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Number of empty shops falls as UK economy reopens
The number of shops standing empty fell in the first quarter, industry research showed on Friday, as the UK economy reopened following the worst of the pandemic.
UK car production tumbles
UK car production tumbled in the first quarter, industry data showed on Thursday, as global supply chain issues weighed heavily.
Apollo and Reliance mull joint bid for Boots
US buyout firm Apollo Global Management and Reliance Industries are planning a joint bid for UK retailer Boots.
Treasury launches consultation on insurance rules shake up
The UK government has launched a consultation on its plans to radically overhaul the rules governing insurance companies.
Grafton unveils £100m share buyback
Shares in Grafton Group sparked on Thursday after the building materials specialist posted a jump in first-quarter sales and announced a £100m share buyback.
Strong demand helps drive Q1 revenues at Inchcape
Inchcape reported a strong start to the year on Thursday, as strong demand continued to outpace supply.
Deutsche Bank sees quarterly profits jump
Deutsche Bank shrugged off a “challenging” environment to post its highest quarterly profit for nine years, the German lender said on Wednesday.
Cost of living squeeze hits retail sales
UK retail sales struggled in April, industry research showed on Wednesday, as the cost of living crisis saw consumers rein in spending.
Russia halts gas supplies to Poland and Bulgaria
Russia has cut off gas supplies to Poland and Bulgaria, causing European energy prices to spark.
Tesla shares tumble on Musk's Twitter bid
Tesla’s share price fell sharply following Elon Musk’s $44bn bid for Twitter, wiping more than $125bn off the carmaker’s valuation.
GSK sales top forecasts
GlaxoSmithKline posted above-forecast numbers on Wednesday, boosted by strong demand for its Covid-19 drug.
PepsiCo ups full-year sales outlook
PepsiCo upped its full-year guidance on Tuesday, following a jump in first-quarter revenues.
Nomura sees profits soften
Nomura saw profits soften in the fourth quarter, as heightened geopolitical tensions weighed on the Japanese bank.
'Volatile' demand sees Heathrow rule out return to profit this year
Heathrow Airport has warned that passenger numbers could fall “significantly” after the summer, as it ruled out a return to profit despite a strong start to the year.
Elon Musk to take over Twitter in $44bn deal
Twitter faces an uncertain future, chief executive Parag Agrawal has told employees, after the social media giant agreed to be acquired by US billionaire Elon Musk in a deal worth $44bn.
Grocery inflation hits fresh high
Grocery price inflation continued to mount in April, research showed on Tuesday, to hit levels not seen in over a decade.
Coca-Cola beats Wall Street forecasts
Coca-Cola’s first-quarter numbers beat Wall Street expectations on Monday, boosted by strong demand for its fizzy drinks.
Roche warns of slowdown in Covid-driven sales
Roche expects to see a “significant” fall in demand for Covid-19 tests this year, the Swiss pharamceuticals firm warned on Monday, denting group sales.
Confidence plunges across UK manufacturing sector - CBI
Business optimism in the manufacturing sector has tumbled, research published Monday showed, after growth slowed and costs surged.
Britons borrowing more as cost of living mounts - ONS
Nearly 90% of British adults reported an increase in the cost of living last month, data from the Office for National Statistics showed on Monday.