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  • UK riots: Sadiq Khan warns violent disorder ‘will not be tolerated’ in London

    August 7, 2024

    Sadiq Khan has warned would-be rioters that “violence and disorder on the streets of London will not be tolerated” as he issued a call for calm.

  • UK economy’s recovery from pandemic stronger than first thought

    August 7, 2024

    The UK economy recovered from the pandemic faster than had previously been thought, new revisions from the Office for National Statistics (ONS) show. In the latest set of Blue Book revisions, the ONS upgraded their estimate for GDP growth in 2022 from 4.3 per cent to 4.8 per cent. This upgrade was a “little larger” [...]

  • Abrdn records net inflows as fund manager prepares to appoint new chief

    August 6, 2024

    Abrdn has reported improved flows and progress on its cost-saving efforts as the fund manager gears up to appoint a new chief executive.

  • Southport: Protesters clash with police as ministers to discuss disorder

    August 3, 2024

    Riot police have been involved in face-offs with protesters across the UK as ministers are expected to meet to discuss the potential for further widespread disorder.

  • Intel shares tank after chipmaker announces over 15,000 job cuts

    August 2, 2024

    Intel has said it would cut more than 15 per cent of its workforce as the chipmaker pursues a major turnaround effort.

  • Robert Walters insists 2024 ‘not a lost year’ despite tumbling profit

    August 1, 2024

    Recruiter Robert Walters has insisted that 2024 is not a lost year despite posting another set of results dominated by tumbling profit and and fees.

  • Vinted mulls share sale that could value platform at £3.8bn

    July 31, 2024

    Vinted has reportedly contacted investors about a share sale which could value the company at as much as £3.9bn.

  • Crypto-Friendly Sygnum Bank Posts Record Profit and $4.5 Billion in Client Assets

    July 31, 2024

    Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Sygnum Bank has announced its first-half profit for 2024, driven by a substantial increase in crypto trading volumes. The bank, which holds $4.5 billion in client assets, attributed this [...]

  • Greggs: Bakery chain on a roll as sales up once again

    July 30, 2024

    Greggs' total sales for the 26 weeks to June 29 reached £960m, crediting the boost in numbers to a partnership with Uber Eats and the roll-out of its evening trade plan.

  • Entain: Shares tumble after US division predicts full year loss

    July 29, 2024

    Entain's aggressive expansion in the US helped the gambling firm's American division to bring in over a billion dollars (£780m) of revenue in the first half of the year, as it ramps up marketing spend.

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