TOP NEWS: Currys swings to annual loss, declares no final dividend

Currys PLC said its profit was offset by poor Nordic performances in its financial report, with revenue down and the company pulling its final dividend.

Shares...

Thu, 06/07/2023 - 09:00


LONDON MARKET OPEN: Global stocks in red after hawkish US Fed minutes

Stocks in Europe started lower on Thursday, with the FTSE 100 falling for a fourth consecutive day following hawkish Federal Reserve Minutes.

The FTSE 100...

Thu, 06/07/2023 - 08:55


Man Group to acquire Vargon Capital Partners for $183 million

Man Group PLC said on Thursday that it has entered into an agreement to acquire a controlling interest in Varagon Capital Partners LP.

Man Group,...

Thu, 06/07/2023 - 08:37


Cutting oil and gas production would be ’dangerous’, warns Shell CEO

The chief executive officer of Shell PLC has warned that slashing oil and gas production now would be ‘dangerous and irresponsible’ and could see energy...

Thu, 06/07/2023 - 08:28


TOP NEWS: abrdn says 2023 outlook ‘subdued’ over market conditions

abrdn PLC on Thursday outlined its ambition to ‘build a leading position in the UK’s personal wealth market’, alongside some financial targets.

The Edinburgh-based investor and...

Thu, 06/07/2023 - 08:25


UK FCA to discuss savings rates concerns with bank chiefs

Bank chiefs are meeting Financial Conduct Authority officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

Bosses from...

Thu, 06/07/2023 - 06:19


UK FCA tells asset managers to get liquidity management ‘right’

The UK Financial Conduct Authority on Thursday said warned asset managers must control their liquidity levels better as a failure to do so could bring...

Thu, 06/07/2023 - 05:06


Should you overpay your mortgage or take advantage of 5.9% rates on cash?

The mortgage market is in a state of turmoil, as deals are being regularly withdrawn and replaced with contracts carrying more punitive interest rates.

This...

Thu, 06/07/2023 - 00:00


Rate shock: How are housebuilders, estate agents and property firms coping?

June’s larger-than-expected half percentage point interest rate rise has pushed the FTSE 100 index back into negative territory for the year and triggered fears of...

Thu, 06/07/2023 - 00:00


Why am I being offered a lot less to transfer from my defined benefit pension?

I have a couple of old defined benefit pensions from previous employers. These are deferred as I’m not yet at retirement age. I have noticed on my...

Thu, 06/07/2023 - 00:00


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