Browsing Category
ECONOMY
Adidas shares dash forward because of early demand for World Cup soccer merchandise
Adidas shares have sprinted ahead as it said its profits and sales have been boosted by early demand for World Cup football products.Building excitement for the FIFA tournament has resulted in sales rising 14pc to £5.7billion over the first…
Big pharma can enhance Britain: Labour should not let our flagship companies drift away, says RUTH…
One area where the UK still performs well on an international stage is pharmaceuticals, led by AstraZeneca and GSK, both of which reported their first-quarter results yesterday.The Labour government recognises this, or at least pays lip…
UK outlook slashed as oil and gilt yields soar on Iran turmoil: Lloyds warns of stagflation as…
Lloyds slashed its UK economic forecasts yesterday as a fresh surge in oil prices and borrowing costs, as well as a stock market sell-off, deepened gloom caused by the Iran war.The country’s largest domestic lender warned that the…
Jerome Powell defies Trump as he insists he has ‘no alternative’ however to remain on on…
Outgoing US Federal Reserve chief Jerome Powell last night insisted he had ‘no choice’ but to stay on at the central bank – in a final act of defiance against Donald Trump.Powell delivered his final interest rate decision as chairman but…
Corks popping at Chapel Down after English wine maker bought 1m bottles of fizz for first time final…
Kent firm Chapel Down sold more than 1m bottles of sparkling wine for the first time last year and is aiming to hold 1pc of the global champagne market by 2035.Its sales are now equivalent to around 0.4 per cent of market share. Boss…
Astra invests £300m in Britain after authorities agrees to spend extra on medicines
AstraZeneca has announced investments worth £300million in Britain after the Government agreed to spend more on medicines.It marks a partial U-turn after the drugs giant, which is the UK’s largest listed company, resumed plans to spend…
VW and Mercedes problem City watchdog’s £9bn motor finance compensation scheme
Volkswagen and Mercedes-Benz have launched legal challenges to the City watchdog’s £9billion compensation scheme for victims of car finance mis-selling.Volkswagen said it had identified issues that ‘require independent clarification’ and…
Government cuts last-minute deal to cross landmark pension legislation with controversial new…
The Pensions Schemes Bill has passed into law after last-minute concessions limiting new government powers to force investment decisions on pension schemes.The broad aim of the new law is to boost individual people's pensions and economic…
Last probability for cashback – trio of offers from high investing platforms shut tomorrow
Products featured in this article are independently selected by This is Money's specialist journalists. If you open an account using links which have an asterisk, This is Money will earn an affiliate commission. We do not allow this to…
The swankiest Range Rover ever: It prices effectively over £200k – however you’ll be…
JLR has just unveiled its more luxurious and exquisite Range Rover ever. But you can only buy one if the British car maker says you can.The Range Rover SV Ultra is its most exclusive model to date. Why? Because sales are by invite…
