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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

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FIVE at FIVE: Lloyds pumped as interest rates rise, Boohoo returns woe, Reddit going public, and M&S and Aldi lock horns (again)

Here's a round-up of the day's top Proactive stories

1 - Boohoo slashes profit forecast as Omicron scuppers crimbo office parties

Boohoo Group PLC (AIM:BOO) issued a profit warning today, with the company citing a larger number of returns as one of the key factors behind the slashing of its forecasts.

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2 - Punters delight as Reddit readies public listing

Meme stock followers favourite platform has started to make preparations for a listing in the US

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3 - Lloyds shares jump as UK raises interest rates for the first time since the pandemic started

The Bank of England's monetary policy committee (MPC) lifted rates from 0.1% to 0.25%.

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4 - FTSE 100 surges higher as rates rise - go figure

The UK blue-chip index shrugged off a surprise rate rise and Omicron concerns to rocket over 89 points, or 1.25%, to close at 7,260.61.

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5 - M&S and Aldi reopen copycat row with gin the new battleground

Marks and Spencer Group PLC has gone into battle with budget supermarket chain Aldi for a second time – this time over the design of gin bottles.

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There's also Bruce Springsteen selling his music catalogue, Friday's agenda, and France's ban on British tourists

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