Lucozade targets tired office workers as new Alert energy drink hits the shelves January 31, 2022 Lucozade is focusing on products that will perk up tired workers, the beverage maker’s COO for Great Britain and Ireland told CityA.M. While the brand’s flagship Lucozade products have long been staples for sport fans and gym goers, a new product Lucozade alert is targeting those in need of a mental boost. During the pandemic, [...]
London markets post mixed day to kick off week as Vodafone climbs January 31, 2022 London markets kicked the week off in mixed style yesterday despite investors taking kindly to news that telecoms giant Vodafone is being targeted by an activist investor. The capital’s premier FTSE 100 index edged down 0.02 per cent to 7,464.37 points, while the mid-cap FTSE 250 index, which is more aligned with the health of [...]
Construction giant Midas confirms intentions to appoint administrator after tumultuous year January 31, 2022 Construction titan Midas has confirmed it is planning to appoint an administrator after the firm experienced financial woes in the past year. The Devon-based firm filed a £2m loss last year, marking its first deficit in 40 years of trading. Rival firms have reportedly approached Midas about a possible rescue deal, according to trade publication [...]
Gold under pressure amid interest rate hike concerns January 31, 2022 Gold prices chalked up its biggest weekly loss last week since September, with the Federal Reserve finally set to hike interest rates.
British stocks primed to reverse years of underperformance January 31, 2022 UK stocks are primed to turnaround years of underperformance and embark on a “winning streak,” according to analysis by a top City consultancy. London markets are ready to capitalise on the world’s top central banks launching a rate hike spree this year to get on top of inflation, according to Pantheon Macroeconomics. The FTSE 100 [...]
Cream of central banking crop have underestimated inflation crunch, experts warn January 31, 2022 The world’s top central banks have underestimated the stickiness of inflation spreading throughout rich economies, prompting them to launch a quicker than expected rate hike cycle this year. Measures used to quantify the severity of underlying inflation pressures will stay high even by the end of the year in most rich countries, according to fresh [...]
Households braced for mortgage shock ahead of rates hike as cost of living crisis deepens January 31, 2022 Fresh warnings over the cost of living have been issued as millions of households could face a huge mortgage shock. Trade body UK Finance has said one in four mortgage borrowers on variable rate deals will be affected by an anticipated rates rise, The Telegraph first reported. The Bank of England is anticipated to hike [...]
Data suggests foreign firms are responsible for almost a third of underpaid tax January 31, 2022 New analysis released today has revealed that foreign companies are responsible for almost a third of underpaid tax in the UK according to HMRC, with large US-owned businesses making up the highest percentage.
Upbeat investors are knocking on February’s door after end of month rebound January 31, 2022 After a wild and turbulent week, which saw European markets close lower for the third week in succession, and US markets hit seven-month lows, before closing the week higher, January has been a month which has proved to be hugely challenging to define a narrative for more than a day. While markets in Europe [...]
Editorial: These “tax-cutting Conservatives” seem very keen on hiking taxes January 30, 2022 If it quacks like a high-tax duck and talks like a high-tax duck, it is difficult to believe that it is fact anything but a high-tax duck. So it is with Boris Johnson and Rishi Sunak, who professed this weekend to be “tax-cutting Conservatives” in a column confirming they were dead set on hiking national [...]