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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

Banks

FIVE at FIVE: Interest rates reach 3.5%, Currys profit warning, Musk censors Twitter, DHL worst courier

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

1. Bank of England increases interest rates by 50bps to 3.5% and hawkish ECB follows suit

Following on from the US fed's increase of interest rates by 0.5%, both the UK and Europe has followed suit boosting base rates to 3.5%.

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2. Currys issues profit warning as international business takes a hit

Trouble for the electrical retailer internationally has led to a profit warning following interim results.

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3. FTSE 100 closes well in the red on fears of 'troublesome' year ahead

The UK's main index finished well in the red at 7,426 points for a 0.9% loss on the day.

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4. Free speech advocate Elon Musk censors public flight data on Twitter

Twitter owner announced plans to ban accounts leaking information on flight locations.

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5. DHL beats out Parcelforce and UPS as Britain’s worst courier

A Which? survey found the German-based company performed worst against nine other major postal businesses.

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