Bank of England divided over threat of rising inflation

As pandemic restrictions are lifted, Bank of England set to keep pumping money into economy despite fears of rising inflation The inflationary spike has put the Bank’s huge quantitative easing programme in the spotlight, with its monetary policy committee increasingly at odds over what to do next   Having hit 2.5 per cent in June, inflation … Read more

Fears workers in textile factories are still being exploited hits Boohoo

Fears workers in Leicester’s textile factories are still being exploited weigh down shares in Boohoo By Daily Mail City & Finance Reporter Published: 16:50 EDT, 30 July 2021 | Updated: 16:50 EDT, 30 July 2021 Fears workers in Leicester’s textile factories are still being exploited weighed down shares in Boohoo yesterday.  Last year an independent … Read more

SMALL CAP MOVERS: Itaconix plunges as sales plateau;

The price of Itaconix shares went down the plughole as the company, whose plant-based polymers are used in detergent products, warned of order fluctuations as brands and retailers adjust inventories due to uncertainties around consumer buying habits.  As a result, unaudited revenues in this business area for the first half of 2021 were flat compared … Read more