Publishing chief set for an even richer future: Magazines group soars 9% as it hikes profit forecasts By Daily Mail City & Finance Reporter Published: 17:01 EDT, 21 July 2021 | Updated: 17:01 EDT, 21 July 2021 Shares in Future soared as it hiked its profit forecasts. The UK’s biggest magazines publisher, which is behind … Read more
Many Britons in workplace pensions may be heading for financial catastrophe in retirement because they are relying on outdated forecasts, according to financial services provider PTL. It warns some people currently saving into defined contribution pensions could face a retirement filled with financial hardship, and in some cases poverty, because they are being given a … Read more
BUSINESS LIVE: Bank of England set to hike growth forecasts; Next issues another profit upgrade; Barratt returns rate relief cash; Trainline posts £100m loss Economic growth forecasts set to be increased by the Bank of England today Boss of Next looking forward to shoppers returning to parties and weddings By Jane Denton For Thisismoney Published: … Read more
Kent NHS trust fears Covid surge in JUNE that could see it treat as many infected patients as it did during last April’s peak Maidstone and Tunbridge Wells NHS fears a June surge in Covid hospitalisations Meeting minutes warn up to 100 beds could be occupied in a ‘optimistic’ case But this could rise to … Read more
Hermes smashes analysts’ forecasts thanks to a sharp recovery in Asia and booming online sales By Daily Mail City & Finance Reporter Published: 21:58 GMT, 19 February 2021 | Updated: 21:58 GMT, 19 February 2021 In vogue: The French handbag and silk scarf maker said sales rose 16 per cent between October and December Hermes smashed … Read more
The Bank of England slashed its growth forecast for this year today but voiced hope that the rapid vaccine rollout will spark a strong recovery after June. In its latest Monetary Policy Committee report, the Bank reduced its estimate for economic growth for 2021 from 7.25 per cent to 5 per cent. It said an expected … Read more
MARKET REPORT: Taylor Wimpey’s shares lift 2.5% as it forecasts ‘robust house sales’ for 2021 By Matt Oliver City Correspondent For The Daily Mail Shares in housebuilder Taylor Wimpey rose after the firm said it expects UK sales to remain ‘robust’ this year. In a bullish trading update, the company said it was on track … Read more
Mike Ashley’s Frasers Group forced to trim back profit forecasts as retailers face much leaner Christmas than had been hoped The firm said guidance of a 20 to 30 per cent boost in profits now unlikely Frasers Group includes Sports Direct, House of Fraser, Evans Cycles and Game By This Is Money Published: 10:54 GMT, … Read more
Metals miner Fresnillo cuts gold production forecasts after its Mexican mines are hit by Covid Gold and silver are seen as safe investments in economically uncertain times The firm blamed a drop in workers at its Herradura mine for its lower forecasts Fresnillo’s silver production guidance remains unchanged at 51-56m ounces By Harry Wise For … Read more
The Centers for Disease Control and Prevention (CDC) has forecast 233,000 COVID-19 deaths by the end of this month with up to 6,800 new fatalities in the last week of October alone. In a report on its website the CDC writes: ‘This week’s national ensemble forecast indicates an uncertain trend in new COVID-19 deaths reported over … Read more