Only five UK retailers issued profit warnings in first leg of 2023, but experts warn of challenges April 24, 2023 Only five UK retailers raised concerns about their profits in the first leg of 2023. However, the sector has warned that challenges remain for shops and the high street. According to data by accountancy firm EY, the number of profit warnings issued by retailers fell by 44 per cent in quarter one compared to the [...]
Household bills should reflect lower costs of renewables sooner, Ovo boss tells government April 24, 2023 Ovo Energy has urged the government to speed up plans to separate electricity prices from gas prices to drive down bills.
Revolut shareholder slashes firm’s value by nearly half as investors sour on tech April 24, 2023 Revolut’s value has plunged by nearly half over the past year according to one of its shareholders, as investors reconsider the hefty price tags attached to tech and fintech firms during a 2021 funding frenzy. Schroders Global Innovation Trust, a long-time Revolut investor, revealed in a regulatory filing last week that it had written down [...]
THG shares soar 10 per cent as investors cheer the appointment of BAT’s Farr April 24, 2023 Shares in THG soared 10 per cent after the beleaguered e-commerce platform drafted in a director of British American Tobacco to help take it private. Sue Farr, the senior independent director (SID) of BAT sits on the board of a number of FTSE 100 companies including used car dealership Lookers and real estate company Helical. [...]
BP: Activist investor urges toughening up of climate agenda – as pressure builds on energy giant’s chair April 24, 2023 Follow This has urged investors to back its proposals to toughen BP's climate agenda amid intense pressure on its chairman Helge Lund.
Investors look for new consolidation levels as crypto ‘Fear and Greed’ index hovers in Neutral April 24, 2023 Bitcoin, the flagship cryptocurrency, is trading below $28,000 while the price of Ethereum sits just above $1,800 this morning.
How your firm can deliver the Sustainable Development Goals April 24, 2023 | Sponsored The United Nations unveiled the Sustainable Develop Goals as a roadmap to a greener, fairer future – but that plan is in danger of losing its way. “Our progress towards the Sustainable Development Goals (SDGs) has faltered and even gone into reverse on some important targets,” warned UN Deputy Secretary-General Amina Mohammed in March. Companies [...]
Would You Become A Salary Nomad For More Money? April 24, 2023 | Sponsored Coronavirus changed many things for many people, and the way that we work was perhaps the most impacted. And the digital nomad, an employment trend that had previously been slightly scornfully reserved for a type of gig economy worker, became a legitimate alternative to the traditional 9-5. While the term has been in use since [...]
Glencore’s Teck takeover saga shows coal is just too hot to handle April 24, 2023 Glencore's struggles to win over Teck's shareholders suggest that coal might be too hot for climate-focused investors to accept.
Why Turkey’s south western beaches are taking flight this spring April 24, 2023 Ancient sites and untouched beaches: Angelina Villa- Clarke on a fab corner of Turkey’s Turquoise Riviera In the abandoned town of Kayakoy, the streets are dusty and thyme grows tall and wild, scenting the air with a sweet piquancy. Derelict houses have gaping windows; ancient churches are in ruins, their frescoes faded and mosaics crumbling. [...]