WEIR, RNO, SXS: Stocks you may buy with launch of £50m data innovation hub

Highlights The UK’s supply chain challenge is expected to deepen further and might continue next year, signalled by the lower inventory position at the manufacturer level in December. Output in the manufacturing sector grew by 29% for...

Highlights New research by the Centre for Economic Performance (CEP) has revealed that around 50% of businesses face challenges in recruiting new workers. Amidst labour shortages across different countries, the role of recruitment and staffing ...

Highlights  Gas prices rose to record highs on Tuesday amid renewed fears between Russia and Western leaders. The UK Energy Research Council called for a review of the UK’s energy security policy. UK’s gas prices touched a new...

Highlights  FTSE 100 listed pest control and hygiene service provider Rentokil Initial has announced the acquisition of US-based Terminix Global Holdings, Inc. Upon successful acquisition, Rentokil Initial will become a global leader in th...

Highlights Blue-chip stocks are often believed to be mature companies that carry lower levels of risk. Several blue-chip stocks have given high returns in the past 5 years outperforming the FTSE 100 index. If one had invested £1,000 into...

Highlights  The global biomass heating market is set for ‘pronounced growth’ during the period between 2021 and 2028. Drax, biomass focused power generation business, was named as a key player in the sector by the report. The ...

Highlights Energy regulator Ofgem has said that the energy market requires quick reforms. The move came after it faced criticism after more than 20 energy suppliers went bust. The UK had earlier unveiled a hydrogen strategy to help decarbonise...

Highlights Defence contractor Babcock’s shares jumped 2 per cent after the company returned to profit in HY21.The statutory half year 2021 (HY 2021) operating profit stood at £75.4 million, reversing from an operating loss of £...

Highlights Ben Broadbent, the deputy governor at the Bank of England (BoE), cautioned that inflation could rise to over 5 per cent by spring 2022 due to soaring gas and electricity bills. The rise could potentially come as the energy regulator ...

Highlights  A SIPRI report found that the top 100 weapons manufacturers in the world posted profit growth of 1.3 per cent in 2020 on a yearly basis. Arms manufacturers were mostly protected by sustained government demand for military goods...