UK economic data dump set to bolster case against September rate cut August 12, 2024 A slew of official UK economic data this week is poised to bolster the case for policymakers at the Bank of England not to cut interest rates next month, with inflation forecast to rise for the first time this year.
UK business output jumps to highest level in two years as further rate cuts expected August 12, 2024 UK business output has jumped to its highest level in two years, according to a closely-watched survey, as the expectation of more interest rate cuts provide optimism for the coming months.
‘Utter madness!’: 7 of the best Edinburgh Fringe shows to book now August 9, 2024 “Spectacular and unhinged” are two words rarely seen together in theatre reviews, except for at the Edinburgh Fringe, where the most brilliantly eccentric ideas get space to breathe. Here are the best shows to catch at the Edinburgh Fringe, and helpfully, we’ve only reviewed performances with London transfers so if you aren’t going to Scotland [...]
TI Fluid’s shares spike as firm outperforms soft EV market August 8, 2024 Shares at automotive components manufacturer TI Fluid Systems spiked on Thursday despite a dip in revenue as it raised margin guidance and outperformed a weak market. Revenue at the FTSE-250 listed firm, which designs and manufactures thermal management and fluid handling systems, declined by 1.4 per cent at constant currency in the six months ended [...]
Volvo: Record-breaking year for car maker as UK sales near £2bn August 7, 2024 Volvo's UK sales jumped closer to the £2bn mark after another record-breaking year, it has been revealed in newly filed accounts.
TP ICAP: Broker’s shares jump to three-year high after profit beat and fresh buyback August 7, 2024 Shares in inter-dealer broker TP ICAP jumped as much as 15 per cent on Wednesday after its half-year profit beat market expectations and it launched a third share buyback programme.
TVL makes ‘strides’ in securing £19.5m investment for refinery set to power UK’s EV boom August 5, 2024 The company behind Tees Valley Lithium (TVL) said it is making "significant strides" in securing up to $25m (£19.5m) in funding for its Wilton refinery project.
Elliott warns Nvidia is in ‘bubble land’ and AI is ‘overhyped’ August 2, 2024 Hedge fund Elliott Management has slammed artificial intelligence technology as "overhyped", warning that star stock Nvidia is in "bubble land".
Labour will drive away wealth creators July 31, 2024 Labour have talked a good game on growth, but all their early actions seem precision calculated to deter investors, says James Price I’m not sure if Rachel Reeves is a fan of musical theatre, but going into her economic statement on Monday, she would have done well to heed the words of George Washington in [...]
The Notebook: We need seats! A plea for pedestrianisation July 30, 2024 When it comes to outdoor seating, London could learn a thing or two from its seat-spoiled European neighbours, argues Lucy Kenningham