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The Latest Breaking News from Russ Mould

UK’s ‘zombie’ firms will be wiped out by interest rates, says insolvency specialist

Begbies Traynor’s profits leap 50% as insolvencies in England and Wales hit a 24-year high

The Guardian - UK

Boohoo airs ‘serious concerns’ as bosses at Revolution Beauty fired then rehired

CEO, CFO and chair of makeup brand reinstated after being voted out by almost three-quarters of investors

The Guardian - UK

Asos secures £75m fundraising to support turnaround plan

It comes after the fast-fashion firm earlier this month revealed losses of more than £290m for the half-year to February

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

US regional bank shares partially recover but fear of crash lingers

Stock market rises on bounceback despite investors still nursing steep losses

The Guardian - UK

Calls for tax ‘loopholes’ to be closed as Shell makes £1.4bn more than expected

The business made 9.6 billion US dollars in earnings in the first three months of this year.

The Independent UK

AstraZeneca overtakes Pfizer as crunch week for UK pharma looms

Driven by a revamped drug portfolio, AstraZeneca is expected to report revenues of $10.7bn in its latest quarterly results

The Guardian - UK

The FTSE 100 just passed 8000, a new record. What does that mean for you, your finances and the UK economy?

London shares are at an all-time high. Why? And who benefits?

Evening Standard

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Watches of Switzerland sales grow as timepieces become “investment assets”

Customers buying watches as investments drive growth, but shares slide on weak jewellery sales

Evening Standard

UK may avoid 2022 recession after growing 0.1% in November – as it happened

UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World Cup

The Guardian - UK

Who are the big winners in FTSE 100’s £350 billion rebound as it closes in on record high?

Some well-known UK names are in the lead as hopes grow that the economy is proving more resilient than feared

Evening Standard

Federal Reserve hikes US rates by 0.75% for third straight meeting

Bank of England in the spotlight after US central bank stops short of super-sized 1% hike

Evening Standard

Who’s in and who’s out as tally of FTSE 100 CEO departures grows

Run of FTSE 100 CEOs announcing departures in 2022 reaches 17

Evening Standard

Eyes on inflation impact as Ocado to report results

‘Building new customer fulfilment centres isn’t cheap’

The Independent UK

Landsec reports record London office leasing as it returns to profit

Owner of Bluewater and Trinity Leeds says it has also seen a recovery at its shopping centres

The Guardian - UK

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Evening Standard

FTSE share buybacks on track to smash records with bumper payouts from BP, Shell and more

FTSE 100 companies plan to return £37 billion to investors this year

Evening Standard

Netflix loses $47 billion in value as stock plunges 30%

Netflix’s withdrawal from Russia resulted in a loss of 700,000 customers.

The Guardian - UK

Oil prices fall after US ponders record-breaking release of crude reserves

Joe Biden seeks to allay fears of shortages over Russian invasion of Ukraine

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