UK manufacturing growth slumps to 16 month low June 1, 2022 The soaring cost of living and a slowdown in shopper demand choked off growth in British manufacturing last month as the sector expanded at the weakest rate since January 2021, a closely watched survey revealed today
Dr Martens posts kicker revenue despite price rises and supply concerns June 1, 2022 Shares are up over 25 per cent this morning for Dr Martens after the iconic boot maker posted a strong performance in Americas and EMEA, with reported revenue up 29 per cent and 19 per cent respectively for the full year.
Analysts trim target price at Parsley Box as ready meal firm cuts losses June 1, 2022 Analysts have cut their expectations of ready meal business Parsley Box, despite the firm trimming its losses. Parsley Box’s adjusted earnings before interest, tax, depreciation and amortization (EBITDA) is around 10 per cent better than management expectations for the five months to 31 May, the company said in a statement today. Losses have been cut [...]
Off with its head: Globe’s Henry VIII is a raunchy mess June 1, 2022 It was during a performance of the Bard’s Henry VIII in the original Globe theatre in 1613 that a stage cannon misfired, setting alight its thatched roof and burning it down. While the new Globe’s 2022 production of this play may not feature cannon fire, plenty of surprises await, many of which would have made [...]
House prices grow for tenth month in a row, but market continues to cool June 1, 2022 House prices have growth for the tenth month in a row, according to the latest figures, though costs are continuing to slow in their steamroll. The average price of a home in the UK grew 11.2 per cent to £269,914 in May, slowing slightly from the more than 12 per cent growth reported in April, [...]
Oil markets sustain rally as EU commits to Russian embargo May 31, 2022 Oil prices continued to rise today, after the EU finally agreed to a phased and watered down ban on Russian crude imports.
Gold prices hit by hawkish Federal Reserve May 31, 2022 A resilient US dollar and rising bond yields are weighing down investor confidence in gold, which sits well below the $1,850 threshold.
Bain & Co snaps up London procurement specialist Proxima May 31, 2022 US consulting giant Bain & Co revealed it has snapped up London procurement specialist Proxima today, as demand for supply chain consultancy surges amid a wave of inflationary and geopolitical shocks.
What’s the future role of Bitcoin in Africa? May 31, 2022 Through Bitcoin, African nations have an opportunity to achieve equal status with global counterparts, writes Nigel Green.
Eurozone inflation surges to 8.1 per cent as pressure grows on ECB for rate hikes May 31, 2022 Eurozone inflation surged ahead of expectations to a record high in May as pressure grows on the European Central Bank’s to hike interest rates.