10 Things I Hate About You: Myriad reasons combine for Netflix share price tumble
Investors were shocked last night by the revelation numbers of new Netflix subscribers had fallen for the first time in more than a decade.
Stay updated with breaking news from Mark Crouch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Investors were shocked last night by the revelation numbers of new Netflix subscribers had fallen for the first time in more than a decade.
The Bradford-based company reported a pre-tax profit of £4.1 million, compared to a £113.5 million loss in 2020, thanks to a 'favourable macroeconomic backdrop to the end of 2021'.
Housebuilding major Bellway has racked up higher half-year profits but revealed a further bill for high-rise fire safety works and cautioned over ongoing cost pressures amid the Ukraine conflict.
The group said commodity prices had jumped 'dramatically' since the war started, adding that it had been forced to cut its annual earnings forecast .
The group said commodity prices had jumped 'dramatically' since the war started, adding that it had been forced to cut its annual earnings forecast .