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The Latest Breaking News from Russ Mould

Retailer WH Smith to be wiped off UK high streets soon following sale

This move comes as a fresh blow to the UK high street, which has been struggling to recover from the pandemic, witnessing a number of big name closures such as Debenhams.

Euronews

The UK Car Loan Scandal That Could Cost Banks Billions

Banks may have to pay out tens of billions of pounds if the British Supreme Court upholds a judgment ruling controversial car loans are unlawful, in a case beginning in April.

International Business Times

Next posts strong growth amid ongoing economic struggles in the UK

Although Next recorded impressive yearly results, other clothing retailers such as H&M continued to struggle as UK consumers remain cautious in their spending.

Euronews

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European airlines see shares flying low as Heathrow chaos continues

The major European carriers saw their share prices decline after the region’s busiest airport had to temporarily close on Friday.

Euronews

Shares in Zara owner Inditex slide as slowing sales growth raises retail woes

Shares in the Madrid-listed fashion giant tumbled to a seven-month low on Wednesday.

Evening Standard

What could turn around the stock market collapse - and where are the hidden winners?

Tesla lost 15 per cent in a day and other big companies dropped even further - with more potentially to come

The Independent UK

The share prices most affected by Trump’s tariffs as stock markets tumble

Several of the world’s biggest companies saw their share prices tank in the aftermath of the US president’s proclamation

The Independent UK

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Unilever warns of a ‘subdued’ start to 2025 as ice cream triple listing looms, knocking investor confidence

“Consistency is not about one good year. We know there is a lot still to do," Unilever CEO Hein Schumacher said.

Fortune

Unilever Announces Profit Slump On Russia Exit

British consumer goods giant Unilever on Thursday announced falling net profits for 2024, hit by exiting Russia and other restructuring costs.

International Business Times

Stock Markets Close Out Turbulent Week With Gains

London's benchmark FTSE 100 hit fresh highs Friday, helped by an 11-percent jump in the share price of Smiths Group after the British engineering company said it planned to simplify the business and return substantial sums to shareholders.

Latin Times

‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise

After a 17 per cent drop on Monday, the chipmaker’s shares rose nine per cent on Tuesday

The Independent UK

WH Smith: Why now is an ‘odd time’ to sell and what the future holds for its high street stores

The high street store may disappear but the brand itself will still be firmly on display - in airports, train stations and more

The Independent UK

Shares rise as traders try to interpret Trump policies

Stock markets on both sides of the Atlantic rose on Tuesday after the inauguration the day before.

Evening Standard

Luxury stocks rally globally amid signs of recovery in demand

Watches of Switzerland and Burberry’s share prices climbed after Cartier-owner Richemont posted booming sales.

Evening Standard

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The Guardian - UK

Shoe Zone blames tax rises in budget for decision to close some stores

Retailer hit by ‘challenging trading conditions’ and says wage and NIC changes made a number of shops ‘unviable’

Evening Standard

What has been agreed under the Royal Mail takeover and what are the next steps?

Czech billionaire Daniel Kretinsky has agreed to a series of legally-binding commitments to gain government clearance for the deal.

Evening Standard

Top investor in UK industrial giant Johnson Matthey demands overhaul

The US-based investor said the British firm, one of the biggest makers of catalytic converters for car exhausts, needed a board shake-up.

Evening Standard

ITV shares surge on reported takeover interest

It is understood that CVC is joining forces with a European broadcaster to consider a bid for parts or all of ITV.

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International Business Times UK

Warren Buffett Breaks 6-Year Streak, Doesn't Buy Back Berkshire Shares Despite $320B Cash Pile

Billionaire and renowned value investor Warren Buffett avoided buying back Berkshire Hathaway shares in Q3 as he deemed his company could be overvalued.

Evening Standard

Trump rally sees Bitcoin jump to new record above 81,000 dollars

Bitcoin has seen its value swell by more than 120% in the past year and by 21% in the past week alone.

Top News

Bitcoin Surges As Investors Bet On Trump's Crypto Support

Bitcoin price hits record high as Trump's support and evolving stance on cryptocurrencies drive investor optimism and market speculations.

The Independent UK

Bitcoin spikes to record as traders expect Trump's victory to boost cryptocurrencies

The price of bitcoin has hit a new high as investors bet that former President Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies

The Independent UK

Gold price hits record high ahead of tight US presidential election

The precious metal is seen as a safe haven asset for investors in times of strife

The Guardian - UK

Fear of US recession rattles global markets as tech shares fall

Europe’s main indices all decline and Japanese equities suffer worst day since 2020 while gold hits fresh record

International Business Times

Why UK Major Firms Are Facing Takeover Attempts?

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

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