Lots of big investment firms, such as hedge funds, had bet on GameStop to lose a lot of value, meaning they borrowed shares in the company and then sold them, with a promise to buy them back at a later date. This is called “short selling” or “shorting” and the idea is to make money as the share price falls.
The changes to how the UK trades with Europe has also added to the work involved in selling his...
After Horizon was introduced, one branch had no problems at all, but the second one showed a hole in...
Sarah Hewin, a senior economist at Standard Chartered Bank, agreed, warning that with rising gas prices feeding into higher...
By removing this status from Russia, G7 countries will be able to target its exports with punitive tariffs, or...
Chancellor Rishi Sunak committed to scrapping the tax in his March Budget.
But the OBR, which publishes its economic forecasts twice a year, said Russia’s invasion of Ukraine had “major repercussions...
France’s finance minister also told the BBC that Europe will be one the world’s key economic powers.
Image copyright Getty Images Cineworld is set to temporarily close its UK cinemas in the coming weeks. As first...
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