News And Announcements
Busier evenings drive UK retail footfall - Springboard
Busier evenings helped UK retail footfall increase in the week after the reopening of indoor dining from the Covid-19 lockdown, a survey showed.
HSBC boss unconvinced about 'volatile' Bitcoin
The turmoil surrounding Bitcoin intensified on Monday after HSBC said it had no plans to start offering the cryptocurrency to investors.
UK businesses could gain 'great prizes' in road to decarbonisation
British businesses have the opportunity to create 240,000 low-carbon jobs and boost green exports by billions of pounds in their road to decarbonisation and meeting climate targets over the next decade.
G7 close to deal on tax of multinationals - FT
The Group of Seven major economies are close to agreement on a corporate tax of multinational companies, paving the way for a global deal later in the year, the Financial Times reported on Monday.
Eurozone business activity grows at fastest pace in more than 3 years
Eurozone business activity grew at its fastest pace in more than three years in May as coronavirus restrictions in many parts of the region were lifted, according to figures released on Friday.
UK business growth surges to two-decade high
UK business output rose at the fastest pace for more than two decades in May as the economy reopened and confidence strengthened, a survey showed.
Retail sales surge in April as non-essential shops reopen
UK retail sales surged in April as non-essential stores reopened, according to figures released on Friday by the Office for National Statistics.
GfK's consumer confidence index jumps six points in May
The relaxing of certain Covid-19 related restrictions has boosted consumer sentiment across the UK as GfK's long-running consumer confidence index has now regained all the ground lost as a result of the pandemic.
Credit Suisse ups Continental European equities to 'outperform'
Credit Suisse upgraded its stance on Continental European equities on Thursday to ‘overweight’ from ‘benchmark’, pointing to a catch-up in economic growth, valuation and excess liquidity, among other things.
Trainline shares derailed as UK govt unveils plans for rival app
Trainline shares plunged by almost a third on Thursday after the UK government unveiled plans to set up a rival ticketing app.
UK factory output rebounds but price pressures intensify - CBI
UK factory output showed its first material growth in almost two years as the economy recovered but supply shortages and cost pressures pointed towards future price increases, a CBI survey showed.
UK government open to trade deal that removes tariffs on food
UK Prime Minister Boris Johnson said the country was open to a trade deal with Australia that would remove tariffs on food imports.
Dunelm sees annual profit 'significantly' ahead of market views
Homeware retailer Dunelm said on Wednesday that annual pre-tax profit is set to be "significantly" ahead of analysts’ expectations following a strong performance in the five weeks since reopening.
UK house prices rise at fastest rate in over 13 years
The UK housing market continued to boom in March, official data showed on Wednesday, after house prices rose at their fastest pace since mid 2007.
Eurozone inflation rises as energy costs jump
Inflation in the eurozone rose to 1. 6% as expected in April as energy prices rose, official figures showed.
UK inflation rate more than doubles in April
UK inflation hit its highest level in more than a year in April amid higher household utility bills and clothes prices, according to figures released on Wednesday by the Office for National Statistics.
Fund managers 'unambiguously' bullish says BofA, Bitcoin in a bubble
Global fund managers were "unambiguously" 'bullish' in May although there was a "hint" of defensiveness in the air, said equity strategists at Bank of America.
French government leads bail-out of Eurostar operator
Cross-channel passenger train operator Eurostar International has been bailed out, it was revealed on Tuesday, after the French government led a consortium of banks and shareholders in securing a £250m refinancing package for the company.
Sterling trades above $1.42 after UK jobs data
Sterling traded above $1. 42 on Tuesday for the first time since February, boosted by better-than-expected UK jobs data.
Electric scooter rentals to launch in London in June
Lime, Tier and Dott are set to run e-scooter trials in London in June this year after the city’s transport regulators said Tuesday that electric kick scooters would be allowed to drive around the capital.