Headline News
Capital Economics ups end-2025 gold price forecast to $2,750/oz.
Capital Economics boosted its gold price forecast for the end of the following year, although it was expecting a bumpy ride.
Wizz Air set to launch Gatwick-Jeddah route
Wizz Air is set to launch the first budget flights between the UK and Saudi Arabia next year, it emerged on Tuesday.
CMA to open first phase of probe into Carlsberg's acquisition of Britvic
The Competition and Markets Authority said on Tuesday that it was opening the first phase of an investigation into Danish brewer Carlsberg’s £3. 3n acquisition of Britvic.
UK grocery inflation dips to 1.7% - Kantar
UK grocery inflation fell in the four weeks to 1 September, according to data released by Kantar on Tuesday.
Centamin to be taken over by AngloGold Ashanti in £1.9bn deal
Gold miner Centamin - which operates the Sukari gold mine in Egypt - said on Tuesday that it had agreed to be taken over by AngloGold Ashanti in a £1. 9bn deal.
Hill & Smith buys US structural steel components maker Whitlow for $30.2m
Hill & Smith said on Tuesday that it has bought Whitlow, a designer and manufacturer of structural steel and substation components for the US electrical infrastructure market, for $30. 2m (£23m).
Wickes interim profits drop but trends improving
Wickes posted a drop in interim profit on Tuesday as revenues fell, but backed its profit expectations for the year as it said trends were improving.
UK pay growth cools, unemployment rate falls to six-month low
UK pay growth cooled in the three months to July, while the unemployment rate fell to a six-month low, according to figures released on Tuesday by the Office for National Statistics.
Schroders finance chief to take over CEO role
Schroders announced the appointment of Richard Oldfield as its new group chief executive on Tuesday, effective from 8 November, pending regulatory approval.