CashNews.co LONDON (Reuters) – A leading British think tank said on Wednesday that the country’s already slow economic growth rate could be more than halved if Donald Trump wins the U.S. presidential election and imposes sweeping import tariffs. In its latest report, the National Institute of Economic and Social Research painted a bleak picture for […]
CashNews.co A growing list of British companies have warned of rising costs to consumers in the wake of Labour’s Budget. The boss of Marks & Spencer said the retailer will take a £60 million hit from an increase in taxes on employers, adding that the company will do “everything we can” to avoid passing on […]
CashNews.co Second ever summit of its kind begins in London, attended by UK and Caribbean governments and senior investors. Summit organised by UK Export Finance, which can help to finance overseas projects delivered by UK companies. UK exports to CARIFORUM countries were worth £2.7 billion in the year to April 2024 – an increase of […]
CashNews.co Revenue: US$651.9m (up 5.6% from 3Q 2023). Net income: US$69.6m (up 3.8% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). EPS: US$2.96 (up from US$2.85 in 3Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 1.6%. Earnings […]
CashNews.co The market for InMode Ltd.’s (NASDAQ:INMD) shares didn’t move much after it posted weak earnings recently. We did some digging, and we believe the earnings are stronger than they seem. Check out our latest analysis for InMode earnings-and-revenue-history In high finance, the key ratio used to measure how well a company converts reported profits […]
CashNews.co State pensioners on the older basic state pension can actually get more money than pensioners on the new full state pension thanks to an odd loophole based on Pension Credit benefits. Pensioner finances have been a hotly debated topic since Labour announced the scrapping of the universal £300 Winter Fuel Payment this year and […]
CashNews.co UK expats living in the United States will be looking cautiously at the position that the incoming Trump administration may take ontaxes, healthcare, immigration, trade, and the broader economy to determine the financial implications for themselves. In terms of tax policy, Antony Marziban, senior wealth manager at international financial advisory firm Hoxton Wealth, says expats […]
CashNews.co Investing.com – The new Labour government announced its first budget last week, and Deutsche Bank (ETR:) now studies whether the UK public finances are on a more stable footing. UK Chancellor Rachel Reeves detailed £40 billion of tax hikes to plug shortfalls while also adding just over £30 bn in annual borrowing to the […]
CashNews.co Molo Finance has appointed Agnes Zhang as international telephone business development manager. Zhang joins with experience from her previous work at a UK brokerage Ocean Tide, which supports international buyers of UK buy-to-let properties. In her new role, she will work closely with Molo’s distribution team to help intermediaries expand into the growing overseas […]
CashNews.co Picture Credit: Shutterstock.com UK motor insurers, including Admiral and Direct Line, are grappling with a continued margin squeeze as premiums drop amid rising claims costs, according to a recent report from Bloomberg Intelligence. While auto-insurance premiums have dropped 13% since the start of 2024, claims costs are seeing sustained inflation, increasing at an estimated […]