Costa Coffee win helps digital agency Idhl grow ahead of US expansion Media Idhl, a digital agency backed by the owner of Burger King's UK arm and Hobbycraft, has said winning new clients such as Costa Coffee helped its revenue edge closer to £40m during 2023.
US Fed rate cut hopes fade: Odds of a June cut fall to 50:50 Economy Investors hoped for big US Federal Reserve interest rate cuts this year, but now it's unclear if even half of what was expected will happen.
Red Engine: Flight Club Darts and Electric Shuffle owner secures £60m boost Finance Red Engine, the company behind Flight Club Darts and Electric Shuffle, has agreed a £60m funding boost to help it expand further across the globe.
Build-A-Bear and kitchen cabinets: US winners beyond the Mag 7 March 27, 2024 De Lisle, who manages the £329m VT De Lisle America fund, focuses on smaller companies and away from tech, and prides himself on finding "cheap little growth stocks".
Hill and Smith shareholders set for bumper payday after profits pass £100m March 12, 2024 Shareholders are set for a bumper pay day after international construction and infrastructure firm Hill & Smith significantly increased its dividend following its profits passing the £100m mark.
JD Sports-backed Applied Nutrition hires US boss ahead of London float March 11, 2024 JD Sports-backed supplement maker Applied Nutrition has hired a US chief executive ahead of its expected float on the London Stock Exchange.
Flutter: The house always wins but can Fanduel’s gold rush last? January 29, 2024 Flutter’s secondary listing today has pleased investors but it will need to fight for its future amid a fiercely competitive US market.
Fed’s preferred measure of inflation slowed in December – how will this impact rates? January 26, 2024 US core personal consumption expenditure (PCE) inflation, the Federal Reserve’s preferred measure of inflation, fell to 2.9 per cent in December, below expectations of three per cent and down from 3.2 per cent in November. PCE inflation differs from the traditional measure of inflation, the consumer price index (CPI), by including a wider scope of [...]
UK firms asked to disclose China investments as Sunak mulls trade curbs August 21, 2023 A host of British firms have been asked by the government to hand over information on their investments in China, as the UK looks to take stock of its business ties to the state amid increasing geopolitical tensions. The government confirmed today that a survey was sent to a number of UK firms last month [...]
US Senate approves debt ceiling bill narrowly avoiding traumatic default June 2, 2023 The US Senate approved a deal to lift the debt ceiling yesterday, avoiding a traumatic federal default by a matter of days. 63 senators backed the proposals on Thursday night after the deal secured bipartisan support in the House of Representatives on Wednesday. Senate Majority Leader Chuck Schumer said ahead of voting that the Bill’s [...]