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Latest News
14 Oct
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Bitcoin rises again after testing support, buoyed by ETF

Bitcoin rises again on Thursday, after testing levels close to its support of $53,000 -its previous resistance- and encouraged by the news coming from the US Securities and Exchange Commission (SEC) regarding the expected approval of the cryptocurrency's exchange-traded fund (ETF). With the leader of digital assets above $58,000 again, the green prevails in the 'altcoins', with rises also for Ethereum, which is back above $3,600, while the rest of the tokens have more moderate rises.

14 Oct
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Dunelm Q1 sales rise on summer sales but sees supply, cost pressure

Homewares retailer Dunelm reported a rise in first quarter sales, but cautioned that supply-chain and inflationary pressures made the future outlook uncertain as it maintained full-year guidance.

14 Oct
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Asia report: Markets mostly higher, producer prices surge in China

Markets in Asia closed mostly higher on Thursday, although bourses in China were mixed, as investors digested the latest inflation data out of the People’s Republic.

14 Oct
MyCelx Technologies secures second 'significant' Middle East contract win this year

Clean water and air technology company MyCelx Technologies said on Thursday that it had secured its second "significant contract win" in the Middle East this year.

14 Oct
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Marshall Motor buys Motorline for £64.5m

Automotive retail group Marshall Motor has announced the acquisition of Motorline for £64. 5m in cash.

14 Oct
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Ideagen disposes of Pentana Compliance business for $21.3m in cash

Software firm Ideagen said on Thursday that it had signed an agreement to sell its Pentana Compliance business unit to StarCompliance.

14 Oct
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Ashmore AUM slips in Q1

Asset manager Ashmore Group said on Thursday that assets under management slipped in the three months ended 30 September.

14 Oct
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Rathbone Brothers sees rise in funds under management

Wealth manager Rathbone Brothers reported a rise in funds under management and administration in the first nine months of 2021, with positive net organic inflows in the third quarter.

14 Oct
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Big Yellow increases debt facilities by £100m

Big Yellow Group announced a £100m increase in its loan facilities with Aviva and M&G on Tuesday, securing an additional £50m, seven-year debt facility with Aviva.

14 Oct
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London open: Stocks rise as inflation concerns ease

London stocks rose in early trade on Thursday as concerns about inflation eased.

14 Oct
Victrex sells Magma Global to TechnipFMC

High-performance polymers supplier Victrex said on Thursday that it had disposed of its equity interest in Magma Global to TechnipFMC.

14 Oct
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National Express moves closer to pre-pandemic revenue levels

National Express reported a “sequential improvement” in performance in the third quarter on Thursday, with revenue up to 83% of the equivalent period ore-pandemic in 2019 on a constant currency basis, compared to 76% in in the second quarter.

14 Oct
Quilter chairman Glyn Jones to retire

Wealth management company Quilter revealed on Thursday that chairman Glyn Jones had indicated his intention to retire from the role as soon as a successor has been put in place.

14 Oct
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Discoverie order book continues to grow in H1

Customised electronics firm Discoverie said on Thursday that strong order growth seen at the tail end of last financial year had carried on in the six months ended 30 September.

14 Oct
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Recruiter Hays posts jump in Q3 net fees

Recruiter Hays posted a rise in first-quarter net fees on Thursday, highlighting good growth in all regions.

14 Oct
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Domino's to create 8,000 jobs; Q3 sales rise

Domino's Pizza reported a jump in third-quarter sales on Thursday as it announced plans to create 8,000 jobs.

14 Oct
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London pre-open: Stocks seen higher as inflation remains in focus

London stocks were set to rise at the open on Thursday following a mostly positive session on Wall Street.

14 Oct
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Grainger sees surge in lettings in H2 as occupancy hits 94%

Private property rental company Grainger reported a rebound in performance in the second half of its fiscal year, with lettings at 94% as Covid restrictions were lifted.

14 Oct
Thursday newspaper round-up: Business rates, air fares, house prices

The owner of the UK’s biggest poultry supplier has warned that the cost of chicken is expected to rise by more than 10%, adding that food in Britain is “too cheap. ” In a strongly worded intervention, Ranjit Singh Boparan, the owner of Bernard Matthews and 2 Sisters Food Group, called for a “reset” on pricing to reflect the true cost of producing food. “How can it be right that a whole chicken costs less than a pint of beer? You’re looking at a different world where the shopper pays more,” he said on Wednesday.