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The stock is trading at a beaten-down level, and there's a transformation plan starting to get underway.
(Reuters) -Britain's midcap stock index slumped to a 10-month low on Monday as rising concerns over Russia and Ukraine rattled global equities, while reports of dealmaking activity helped Unilever and Vodafone outperform. The domestically focused mid-cap index tumbled 3.6% to its lowest since March 2021, while the blue-chip FTSE 100 index fell 2.6% to a one-month low. Most sectors were in the red, as the tension between Russia and the West, along with anticipation of major central bank meetings this week prompted losses across global markets.
This Fool explains why he thinks this FTSE 250 stock has the potential to rise 100% in 2022 as it pushes forward with growth plans. The post 1 FTSE 250 stock that could double my money in 2022 appeared first on The Motley Fool UK.
In this week’s newsletter: whatever reservations we have about the merger, it’s a chance to bring meaningful, positive change for the people who actually make games
Aviva Investors says voting at AGMs will be influenced by policies on climate, human rights, biodiversity and executive pay
Germany's economy likely shrank in the fourth quarter as manufacturing remained constrained by supply bottlenecks and consumption dropped on renewed coronavirus fears, the Bundesbank said in a monthly report on Monday. Growth in Europe's biggest economy stalled in the autumn as supply shortages and shipping bottlenecks held back its vast industrial sector, even as consumption held up relatively well. But household consumption also took a hit late in the year over fears about the Omicron variant, which forced businesses to bring back restrictions on activity.
When Restaurant Sat Bains, the two-Michelin-starred dining room by the banks of the Trent in Nottingham, reopens on 26 January, a full refurbishment will not be the only radical change. Any diners who wish to admire the new conservatory, reduced number of covers and more widely spaced tables by daylight will have to come for lunch on Saturday, for Bains has consigned the weekday lunch service to the compost heap of history.
UK borrowing figures heap pressure on Sunak to ditch national insurance hike. Latest public finance data shows government borrowing £13bn less this year than forecast in October budget
The firm has already signed a partnership with Covid vaccine developer BioNTech to build an early-warning system for spotting new Covid variants.
Robot completes hour-long hike in Alps in duration recommended for human hikers
Royal Mail faces a clash with union bosses over plans to cull management bureaucracy and red tape that has blighted the postal monopoly since its privatisation almost a decade ago.
Chef’s business partner says payments were held up as company waited to receive Covid support grants
PARIS (Reuters) -Remy Cointreau is confident demand for its premium cognac in China, the United States and Europe will underpin profit growth this year after the French spirits group beat third-quarter sales forecasts. The maker of Remy Martin cognac and Cointreau liquor was slightly more cautious, however, on prospects for Chinese New Year celebrations next month due to COVID restrictions, and its shares reversed earlier gains to trade down 1.6% by midday. Remy is banking on its Club cognac in particular to win market share in China, he added.
The Bank of England will decide next week whether to raise interest rates for the second time in less than two months, as it wrestles with sharply rising inflation, which hit its highest in nearly 30 years in December. Few BoE policymakers have spoken publicly since the Monetary Policy Committee announced on Dec. 16 that it was raising interest rates to 0.25% from 0.1%. "I don't want to suggest that ... were we to consider it necessary, we don't have to take any action in terms of the Bank of England's action on interest rates."
Activists say the high-speed rail link will cause ‘immense and irreversible destruction to the environment during a climate and ecological emergency’.
Car giant Volkswagen and parts supplier Bosch have embarked on an "extensive partnership" to bring automated driving to the mass market by next year, the German companies said on Tuesday.
The limited-edition new burger will go on sale on February 2.
WASHINGTON (Reuters) -Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc's Google on Monday over what they called deceptive location-tracking practices that invade users’ privacy. "Google falsely led consumers to believe that changing their account and device settings would allow customers to protect their privacy and control what personal data the company could access," Washington, D.C., Attorney General Karl Racine's office said in a statement. Yet Google "continues to systematically surveil customers and profit from customer data," the statement said, calling the practice "a clear violation of consumers’ privacy."
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Our writer has been applying the Warren Buffett method to identify cheap UK shares he could buy for his portfolio. Here he discusses three of them. The post I’m using the Warren Buffett method to find cheap UK shares appeared first on The Motley Fool UK.
The UK is on track to import an unprecedented amount of liquified natural gas this month amid a scramble for supplies as fears grow over a Russian invasion of Ukraine.