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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

FIVE at FIVE: Frasers sparkles; Villain CEOs; Branson’s space launch delayed; Rail strikes hit hospitality

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Frasers delivers another set of solid results

Analysts a City broker Liberum Capital described the numbers as "very impressive when set against the strong prior year period and tough trading backdrop".

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2. SBF accused of market manipulation and could join Theranos and Wirecard (ETR:WDI) bosses behind bars

Now prosecutors are examining the possibility that SBF intentionally manipulated the market for the benefit of his two major crypto firms, FTX and the Alameda Research hedge fund.

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3. UK’s first orbital space launch will have to wait until after Christmas

Sir Richard Branson's company said it needed to complete "additional technical work" and decided it was not able to achieve the launch in the two-day launch window from next Wednesday.

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4. FTSE 100 finishes lower amid investor jitters regarding recession fears

The FTSE 100 finished the day 17 points lower at 7,472 points for a loss of 0.2%.

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5. Rail strikes see Christmas parties cancelled in blow to hospitality

Industry chiefs suggest the plunge is as bad as last year when cases of the Omicron variant of Covid-19 were surging, which hit hospitality firms in the run up to last Christmas.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK