Netflix: More price hikes cast shadow over potential ad-tier gains October 15, 2023 Netflix is set to kick off the tech earnings season and analysts are bullish as they expect user growth and a boost from the new ad-tier.
Freezing working-age benefits could save £4 billion but at ‘terrible cost’ October 14, 2023 Freezing working-age benefits next year could save the Treasury more than £4 billion but at a “terrible cost” of plunging an additional 400,000 children into poverty, a think tank has warned. The Resolution Foundation said its research suggested that scrapping the uprating of working-age benefits in line with prices inflation next year would reduce the [...]
Loungers reports revenue jump as inflation pressures ease October 13, 2023 It means that in the first half of this financial year, Loungers made £149.6 million in revenue, 22.3 per cent higher than the year before.
Insolvencies will keep rising for ‘foreseeable future’ under burden of Bank’s high interest rates October 13, 2023 Insolvencies climbed 17 per cent on last year in September as companies struggled under the burden of the Bank of England's interest rate hikes.
Britain and US should form energy partnership like Aukus, US senator says during UK tour October 13, 2023 Duckworth said the US is in desperate need of transformers to upgrade its electricity grid, but is struggling because much of what it needs is produced in China
FTSE 100 close: London markets fall deeply into the red after Bailey’s hawkish comments on interest rates October 13, 2023 The FTSE 100 managed to eke out some gains thanks to its oil giants, who benefited from rising oil prices.
Car insurance premiums hit record highs as claims costs surge October 13, 2023 Car insurance premiums have hit record highs as insurers battle rising claims and heightened costs related to insuring electric vehicles, according to new data.
National Express owner Mobico has hit the brakes – so what’s going on with its share price? October 12, 2023 Mobico shares have spiralled near 30 per cent today as analysts question its push into international markets.
Pound slumps as US inflation remains stuck at 3.7 per cent in September October 12, 2023 Sterling slumped after US inflation came in slightly ahead of expectations.
Government must send ‘clear signals’ to boost UK hydrogen investment October 12, 2023 The government must send "clear signals" that the UK is ready for business, or risk failing to meet its hydrogen ambitions.