hungarian airline, which flew at just 33 per cent capacity in the first period due to continued travel restrictions across Europe, said it expected to hit [...]
British American Tobacco smoking alternatives revenues take off July 28, 2021 British American Tobacco has seen its smoking alternatives take off, as the new products brought in £883m alone and customers increased at their highest rate yet. Its smoking alternatives like vape, tobacco heating and modern oral products brought in more than 40 per cent more revenue in the six months to 30 June than in [...]
Shakespeare on advertising: Asos looks set to build on success July 28, 2021 ASOS recently reported revenues of £1.3bn for the four months leading up to June 30, 2021 – a year-on-year increase on last year’s performance of £1.1bn. Beyond customer growth, however, data from YouGov BrandIndex shows that the online fashion retailer has seen real improvement in a number of key areas. ASOS’ Impression scores – which [...]
ITV to restore dividend as advertising revenue bounces back July 28, 2021 ITV today pledged to reinstate its full-year dividend after the embattled broadcaster said it was emerging from the worst effects of the pandemic. The London-listed company said that while it will not pay an interim dividend due to ongoing uncertainty related to Covid, it planned to resume its payout at the end of its 2021 [...]
Rampant housing demand boosts Santander profits July 28, 2021 Strong mortgage lending boosted Santander’s profits in the first half of this year as demand in the UK housing market soared. Profits before tax at the lender were up more than fivefold to £751m, up from £148m in the same period last year. Higher net-interest income – the difference between what a bank receives from [...]
Olympics: Pool gold rush continues but disappointment in the rowing July 28, 2021 Olympic gold and silver medallists Tom Dean and Duncan Scott continued their imperious form in the pool as they combined to help Team GB win the 4x200m freestyle relay and the team’s fifth gold overall in Tokyo. The quartet came within 0.03 seconds of breaking the world record after a stunning performance that blew away [...]
