British Pound Down But Paring Losses Vs Dollar As Market Looks to Fed
Sterling has benefitted from increased risk appetite, but its rise seems to be losing a bit of steam
Surprise German, EU Growth Buoys the Euro as Inflation Moderates
Largely positive German and EU growth data has the euro making up some lost ground, preparing the landscape for the highly anticipated ECB’s cut in June
Risk Sentiment Positive: VIX and Gold Move Lower, US Dollar Firms, Amazon’s Results Near
Risk assets continue to push ahead, albeit in quiet trading conditions, ahead of the latest Fed policy decision and the monthly US Jobs Report
Growth markets India and Thailand help Prudential keep up the momentum
Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.
Coca-Cola HBC hit by exchange rate headwinds despite sales growth
The bottling giant said revenue only grew by one per cent in the quarter, primarily due to foreign exchange turbulence, the company said.
Santander UK profit slides amid mortgage price war and rate cut expectations
Santander UK has reported a 29 per cent slump in profit as the boost from higher interest rates fades and a fiercely competitive mortgage market forces it to offer better deals to customers.
UK’s biggest Christmas cracker designer warns on ‘soft’ market
London-listed IG Design said it expects to deliver full year revenue of around $800m (£639m) for 2024, a 10 per cent drop on 2023.
Hargreaves Lansdown: Revenue boosted by UK investors going overseas
Overall, Hargreaves Lansdown reported net new business inflows of £1.6bn in the quarter, flat quarter-on-quarter.
Premier Inn owner Whitbread to cut 1,500 jobs amid shake-up of restaurant business
Hospitality giant Whitbread has reported record revenue but said some jobs at its F&B arm will be impacted as it looks to exit a number of locations.
Broadband challenger Telecom Plus looks set to take on the big boys
Telecom Plus grew its customer base by 14 per cent in the full year 2024, surpassing one million customers in the fourth quarter.