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HSBC (LON: HSBA) to Shut Its Main Branches in Scotland
Financial Stocks

HSBC (LON: HSBA) to Shut Its Main Branches in Scotland

Summary Footsie-listed banking giant HSBC Holdings Plc may close two of its main branches in Scotland. The deserted high streets in the wake of lockdown have led to a steep decline in footfall of consumers in bank branches. HSBC (LON: HSB...

Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket 
Communication Stocks

Netflix crosses 200m paid subscribers, shares zoom 14% aftermarket 

Summary Netflix Inc crossed the 200 million paid subscribers mark for the first time. In FY20, Netflix added 37 million paid memberships translating into a total revenue of $25 billion. Netflix shares rallied by more than 1...

FTSE 100 stalls ahead of Biden inauguration
Market updates

FTSE 100 stalls ahead of Biden inauguration

UK stocks seemingly were stalled in the mid-morning deals on Wednesday, 20 January, ahead of the inauguration ceremony of President-elect Joe Biden later in the day. The inauguration ceremony is slated to happen under stern security arrangements foll...

BBC should decide its future plans clearly, suggests National Audit Office
Communication Stocks

BBC should decide its future plans clearly, suggests National Audit Office

Summary National Audit Office stressed that BBC is required to formulate a strategic financial plan to secure its future. The report published by the NAO highlighted that there was a fall in the viewership, followed by a decline in income of th...

UK sets a new record of 1,610 Covid-19 deaths in a day 
Covid-19

UK sets a new record of 1,610 Covid-19 deaths in a day 

The daily number of deaths reported in the UK touched a new high of 1,610 on Tuesday, 19 January, even though the number of new cases dropped to 33,355 for the day from a high of 55,761 on 16 January. This has taken the total death toll to 91,470 a...

FTSE AIM Index Expanded by 0.58%; Shares of Aptitude Software Group Soared by 11.11%
Market updates

FTSE AIM Index Expanded by 0.58%; Shares of Aptitude Software Group Soared by 11.11%

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 17.55 points or 0.47 per cent higher at 3,785.80, Dow Jones Industrial Average Index expanded by 93.24 points or 0.30 per cent higher at 30,...

Henry Boot (LON: BOOT) Puts Up Great Show Even During Pandemic
Infrastructure and Real Estate

Henry Boot (LON: BOOT) Puts Up Great Show Even During Pandemic

Summary Henry Boot has a strong balance sheet with enough liquidity of £27 million, which the company aims to reinvest in residential, urban, and industrial logistics projects.  The company was recently awarded a £40 millio...

What factors led Begbies Traynor Group to proceed with its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million?
Industrial Stocks

What factors led Begbies Traynor Group to proceed with its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million?

Summary Begbies Traynor Group Plc had reported revenue growth of 11% during H1 FY21 ended on 31 October 2020. The Company had completed its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million on 18 January 2021. The net...

FTSE 100 skids from day’s top, manages to remain positive as GBP supports gains 
Market updates

FTSE 100 skids from day’s top, manages to remain positive as GBP supports gains 

  UK stock markets slipped from the day’s high in the wee hours of trading on Tuesday, 19 January, with the benchmark FTSE 100 hovering in the positive territory led by gains in several blue-chip shares. The index started t...