• Capital Access

Hot Off The Wires - 17th June 2021

News


  • Shares in online furniture retailer Made.com fell as much as 9% in a rocky start to its London stock market debut.

  • Sales have risen sharply at ScS, prompting the sofa retailer to increase its profit forecasts after shoppers rushed to its stores when they reopened in April.

  • Inflation has risen more sharply than expected to hit 2.1% in May after the reopening of the economy drove up prices for clothes, haircuts, transport and dining out.

  • Liz Truss will hold talks with New Zealand negotiators on Thursday as she seeks to pave the way for a trade deal with the country in a matter of weeks.

  • Ryanair and the UK’s largest airport group, Manchester Airports Group, have announced that they have launched a legal challenge calling for transparency in the government’s handling of its contentious ‘traffic light’ travel system.

  • General Motors is to spend $35bn in the years leading up to 2025 on developing electric and driverless vehicles and will accelerate plans to build two battery plants.


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