Posts from August 1, 2024

Next weathers the storm with strong sales performance

Next Reports Better-Than-Expected Sales and Raises Profits Forecast Despite Wet Start to Summer Clothing chain Next has announced strong sales and increased its profit guidance for the year, despite a damp[…]

£85m funding deal secured by parcel delivery group Yodel

Parcel delivery group Yodel, which was previously owned by the Barclay family, will announce an £85m funding package this week to secure its future. The new financing, provided by London-listed company[…]

How the Market’s Response to the Interest Rate Cut Causes a Political Dilemma for the New Chancellor

Today, the Bank of England made the decision to cut interest rates, resulting in a notable market reaction. As expected, the British pound decreased in value against both the US dollar[…]

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