Orsted: Wind farms tank as market bets on Trump win after assassination attempt July 16, 2024 Wind farm manufacturers like Orsted have seen their share prices tank following the assassination attempt on former president Donald Trump, as markets bet that the more likely it is he's re-elected, the worse it will be for renewable energy.
The housing crisis is trapping adults in perpetual adolescence July 16, 2024 Older generations don’t understand the emotional toll lack of housing is taking on young people who are having to postpone adult milestones, says Emma Revell In an ironic turn of events, I may have become one of the first home-owners of the Starmer era. On 5th July, having been awake for well over 24 hours [...]
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate July 15, 2024 Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
It’s the energy price stupid July 12, 2024 It’s not just the Conservatives, governments across the Western the world are being punished for failing to manage expectations in the face of an energy price shock, writes Paul Ormerod The scale of the Conservative defeat in the election has been amply documented. But what has been mentioned much less is the fact that they [...]
JD Wetherspoon: Tim Martin on a ‘gradual recovery’ and Reeves’ plans for pubs July 10, 2024 Labour costs have increased by £164m in this financial year compared to 2019, while energy, repairs and interest costs have risen by £28m, £38m and £16m respectively.
Lovehoney profit slashed in half as Brits cut back on adult toys July 9, 2024 Adult retailer Lovehoney has seen its profit slashed in half as cash-strapped customers bought fewer sex toys, newly filed documents have shown.
Hunting rides wave of energy firms’ oil and gas demand July 9, 2024 Oil well manufacturer Hunting traded ahead of expectations in the first half of 2023, its management has said, thanks to especially strong performance in its oil country tubular goods and its subsea and advanced manufacturing segments.
Wall Street banks JPMorgan and Goldman Sachs set for earnings boost on dealmaking rebound July 8, 2024 Wall Street lenders are set to post higher investment banking fees for the second quarter of 2024, as early signs of a rebound in dealmaking partly offset weaker growth in lending income.
Michelin nearly doubles UK profit as tyre price rises accelerate sales July 3, 2024 The UK arm of tyre giant Michelin has almost doubled its pre-tax profit as it fought off the rising cost of production by upping its prices.
Tomorrow, vote for change July 3, 2024 This election is not a choice between higher taxes and higher spending, but a chance for a break from instability and neo-liberal governance, says John McTernan Change. That’s the proposition. Labour promise a break from instability. Instead of five Prime Ministers in six years they offer just one – Keir Starmer. A man with a [...]