Ocado’s yo-yoing stock swings up again: Will critics ‘put away knives they’ve been sharpening’? July 16, 2024 A strong set of results this morning sent Ocado’s stock up 18 per cent, a day after a downgrade from leading broker Bernstein sent it down 10 per cent yesterday. In its interim results for the 26 weeks to 2 June 2024, the company reported revenue of £1.5bn, up by 12.6 per cent year on [...]
‘Thank you England – for everything’: Gareth Southgate steps down as manager July 16, 2024 Southgate had been in charge for eight years, during which time he took England to two finals and one semi-final in four major tournaments.
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
RM: Education tech firm’s losses widen as transformation continues July 16, 2024 “Our first half performance reflects the extent of the transformation RM has undergone," chief executive Mark Cook said.
With wage growth set to fall, the Bank of England should cut rates in August July 16, 2024 Wage growth remains stubbornly high despite the rise in unemployment and fall in hiring. However, this is not a signal for the Bank to hold off on cutting interest rates, Chris Dorrell argues
The Notebook: Say what you want about Trump, he did show presence of mind July 16, 2024 After last weekend's shooting, the US presidential election is now Trump's to lose, writes Michael Martins.
Increasing recruitment difficulties spark business calls for national skills strategy July 16, 2024 The skills gap will likely constrain how far and how fast the next government can move on a number of issues, from housebuilding to AI.
OBR, workers rights and planning: What to watch out for in the King’s Speech? July 16, 2024 Labour will set out their programme for government on Wednesday, when King Charles will deliver the King’s Speech as part of the state opening of Parliament.
Grace Beverley’s Tala to open UK stores and expand into US after £5m boost July 16, 2024 Tala, the activewear brand founded by influencer Grace Beverley, has raised an extra £5m in a funding round led by a backer of Five Guys.
Legal and General rows in behind Reeves’ housebuilding drive with £125m fund July 15, 2024 Legal & General has thrown its weight behind the government’s house building push today with a pledge to inject at least £125m of pension cash into affordable housing.