Computacenter: Profit down by a third on ‘weak demand’ for UK tech July 26, 2024 London-based tech company Computacenter announced a drop in profit before tax by a third for the first half of the year on weaker than expected demand in the UK industry. The £2.97bn firm, which helps businesses set up and manage their computer systems and software efficiently, expected its profit before tax for the half year ended 30 June [...]
Natwest shares rise after strong results and deal for part of Metro Bank’s mortgage book July 26, 2024 Natwest became the latest bank to report a fading boost from higher interest rates as it announced the acquisition of part of Metro Bank's mortgage book.
FTSE 100 bounces back into green after tech sell-off July 26, 2024 FTSE 100 stocks have taken a dive this morning after a set of poor earnings reports and American markets suffering their worst day in two years.
Olympics: Rugby sevens needs Dupont and USA to be medal contenders July 26, 2024 As a former sevens player, the Olympics is always an exciting time. We see the very best of a bunch of athletes who otherwise go under the radar across the rest of the calendar. But in a rugby-mad country like France, where stars like Toulouse and international No9 Antoine Dupont will be on show, this [...]
Investors bet big on private equity despite tax fears July 26, 2024 High net worth UK investors are more positive on private equity than every other asset class, despite fears that tax changes could scupper positive returns, according to a new survey.
Westwood and Majesticks aiming to dig deeper as LIV Golf heads to JCB Club July 25, 2024 After two years at Centurion Club near London, the circuit’s only British tournament has been relocated to the JCB Golf and Country Club in Staffordshire.
Qatar Airways to sponsor British and Irish Lions Tour to Australia July 25, 2024 Major long haul group Qatar Airways will be the title partner to the British and Irish Lions series against Australia in 2025. The partnership marks the next step in sponsorship for the famous rugby touring group, who have one of the most valuable pound-per-minute played commercial platforms in world sport. They follow City firm Howden [...]
US GDP sails past expectations again on back of strong consumer spending July 25, 2024 The world’s largest economy breezed past economists’ expectations yet again as consumer spending picked up more than anticipated. According to new ‘flash’ figures published on Thursday, US GDP grew at an annualised rate of 2.8 per cent between April and June. Economists had expected GDP to grow 2.0 per cent. This was a substantial acceleration [...]
How Lucy Charles-Barclay turned Olympic pain into triathlon superstardom July 25, 2024 Lucy Charles-Barclay on how she fell into triathlon stardom and taking a step towards another world title at the London T100 this weekend. In a parallel universe, Lucy Charles-Barclay might be spending the next few days preparing to go for a fourth gold medal in open-water swimming at the Paris 2024 Olympics. Aged 18, the [...]
UK car production falls amid EV switch July 25, 2024 New figures from the Society of Motor Manufacturers and Traders (SMMT) showed production fell 7.6 per cent in the first half.