rate setter

UK businesses turning to alternative finance as Brexit tightens credit conditions

UK businesses are turning to alternative finance to seek funding for expansion, as credit conditions tighten in the face of Brexit uncertainty. With the UK...
dailymail

Daily Mail shares plunge after 76pc fall in profits

Daily Mail & General Trust (LON:DMGT) shares plummeted on Thursday, after the group reported a 76 percent fall in pre-tax profit for the first...
pets at home

Pets at Home report positive results aided by move into vet services

Pets at Home (LON:PETS) reported stronger than anticipated figures on Thursday, posting a 1.5 per cent rise in like-for-like sales growth thanks to its...
threat

U.K threat level raised to “critical” for first time in a decade

The U.K terror threat level has been raised to "critical" for the first time in more than a decade, in the wake of the...
Funding Circle

Funding Circle gains FCA approval, founder Samir Desai steps down from Funding Circle SME...

The founder of p2p lending site Funding Circle has announced his decision to step down from the listed Funding Circle SME Income Fund, after...
Zoopla

Zoopla revenue at record high, but acquisition costs dampen profits

Property evaluation platform Zoopla (LON:ZPG) revenue reaches record highs, but higher costs relating to acquisitions affected profit margins. House-hunting platform Zoopla, which recently rebranded as...
sea singapore

Singapore’s largest startup Sea considers IPO in the US

Southeast Asian start-up Sea has reportedly filed for an initial public offering in the US aimed at raising $1 billion, according to Bloomberg reports on Tuesday. Sea,...
Jaguar Land Rover

Jaguar Land Rover enjoy record sales

Tata Motor (NYSE:TTM) owned Jaguar Land Rover posted record sales for the year on Wednesday, boosted by strong performance in both China and the U.S. The luxury...
Ikea

Ikea names new chief executive

Swedish furniture and homeware giant Ikea have announced Jesper Brodin as its new chief executive. Mr Brodin currently heads Ikea in Sweden, and is set to...
trump pope

Donald Trump meets with Pope Francis on visit to the Vatican

Donald Trump met with Pope Francis at the Vatican on Tuesday, as part of the third leg of the US President's overseas trip. Trump arrived...
Marks & Spencer

Marks & Spencer annual profits plunge by 64 percent

Marks & Spencer (LON:MKS) profits tumbled by almost two thirds in the year to April 1st, as its struggling clothing division continued to drag...
dixons carphone

Dixons Carphone shares rise on strong performance in Southern Europe

Electrical retailer Dixons Carphone (LON:DC) saw shares rise nearly 5 percent on Wednesday, after an update to the markets showed impressive figures against a...
china

Moody’s downgrades Chinese credit rating for first time in 30 years

Ratings agency Moody's have downgraded China's credit score for the first time in nearly 30 years, in the latest sign that the world's second...
kingfisher

B&Q owner sees shares plunge on weak international demand

Home improvement retail group Kingfisher (LON:KGF) reported a weaker-than-expected set of first quarter results, with flagging international demand offsetting a stronger performance in the...
apple

Apple patents innovative pizza box that prevents soggy crusts

Technology giant Apple (NASDAQ:AAPL) have patented a design for a revolutionary round pizza box, with the all-important intention of preventing a soggy crust. The special...
Greatland Gold

Greatland Gold extend strike at Bromus project after positive start

Metal exploration company Greatland Gold (LON:GGP) have announced the decision to extend the strike at its Bromus project in southern Western Australia, after finding silver, zinc...
borrowing

Government borrowing soared in April but met expectations for full year

Government borrowing soared to its highest level for three years in April, despite beating forecasts and cutting annual public borrowing by more than initially...
topps tiles

Topps Tiles shares sink as “challenging environment” hits

Shares in tile retailer Topps Tiles (LON:TPT) sunk over 5 percent on Tuesday, after the group said a more "challenging" environment would mean pre-tax...
church of england

Church of England posts enviable 17pc return on investments for 2016

The Church of England made an impressive return on its investments in 2016, smashing targets to become the envy of many of the City's fund...

Huntsman & Clariant announce $20bn merger

The US's Huntsman Corporation (NYSE:HUN) and Clariant (VTX:CLN), from Switzerland, have announced a $20 billion merger after years of tentative mutual approaches. The proposed merger will create a chemical...