Profit warnings from UK-listed firms at highest level in two years as Iran war drives up costs
Consultancy says companies quoted on London stock market issued 65 in three months to end of September The number of profit warnings from UK-listed…
The Guardian reports: Consultancy says companies quoted on London stock market issued 65 in three months to end of September The number of profit warnings from UK-listed companies has risen to the highest level in two years, as the war in the Middle East triggers a surge in costs for businesses before the budget.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK-listed, Iran and London.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- UK-listed, Iran, London, Middle East
- Section
- Business
- Figure cited
- With less than a fortnight before John Healey’s tax and spending statement to the Commons, the consultants EY-Parthenon said companies quoted on the London stock market had issued 65 warnings in the three months to the end of September. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
John Healey poised to raise taxes on banks in budget
Exclusive: Chancellor to target sector in his first budget to help offset damage caused by Iran war on public finances John Healey is poised to tax…
IFS: budget will be ‘work of fiction’ without clear plan to cover UK spending pressures
Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next year John Healey has been warned by…
UK’s India Growth Plan Means Getting Travelers Out of London
The UK may not need to win many more Indian travelers so much as encourage the ones it gets already beyond London.
Great Pottery Throw Down judge Keith Brymer Jones looks back: ‘Men like seeing me be emotional’
The potter and presenter on a tricky childhood, his religious calling for clay, and cross-dressing as Adele Born in London in 1965, Keith Brymer…
Germany news: Berlin conference seeks to drum up investment
The "Invest in Germany Summit" is set to kick off in Berlin as the government looks to fill gaps in public funding.
China’s economy grows 4.5 percent in Q3, beating forecasts
GDP growth picks up from Q2 amid AI-driven boom in exports.
Arrests over Israeli settler attacks on US photojournalist and European diplomats in West Bank
Eight suspects have been arrested in connection with recent violence in the West Bank including attacks on an American photojournalist and European…
Japanese Prime Minister Takaichi rejects criticism around weak yen and high interest rates
The prime minister denied that her policies were responsible for the yen’s weakness or rising JGB yields.