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Morning Wire Content

  • Bitcoin’s slide halted as crypto markets settle

    October 13, 2023

    Bitcoin remains virtually unmoved overnight and into this morning, trading for $26,760 - a notch below key support levels above $27k.

  • National Express owner Mobico has hit the brakes – so what’s going on with its share price?

    October 12, 2023

    Mobico shares have spiralled near 30 per cent today as analysts question its push into international markets.

  • Amazon Prime Big Deal Days sees shoppers trim spending

    October 12, 2023

    Protein shakes did well during Amazon's 'Prime Big Deal Days' event but analysts warn shoppers are tiring of discount days.

  • Easyjet, Ryanair and Wizz Air: Have carriers reached the summit of a record rebound?

    October 12, 2023

    Airlines have posted record profits throughout the year on soaring demand, but is this peak to be followed by a trough?

  • Ikea promises to cut furniture prices as costs start to ease

    October 12, 2023

    Ikea has promised to pass on cost savings to customers by cutting prices over the next year as pressures in its supply chain start to ease. The company said that it has a “clear intention” to reduce prices this financial year, ending next August and will launch a sale at Easter for the first time. “Despite [...]

  • Boots sales soar 11.7 per cent as stalwart weathers economic storm

    October 12, 2023

    High street chemist Boots revealed an 11.7 per cent  hike in sales on a year-on -year basis during the fourth quarter, as the firm was bolstered by demand for skin care products and luxury beauty items.  The British-born company – which has long been under the ownership of US firm Walgreens – said that skincare [...]

  • Recruiters’ results reflect fears for jobs market

    October 12, 2023

    Uncertainty about the economy continues to rock the jobs market as three FTSE 250-listed recruiters reported reduced fees and earnings this week. Hays gave an update today on its first quarter that ended on 30 September, showing a decline in net fees of 11 per cent in the UK, against a 7 per cent fall [...]

  • Oxford St lights up a Christmas of sustainability — and giving

    October 12, 2023

    Oxford Street will be wishing West End shoppers a merry sustainable Christmas again this year. Come 2 November, nearly 300,000 LED lights will be switched on, saving 75 per cent more energy than regular light bulbs, and with the displays made from recycled polymer. And like last year, the lighting will be kept on a [...]

  • Birkenstock share price slides 12 per cent in disappointing debut

    October 12, 2023

    Birkenstock ended its first day of trade as a listed company down 12 per cent, making the frumpy shoes’ highly anticipated debut to the US stock market the worst stock market float in two years, analysts claim.  Shares in the German sandal maker started trading at $41 (£33) a share, below its IPO price of [...]

  • Bitcoin’s support level above $27,000 crumbles

    October 12, 2023

    Bitcoin is trading below $27k, dipping as low as $26,500 before gaining some ground earlier this morning to trade at $26,730.

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