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News

  • July 31, 2024

Metro Bank share price soars after lender reports its on track for profitability later this year

Metro Bank expects to return to profitability in the final quarter of 2024 as the lender attempts to stage a recovery from a volatile year.

  • July 31, 2024

Taylor Wimpey: Housebuilder suffers dent to profit ahead of planning reform

Housebuilder Taylor Wimpey suffered a dent to revenue and profit in a set of half year results in which it hailed the new government's "recognition" of planning laws as being a "major barrier" to hous

  • July 31, 2024

Reach: Profit picks up at Mirror publisher despite falling revenue

The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.

  • July 31, 2024

Just Eat: Brits lead the way for takeaway giant as revenue dips

Brits willing to shell out cash on takeaways fuelled Just Eat in the first half of the year, but negative growth in north America and southern Europe led to a dip in revenue overall. Total revenue dro

  • July 31, 2024

Rio Tinto profit edges higher as miner eyes copper takeover

Rio Tinto's profit edged up 1.8 per cent during the first half of the year, as the miner has begun to eye a takeover in the copper space.

  • July 31, 2024

One year on, is the consumer duty helping or hindering the City?

Today, the consumer duty’s final deadline comes into force. The set of regulations implemented by the Financial Conduct Authority a year ago has finally been set in stone for so-called closed produc

  • July 31, 2024

GSK: Pharma giant raises guidance after second quarter sales give shot in the arm

London-listed pharma giant GSK has raised its guidance after a strong second quarter beat market expectations, boosted by its cancer and HIV portfolio. Total sales in the second quarter of 2024 reache

  • July 31, 2024

Rathbones profit skyrockets 120 per cent as Investec merger pays off

Rathbones Group's underlying profit before tax skyrocketed 120 per cent in the first half of the year, after its merger with Investec W&I.

  • July 31, 2024

HSBC unveils another £2.3bn buyback in CEO Quinn’s last results

HSBC announced yet another share buyback scheme and upped its guidance for the remainder of the year after beating expectations in the second quarter.

  • July 31, 2024

Crypto-Friendly Sygnum Bank Posts Record Profit and $4.5 Billion in Client Assets

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. Sygnum Bank has annou

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