The Lowe’s logo is displayed on the front of the store near Bloomsburg. Paul Weaver | Lightrocket | Getty Images Lowe’s on Tuesday beat Wall Street’s quarterly earnings and revenue estimates, even as the company continued to see customers tackle fewer home projects. The home improvement was going up against lower expectations for its fourth … Read more
Labour has claimed a “culture of inertia and stasis” has blocked renewable energy projects under the Conservatives and says the party will overturn a de facto onshore wind ban “at the stroke of a pen” if it wins the general election. The shadow energy secretary, Ed Miliband, told energy industry executives at a conference in … Read more
Women occupy more than two in five seats on the boards of the UK’s biggest listed companies but there are still “too few” in top positions with just 10 female FTSE 100 chief executives, according to a report. The proportion of board positions held by women in the FTSE 350 rose to a record high … Read more
Grocery price inflation in the UK has slowed to a two-year low as fierce competition among supermarkets offset the impact of the Red Sea shipping crisis on goods prices. In a boost to households, supermarket prices were 5.3% higher than a year earlier in February, the lowest rate since March 2022 and down from January’s … Read more
It seems the UK financial and corporate establishment is agreed. The London stock market is in a funk, with too many companies hopping off to re-list in New York. Therefore the UK executive class must be given US-style pay packages to keep ‘em loyal. That’s a slight exaggeration since, so far, it’s only a handful … Read more
The alarm sounds over and over again. Every organisation concerned with the cost of living and children going without is trying to alert the public to the worsening crisis, ahead of the budget. If youâve heard it all before, this is shockingly beyond normal, even for this government. This month, poverty will rise, and not … Read more
Bitcoin retook the $57,000 level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc. The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 a.m. Tuesday in Singapore. … Read more
Introduction: Hunt warned pound would suffer if he misreads the markets Good morning, and welcome to our rolling of business, the financial markets, and the world economy. With just over week to go until the budget, Jeremy Hunt is being warned not to risk unfunded tax cuts that could cause ructions in the financial markets. … Read more
Granules India Ltd, part of the pharma space, has rallied more than 20% in the last 3 months to hit a fresh record high in February 2024 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock now for a target of Rs 590 … Read more
The UKâs net zero economy grew by 9% in 2023, a report has revealed, in stark contrast to the 0.1% growth seen in the economy overall. Nevertheless, the report pointed out that strong future growth from green businesses was being put at risk by government policy reversals, lack of investment and competition from the EU … Read more
