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News

  • July 31, 2024

The £22bn black hole row: Who’s telling the truth?

Rachel Reeves and Jeremy Hunt are slinging accusations at each other about the state of the public finances. But who is right?

  • July 31, 2024

Magnificent Seven market concentration is a problem everywhere, not just on Wall Street

‘Market concentration’ is a phrase on the lips of a lot of the market right now, especially as the Magnificent Seven tech stocks continue to swell in size. The Magnificent Seven is made up of the

  • July 31, 2024

Boeing names ex-Rockwell Collins boss as successor to departing chief Calhoun

Former Rockwell Collins chief Kelly Ortberg joins the US planemaker during one of the most turbulent periods in its history.

  • July 31, 2024

Vinted mulls share sale that could value platform at £3.8bn

Vinted has reportedly contacted investors about a share sale which could value the company at as much as £3.9bn.

  • July 31, 2024

Eurozone inflation rises unexpectedly but September rate cut still on

Figures released today showed that prices rose 2.6 per cent in July, ahead of the 2.5 per cent expected by economists.

  • July 31, 2024

Pensions take another step towards private markets in Schroders Phoenix joint venture

Schroders and Phoenix Group have launched a new private markets manager, Future Growth Capital, with £1bn in backing. The new joint venture between the asset manager and pension giants is a significa

  • July 31, 2024

Rio Tinto chief rejects calls to drop London Stock Exchange listing to focus on Australia

The world's second biggest miner holds a dual-listing on the London and Sydney Stock Exchanges, but has faced calls from investors to prioritise Australia.

  • July 31, 2024

FTSE 100: BP, Shell and oil prices surge on assassination of Hamas leader in Iran

The FTSE 100 jumped over a hundred points on Wednesday morning, after the assassinations of two Hamas and Hezbollah leaders caused the index’s energy and commodities constituents to surge. Shares in

  • July 31, 2024

Rachel Reeves: ‘I think we will have to increase taxes’

Speaking on the News Agents podcast, Rachel Reeves said "I think we will have to increase taxes in the Budget".

  • July 31, 2024

Wickes: Brits still holding back on big-ticket items as DIY goods preferred

Wickes reported a mixed set of results for the half of the year, with consumers still unwilling to spend on big-ticket items but happy to buy DIY retail goods. Overall group sales fell by 3.4 per cent

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    FINANCIAL ACADEMY

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