Publishing chief set for an even richer future: Magazines group soars 9% as it hikes profit forecasts By Daily Mail City & Finance Reporter Published: 17:01 EDT, 21 July 2021 | Updated: 17:01 EDT, 21 July 2021 Shares in Future soared as it hiked its profit forecasts. The UK’s biggest magazines publisher, which is behind … Read more
Hermes smashes analysts’ forecasts thanks to a sharp recovery in Asia and booming online sales By Daily Mail City & Finance Reporter Published: 21:58 GMT, 19 February 2021 | Updated: 21:58 GMT, 19 February 2021 In vogue: The French handbag and silk scarf maker said sales rose 16 per cent between October and December Hermes smashed … Read more
Met Office ‘to give forecasts from abroad’ as £1.2 billion energy-guzzling supercomputer risks torpedoing the service’s public stance on fighting climate change Sources say the Met Office will house a new supercomputer outside the UK There are fears it will use so much energy it will hinder stance on climate change It is hoped supercomputer … Read more
Met Office ‘to give forecasts from abroad’ as £1.2 billion energy-guzzling supercomputer risks torpedoing the service’s public stance on fighting climate change Sources say the Met Office will house a new supercomputer outside the UK There are fears it will use so much energy it will hinder stance on climate change It is hoped supercomputer … Read more
The Bank of England slashed its growth forecast for this year today but voiced hope that the rapid vaccine rollout will spark a strong recovery after June. In its latest Monetary Policy Committee report, the Bank reduced its estimate for economic growth for 2021 from 7.25 per cent to 5 per cent. It said an expected … Read more
Mike Ashley’s Frasers Group forced to trim back profit forecasts as retailers face much leaner Christmas than had been hoped The firm said guidance of a 20 to 30 per cent boost in profits now unlikely Frasers Group includes Sports Direct, House of Fraser, Evans Cycles and Game By This Is Money Published: 10:54 GMT, … Read more
Metals miner Fresnillo cuts gold production forecasts after its Mexican mines are hit by Covid Gold and silver are seen as safe investments in economically uncertain times The firm blamed a drop in workers at its Herradura mine for its lower forecasts Fresnillo’s silver production guidance remains unchanged at 51-56m ounces By Harry Wise For … Read more
Delicately balanced boulders have been used to create a ‘rock clock’ that can improve the accuracy of earthquake severity predictions by up 50 per cent. Imperial College London researchers created a new severe earthquake forecasting model using information from formations of precariously balanced rocks (PBRs). PBRs, rock formations where a ‘slender boulder’ is delicately perched … Read more
Shares in Warhammer maker Games Workshop soared as it said it had beaten forecasts again. The retailer, which makes models and figurines that can be collected and painted, has had a stellar year after it found success with adult fans looking for hobbies they could do during lockdown. Sales in the three months to August … Read more
House prices ‘unexpectedly’ increased in April despite the coronavirus lockdown, fresh figures from Nationwide suggest. The figures came a day after Britain’s biggest mortgage lender Lloyds revealed that it expected house prices to fall 5 per cent this year – and modelled a worst case scenario of a 10 per cent drop in its results. … Read more