Bank of England left with tough choice on interest rate after week of fresh data April 19, 2024 Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.
Retail sales stagnant in March despite improving prospects for UK economy April 19, 2024 A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.
FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis April 19, 2024 Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
Muji secures rescue deal after entering administration April 18, 2024 Muji has secured its future after agreeing a rescue deal with its parent company.
Dunelm expects gross margins to grow despite ‘volatile’ homeware market April 18, 2024 The Dunelm board described the homeware and furnishing market as “volatile” and “challenging” on Thursday, as the retailer posted flat sales during the third quarter.
‘We have a vision’: American Golf hails improvement despite challenging year April 17, 2024 American Golf has hailed its improved financial performance despite facing "global and national factors" which negatively impacted how much customers wanted to spend and their confidence.
UK smoking ban: everything you need to know April 17, 2024 Despite some opposition, the UK smoking ban bill passed with significant support, including backing from Labour MPs.
De La Rue: Struggling British banknote maker reassures market it’s on track to hit profit target April 17, 2024 Last year, the company informed markets that demand for banknotes had slumped to the lowest level in 20 years.
Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent April 17, 2024 Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.
Liontrust continues to struggle with investor outflows despite positive fund returns April 17, 2024 Investors continued to pull money from Liontrust’s funds in the first quarter of 2024. In a trading update issued this morning, the asset manager said it had recorded £1.2bn in outflows during the first quarter of 2024. Despite the massive withdrawals, the company’s assets under management stayed flat during the quarter at £27.8bn. A total [...]