Pressure on Federal Reserve to tighten monetary policy grows as US inflation rises faster than expected Like the UK, the US is seeing inflation rise faster than expected in recent months Rising energy prices are hitting consumers with growing food Read more …
Category: Business & Finances
This category is the hotspot for all the business people, and self-employed professionals out there which give them daily feeds on latest business news, current opportunities in the market that are available for them and also the details about the existing ones. One also must follow the blog for the young entrepreneurs where they can follow the successful business legends by reading their success stories and get knowledge from their failures which in turn will build up various leadership qualities among them.
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THG continues to slide as it assures investors of ‘very strong liquidity’
Hut Group shares keep sliding despite firm’s claims that there is ‘no reason’ for sell-off and liquidity is ‘very strong’ The online retailer’s share price decline continues into second day THG’s assurances follow those of CEO Matt Moulding yesterday afternoon Read more …
‘It’s not been a great day’, says Hut Group boss as shares sink 35%
‘It’s not been a great day’, says Hut Group boss Matt Moulding as shares sink another 35% By Hugo Duncan and Archie Mitchell For The Daily Mail Published: 22:38 BST, 12 October 2021 | Updated: 11:35 BST, 13 October 2021 Read more …
BUSINESS LIVE: UK set for December rate hike amid IMF inflation warning
BUSINESS LIVE: UK set for December rate hike amid IMF inflation warning; Private equity sharks circle Glaxo unit; Marston’s toasts return to pre-pandemic sales By Mike Sheen For This Is Money Published: 07:50 BST, 13 October 2021 | Updated: 08:34 Read more …
Fast fashion in slow lane: As Boohoo and Asos fall, M&S and Next rise
Have we hit peak ‘fast fashion’? Shares in online boutiques Asos and Boohoo have fallen out of vogue with a crash. Yet over at dear old Marks & Spencer, which has struggled for years to win back its womenswear throne, Read more …
MARKET REPORT: ‘Leaking wells’ send Diversified Energy crashing 20%
London-listed Diversified Energy saw its shares sink after it become embroiled in a row over the impact of its gas wells on the atmosphere. The FTSE 250 group, which is the largest well owner in the US with over 61,000 Read more …
MARKET REPORT: Drax shares tumble after power plant eco-shaming
The City of London feeds off rumours and yesterday Drax was the name on the tip of every trader’s tongue. The energy company saw its shares tumble 5.3 per cent, or 27p, to 483p amid talk in the market that Read more …
EasyJet losses to near £1.2bn but skies are clearing for struggling airline
EasyJet losses for 2021 will near £1.2bn but skies are clearing for struggling airline as passenger numbers rise to 70% of pre-Covid levels Losses expected to be between £1.14bn and £1.18bn in the year to 30 September Passenger numbers have Read more …
French Connection losses narrow as the struggling chain’s £29m buyout nears
French Connection losses narrow on the back of strong wholesale performance as the retailer’s £29m buyout nears Revenues down 21.2% on 2019 levels to £40.2m in the six months to 31 July But profits narrowed 75% from £3.6m to £0.9m Read more …
BUSINESS LIVE: Energy crisis bailout planned; Job vacancies hit 20-year high
BUSINESS LIVE: Government plans energy crisis bailout; UK job vacancies hit 20-year high; Oil prices continue to rise By Mike Sheen For This Is Money Published: 07:42 BST, 12 October 2021 | Updated: 08:21 BST, 12 October 2021 Prime Minister Read more …