UK firms have backed Labour with a 14-point lead over the Conservatives on the question of which party is best for business. Research by pollsters at Savanta asked 1,005 companies …
AIM: Another firm bails out of listed status due to £250,000 admin costs
Scirocco Energy, an AIM-listed investing company focussed on green energy, is set to cancel its listing in favour of the “flexibility” of private ownership. Bosses said this morning that the …
Liontrust continues to struggle with investor outflows despite positive fund returns
Investors continued to pull money from Liontrust’s funds in the first quarter of 2024. In a trading update issued this morning, the asset manager said it had recorded £1.2bn in …
Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent
Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan. The digital pure-play said adjusted revenue declined by …
Entain: Ladbrokes owner’s revenues hit by gambling regulations
Ladbrokes owner Entain has said the continued impact of betting regulations caused its net gaming revenue in the UK and Ireland to fall seven per cent in the first three …
De La Rue: Struggling British banknote maker reassures market it’s on track to hit profit target
Struggling banknote maker De La Rue has tried to reassure the market that it’s on track to hit its profit target for the year after a string of profit warnings …
Just Eat: Brits continue to scoff takeaways but other nations lose their appetite
Only Brits ordered more takeaway from Just Eat in the first three months of 2024, compared to the same period last year, while every other region scoffed fewer pizzas and …
Chancellor Jeremy Hunt: Conservatives will cut taxes again in autumn ‘if we can’
Chancellor Jeremy Hunt said the Conservatives would cut taxes again “if we can” in an attempt to boost growth and bolster the party’s flagging electoral prospects. Speaking to the FT, …
OKX launches its Base rival “X Layer”
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. Last cycle, …
March inflation comes in higher than expected at 3.2 per cent
Inflation continued its descent in March, but did not fall as far as economists had expected, as the Bank of England considers its next move in interest rates. According to …