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Newsroom

Newsroom articles are published by leading news agencies. Hargreaves Lansdown is not responsible for an article's content and its accuracy. We may not share the views of the author.

Category: Newsroom

Netflix Stock Plunges 20% Following Disappointing Earnings Report

Netflix shares dropped 20% in after-hours trading Thursday following the release of its fourth-quarter earnings report, which exceeded analysts' expectations on some counts but continued a trend of declining subscriber growth.

21 Jan 2022 2m read

Category: Newsroom

UK state pension payment system 'not fit for purpose', MPs warn

The UK's state pension payment system is 'not fit for purpose' and should be urgently reformed to avoid a repeat of a £1bn underpayment scandal, according to parliament's spending watchdog.

21 Jan 2022 3m read

Category: Newsroom

Retail sales in Great Britain fall as Omicron keeps shoppers away

Spending by consumers in Great Britain dropped by almost 4% in December as the arrival of the Omicron variant kept people away from the shops, official figures show.

21 Jan 2022 2m read

Category: Newsroom

UK backs Britishvolt battery plant, enabling $2.3bln in private funding

Electric vehicle (EV) battery startup Britishvolt has secured UK government backing for a battery plant in northern England, enabling 1.7 billion pounds ($2.31 billion) in private funding and boosting national efforts to build zero-emission cars.

21 Jan 2022 2m read

Category: Newsroom

Bank of England to raise rates again in February as inflation surges

The Bank of England will press ahead with its tightening cycle next month as red-hot inflation runs well ahead of target and the economic threat from the Omicron coronavirus variant should prove milder than previous mutations, a Reuters poll found.

21 Jan 2022 4m read

Category: Newsroom

E.ON takes on new energy customers as smaller rivals collapse

E.ON, Europe's No. 1 operator of energy networks, has recently absorbed hundreds of thousands of customers across the continent who ended up without a provider after record prices forced several smaller rivals to collapse, its CEO said.

20 Jan 2022 2m read

Category: Newsroom

How MI5 uncovered a Chinese 'agent' in parliament

Last week Britain's security services issued an extraordinary warning to parliament naming Christine Lee, a well-known lawyer in London's Chinese community, as an agent working covertly for the Chinese government.

20 Jan 2022 1m read

Category: Newsroom

No Evergrande fallout in Britain, says Bank of England

Resolving Chinese property developer Evergrande Group's struggle with $300 billion in liabilities has been fairly protracted but did not threaten financial stability in Britain, Bank of England Governor Andrew Bailey said on Wednesday.

20 Jan 2022 1m read