Purplebricks’ stock nosedives over 60% as the distressed real estate agency cautions of possible cash depletion.
Britain’s cheapest supermarket Aldi revealed a typical basket costs £31 less than Waitrose
Aldi was named Britain’s most affordable supermarket. A typical shopping basket costs a third less at Aldi than at Waitrose.
Research finds that Brexit has added almost £6bn to UK’s food bills over the past two years
Research has shown that Brexit increased the UK’s food bill by almost £6bn in the two years up to 2021. This impacted the poorest households the most.
HSBC to close quarter of UK bank branches
HSBC announced that it would close 25% of its branches in the UK starting next April, as more people switch to online banking.
Cineworld files for bankruptcy protection in the USA
Cineworld Group filed for bankruptcy protection in the US as the debt-laden company seeks to restructure.
China Arrests Hundreds of Fraudsters in China’s Biggest Bank Fraud Probe
China detained hundreds of individuals accused of bank fraud in China. In an effort to preserve social stability before the two-decade Communist Party Congress, China began repaying more victims of
Cineworld pays $100m to lawyers and bankers in an unfortunate survival battle
The second-largest cinema operator in the world is looking for a rescue plan.
Cineworld nears bankruptcy following Covid slump, may file for Chapter 11 in the US within weeks
Cineworld is about to file for bankruptcy following a collapse of audiences during the Covid crisis.
One London Borough Continues to Boom As the Housing Market Slows
Richmond upon Thames is London’s only remaining borough where prices rose by at least double the rate in the last year.
Share Talk Expected Market Updates For The Week Ahead – 27th September 2021
This week’s market sectors and industries under review include Pennon and United Utilities, catering to water suppliers and fashion lovers.
China Evergrande default fears haunt investors as Beijing stands back, for now
HONG KONG/NEW YORK, Sept 21 (Reuters) – Default fears continued to stalk China Evergrande Group on Tuesday despite efforts by its chairman to lift confidence in the embattled firm, as