Darktrace expecting 25.5 per cent growth thanks to growing cybersecurity demands
Cyber security specialist Darktrace has upgraded its forecasts for the third time this year, thanks to growing demand for protection from AI-powered hackers and cybercrime-as-a-service groups Daily Express :: City and Business Feed More...
Poundstretcher ‘being sold to US group which owns Majestic Wines’
Discount chain Poundstretcher is reportedly being sold to US private equity group Fortress, the owner of Majestic Wine, for an undisclosed sum. Daily Express :: City and Business Feed More...
Tesco poised for fresh price cuts to keep below grocery inflation as profits soar
Tesco chief executive Ken Murphy has pledged to keep cutting prices to help customers cope with the squeeze on their finances and maintain its sales momentum. Daily Express :: City and Business Feed More...
HSBC suffers £790.1million in losses as banking giant counts cost of exiting Argentina
HSBC says it first quarter results will be hit by a $ 1billion pre-tax loss following the £434.6million sale of its Argentinian bank to Grupo Financiero Galicia. Daily Express :: City and Business Feed More...
BP braces for lower revenues as it warns reduced energy prices will have impact
Energy giant BP has warned that its first quarter revenues could be up to $ 1billion lower due to reduced oil, gas and renewables prices. Daily Express :: City and Business Feed More...
Thames Water’s parent company has credit rating slashed as default fears mount
Beleaguered Thames Water’s parent company Kemble has had its credit rating slashed by Moody’s, which warns that it could default on its loans in May. Daily Express :: City and Business Feed More...
Six in 10 young adults plan to be their own boss by the age of 30, study finds
In fact, almost two-thirds of Gen Z adults, aged 28 and under, have already had a go at running a small business or side hustle, according to the research. Daily Express :: City and Business Feed More...
Credit card borrowing drops as cautious consumers worry about UK economy
Consumers cut back their unsecured borrowing in February from £1.8billion net to £1.4billion according to Bank of England data, due to the uncertain economy, experts say. Daily Express :: City and Business Feed More...
Brexit Britain’s manufacturing returns to growth after 20 months of decline
Britain’s manufacturing sector returned to growth in March, its first positive month in nearly two years, according to a closely watched economic indicator. Daily Express :: City and Business Feed More...
Aldi boss says new price cuts to hit your local store after 500 items already slashed
Aldi chief executive Giles Hurley has vowed to invest more than £380million in fresh price cuts this year to help shoppers cope with their squeezed budgets. Daily Express :: City and Business Feed More...