Stars who have passed in 2021.
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Stars who have passed in 2021.
Domestic politics did not hurt sentiment, although Prime Minister Boris Johnson was fighting to save his premiership amid a deepening revolt inside his party over a series of lockdown parties in Downing Street. "If anything, there is a risk of the BoE disappointing the market by acting less decisively" at its February meeting, Commerzbank analysts said, adding “a lot has already been priced in” in terms of future rate rises. “Unsurprisingly, political risk has not damaged GBP, where the focus remains squarely on whether the BoE hikes 25bp on February 3,” ING analysts said, adding they “continue to favour EUR/GBP drifting to the 0.8270/80 area.”
Fierce competition between banks is driving down mortgage interest rates, says the Financial Conduct Authority.
European Commission President Ursula von der Leyen said earlier this month she would try to unblock legislation for a quota of women on EU company boards, which has been stuck since 2012. The proposal calls for listed companies in the bloc to fill at least 40% of non-executive board seats with women. Female representation at board level rose by one percentage point to 35% in 2021 after a similar rise a year earlier, according to the study by Brussels-based association European Women on Boards (EWOB), which analysed 668 top European listed companies, included in the STOXX 600 index and national benchmarks.
Google has changed its white noise, users have complained – and it has left children unable to sleep and adults confused. The Google Assistant inside products like its small Home speakers offers a range of different ambient sounds, aimed at relaxing, sleeping or other users. One of those is white noise, which users can ask to play if they want help with concentrating or drifting off.
Marks & Spencer has written to Boris Johnson urging him to use new technology to end physical border checks in Northern Ireland.
It comes after fierce criticism from fund manager Terry Smith and a negative reaction from investors to efforts to buy GSK’s consumer arm.
LONDON (Reuters) -Associated British Foods said on Thursday the lifting of COVID-19 restrictions in England had boosted prospects for its Primark clothing business after December sales were dented by the rapid spread of the Omicron coronavirus variant. The group said Omicron had interrupted an improving trend in Primark's customer numbers but it was now seeing a recovery in UK and Ireland footfall. "In the UK and Ireland I think we're looking at an improving consumer outlook," John Bason, AB Foods' finance chief, told Reuters, pointing to falling COVID-19 infection rates and the end of restrictions in England.
ASML forecast sales growth of 20% in 2022 despite a fire this month at its Berlin plant as the supplier to chipmakers on Wednesday reported better-than-expected fourth-quarter profit. Europe's largest technology company by market capitalisation said that the Jan. 3 fire had damaged part of one building and caused smoke damage at a second. ASML Chief Executive Peter Wennink said "the expected impact of the fire in part of a building at our Berlin site is included" in the 2022 growth forecast.
House builder Crest Nicholson has set aside £28.8 million to cover the potential cost of fire safety work on its past developments. The company disclosed the provisions in its final results, published today. Provision costs rose from just £600,000 a year earlier and take the total set aside by the company to cover work on “combustible materials” to £42.6 million.
The food delivery giant's share price rose 2.4% as it reported as 36% rise in gross value of Q4 orders.
PensionBee has doubled in size after in its first year on the stock market. The leading online pension provider said revenue grew by 103% last year to reach £13 million. PensionBee’s recently launched a “Fossil Fuel Free” pension plan aimed at attracting millennials and CEO Romi Savova said it has been “particularly popular with that demographic, as your pension can do wonders for the environment”.
A years-long saga over tech firms transferring data from Europe to the US re-erupted on Thursday, days after Austrian officials slapped down Google for failing to respect EU privacy rules.
Influential British fund manager Terry Smith attacked Unilever's failed 50 billion pound ($68.2 billion) bid for GSK's Consumer Health assets as a "near death experience" and urged Unilever management to focus on strengthening performance. In a letter to investors of his Fundsmith vehicle, now the 13th biggest Unilever shareholder, Smith criticized Unilever for failing to openly communicate the benefits of the deal and its "penchant for corporate gobbledegook as substitute for effective action."
Global education group Pearson raised its full-year profit forecast on Wednesday in a boost to management efforts to restructure the business and expand into areas including workforce training, qualifications and assessment. The British company has endured a turbulent pandemic, lifted by online learning demand and stymied in October when a surge of the Omicron variant and a tight U.S. labour market deterred students from enrolling at community colleges. Under the leadership of former Disney executive Andy Bird it has sought to broaden its approach beyond traditional education outlets, selling directly to consumers via its Pearson+ app and to businesses looking to train staff.
European Central Bank chief Christine Lagarde suggested Thursday that Renaissance master Leonardo da Vinci and pioneering French politician Simone Veil appear on the new euro banknotes, as she waded into a politically sensitive topic.
Euro zone consumer prices jumped at a record high pace in December, the EU's statistics agency confirmed on Thursday, boosted by a surge in energy prices and supply chain bottlenecks as the economy recovers from pandemic lockdowns. The European Union's statistics office Eurostat said consumer prices in the 19 countries sharing the euro rose 0.4% month-on-moth in December for a 5.0% year-on-year jump, the same as the initial estimate published on Jan 7. Without the volatile energy and food prices, or what the European Central Bank calls core inflation, prices went up 0.4% month-on-month and 2.7% year-on-year.
US stocks reversed course in Wednesday's trading session, ending lower for the second day amid rising oil prices and fears that the Federal Reserve will have to move more aggressively to contain inflation.
Clive Watson, chief executive of the pub group, told the PA news agency that it has been ‘coming through the worst of it’ in recent weeks.
Aldi has narrowly pipped rival Lidl to be named cheapest supermarket of the year by Which?
Facebook’s second life: the unstoppable rise of the tech company in Africa. Western users may be logging off, but across the continent of Africa, the social media company is indispensable for everything from running a business to sourcing vaccines. How has it become so inescapable?