For the first time in what seems like forever, UK gross domestic product (GDP) grew at a very respectable clip in the first quarter of the year. GDP expanded by …
May 2024
Martin Sorrell’s S4Capital places hope in AI as revenue slumps across the board
S4Capital, the digital advertising, marketing and technology services company founded by Sir Martin Sorrell, has reported another slowdown in revenue amid continued client caution in the advertising market. For the …
IAG: British Airways owner’s profit takes off ahead of bumper summer
British Airways’ owner the IAG has said it is “well-positioned” for another busy summer, as first-quarter profit jumped sevenfold. The airline conglomerate, which also owners Aer Lingus, Iberia and Vueling, …
CRH: Building firm unveils fresh £239m buyback as profit rises
Irish building materials firm CRH has unveiled a fresh buyback to reward investors following a rise in profit at the start of 2024. CRH has bought back around $600m (£479m) …
Rio Tinto had considered a bid for BHP-target Anglo American
Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP’s $39bn (£31bn) takeover target, the Australian Financial Review reported on Friday. Rio “management …
Crypto becomes US election talking point as Trump and Biden share their stance on the industry
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. “The enemy …
Ollie Phillips: Premiership top four play-off predictions
The next two weeks of Premiership action will decide who makes the end of season play-offs. Eight of the 10 teams can still make the top four, and most of …
Recession over as UK economy grows faster than expected in first quarter
The UK has powered its way out of last year’s recession, new figures show, after the economy grew much faster than expected in March. According to figures from the Office …
FTSE 100 today: London markets set to extend bull run on renewed global rate cut optimism
Moving markets today: Asian stocks rally in sync with Wall Street surge, oil and gold prices soar; Roblox stock plummets; UK Q1 GDP data eyes The S&P 500 index surged …
Private sector financing for London police fraud units spotlights budget pressures
A series of funding deals between private entities and City of London Police to help fight fraud highlights the ongoing funding pressures faced by the police force, experts have said. …