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23 Sep
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Cash-strapped shoppers boost profits at TheWorks

Shares in TheWorks. co. uk surged on Friday, after the budget retailer posted a significant jump in annual sales and profits.

23 Sep
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Europe midday: Stocks under pressure as bond yields grind higher

European stocks were trading sharply lower come midday on Friday following recent tightening moves by central banks around the world, with Credit Suisse sharply lower.

23 Sep
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Chancellor slashes taxes in bid to boost growth

Newly-appointed chancellor Kwasi Kwarteng unveiled his plans to boost economic growth on Friday, including axing the cap on bankers’ bonuses, abolishing the highest rate of income tax and permanently increasing the stamp duty threshold.

23 Sep
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In The Style makes progress with turnaround plan

Womens’ fashion brand In The Style updated the market on its ‘re-engineering’ turnaround plan on Friday, as it worked to increase its profitability and manage its cash position.

23 Sep
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London midday: FTSE slumps, government bonds hammered after mini-budget

London stocks were sharply lower by midday on Monday, sterling hit a fresh 37-year low against the dollar and gilt yields surged after Chancellor Kwasi Kwarteng announced a swathe of tax cuts, the likes of which have not been seen since Thatcher was in Number 10.

23 Sep
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Asia report: Markets fall further after week of rate hikes

Stock markets were in the red across the board in Asia again on Friday, with Australia’s bourse putting in a particularly poor performance on return from a holiday.

23 Sep
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Retail sales slide in September - CBI

Retail sales fell sharply in September, a closely-watched industry survey showed on Friday, reversing a brief return to growth seen over the summer.

23 Sep
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ScS taps John Walden as its next board chair

Furniture and flooring retailer ScS announced on Friday that John Walden would join its board as an independent non-executive director from 1 March next year.

23 Sep
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Berenberg raises target price on MJ Gleeson

Analysts at Berenberg raised their target price on construction firm MJ Gleeson from 680. 0p to 710. 0p on Friday, stating the group was "well positioned" for the new trading year following its 2022 full-year results.

23 Sep
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Burberry CFO Julie Brown to step down next year

Luxury fashion brand Burberry said on Friday that Julie Brown plans to step down as chief operating and financial officer in April 2023 after six years.

23 Sep
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UK business activity declines amid cost pressures, waning demand

UK business activity fell in September at the fastest rate since January 2021, as cost pressures and waning demand took their toll, according to a survey released on Friday.

23 Sep
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Eurozone manufacturing PMI falls in September

S&P Global's Eurozone manufacturing purchasing managers' index fell to 48. 5 in September from 49. 6 a month earlier, according to preliminary estimates.

23 Sep
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De La Rue secures 5-year extension to Australian passport contract

De La Rue said on Friday that it has entered into a five-year extension of its contract with Note Printing Australia (NPA) for the sole-source supply of polycarbonate data pages for Australian passports.

23 Sep
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Shares plunge as hoists 'for sale' sign

Shares in Made. com plunged on Friday, after the beleaguered online furniture retailer put itself up for sale in the face of sliding revenues and mounting costs.

23 Sep
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Amigo Holdings CEO stands down

Credit provider Amigo Holdings revealed on Friday that chief executive Gary Jennison will stand down from the role and be released by chief financial officer Danny Malone.

23 Sep
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Revolution Beauty warns on profits, announces independent investigation

Revolution Beauty issued a profit warning on Friday as it said it has appointed independent advisors to carry out an investigation after it failed to complete its full-year audit in time.

23 Sep
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Credit Suisse sounding out investors for fresh cash - report

Credit Suisse tumbled on Friday following a report the bank is sounding out investors for fresh cash.

23 Sep
Europe open: Stocks fall as investors mull central bank moves; Credit Suisse tumbles

European stocks fell in early trade on Friday as investors continued to mull recent moves by central banks, with Credit Suisse sharply lower.

23 Sep
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London open: Stocks little changed ahead of mini-budget

London stocks were little changed in early trade on Friday as investors eyed the mini-budget, with Chancellor Kwasi Kwarteng set to announce the biggest tax cuts since Margaret Thatcher was in No 10 Downing Street.

23 Sep
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Smiths Group FY pre-tax profits surge

Engineering company Smiths Group said on Friday that full-year organic revenues and pre-tax profits had grown ahead of expectations amid "high demand" across the majority of its end markets.