By JON HOPKINS Updated: 10:33 GMT, 7 December 2024 Quiz was in the hot seat with investors yesterday after it became the latest to reveal tough trading – warning that it may need further funding. Shares in AIM-listed fashion retailer Quiz plunged 43.2 per cent, or 2.3p, to 3.04p after it said both online and…
By CITY & FINANCE REPORTER Updated: 10:32 GMT, 7 December 2024 Germany was dealt a fresh blow yesterday as industrial production shrank in October, fuelling fears of a winter recession in Europe’s biggest economy. Official figures showed that industrial production unexpectedly fell 1 per cent compared to the previous month. Declines in the energy and…
By GEOFF HO Updated: 23:31 GMT, 6 December 2024 Unemployment in the US rose unexpectedly to 4.2 per cent last month, which paves the way for the Federal Reserve to cut interest rates before Christmas. The increase from 4.1 per cent gives the country’s central bank leeway to cut, even though overall job numbers were…
By ALEX BRUMMER Updated: 23:30 GMT, 6 December 2024 Finger on the pulse?: Ed Miliband Until now, Ed Miliband largely has been silent on new nuclear. Addressing nuke industry bigwigs this week, the Energy Secretary declared that ‘nuclear offers huge opportunities for our clean energy mission’. All that is splendid. However, the snail’s pace of British…
Descrease article font size Increase article font size Finance Minister Chrystia Freeland says she will deliver a fall economic statement sometime this year as the clock ticks down on the remaining days in the House of Commons for 2024. Freeland, who is also the Liberal government’s deputy prime minister, made the pledge in Toronto after…
By GEOFF HO Updated: 18:56 GMT, 6 December 2024 Bitcoin topped $100,000 for the first time yesterday and is tipped to rocket to $120,000 early next year following Donald Trump’s election victory in the US. The cryptocurrency has soared since the election on hopes he will follow through with his campaign promise to make the…
Updated: 07:40 GMT, 6 December 2024 There was some good reading for shareholders of Marie Claire publisher Future, with news of a return to growth and plans for a £55million share buyback. The firm, which also owns price comparison website GoCompare, expressed confidence in meeting market expectations for the current financial year, even though profit…
Gregg Wallace’s jibe at middle-class women of a certain age will not be forgotten, despite the MasterChef presenter’s efforts to row back. Aside from the offence caused, it shows a profound ignorance by a celebratory TV host who drools over sweet desserts and over-seasoned lamb dishes, but doesn’t understand what is going on outside kitchen…
Taylor Swift, the most-streamed artist on Spotify for the second year in a row, released a project recently that disappointed some eagle-eyed fans. Last week, Swift’s $39.99 coffee table read “The Eras Tour Book” went on sale, highlighting the superstar’s record-breaking Eras tour, which was the first ever to gross over $1 billion. The 256-page…
Frasers expects its adjusted pre-tax profits to be £550m-£600m this fiscal year The firm also revealed its first-half operating profits fell by 10.5% to £266.8m By HARRY WISE Updated: 14:22 GMT, 5 December 2024 Frasers shares tumbled on Thursday as the Sports Direct owner lowered its profit guidance and the retail giant prepared for relegation out…
