Welcome to taking stock on.... Thursday 17th August 2023
Taking Stock: Is a look at today's top business news & investment views plus we cover the winners, losers, the most read company news & the most followed. Today this includes:
The AIM All Share is 6 points away from it's July low which, apart from the covid dash from cash crash in 2020, is the lowest it's been since July 2016 (7 years ago). Will it make now lows?
MOST READ RNS
Atlantic Lithium - Partner Commits to Ewoyaa Development Funding
EQTEC PLC - Contract signed with Idex for FEED at France MDC
RISERS
Kin and Carta - Trading Update
Bank of Georgia - Half-year Report
FALLERS
Tremor International - Q2 and H1 2023 Results
RNS WORTH READING
Intelligent Ultrasnd - Half-year Report
TOP BUSINESS STORIES
The Bank of England is poised to increase interest rates to 6 per cent by the end of this year, despite inflation falling to its lowest level since February 2022, money markets believe.
Investors are betting that borrowing costs are on course to hit their highest level since January 2001 as the central bank tries to control inflation.
Figures published yesterday by the Office for National Statistics revealed that the rate of annual prices growth in Britain fell to 6.8 per cent last month, the lowest reading since before Russia’s invasion of Ukraine and down from 7.9 per cent in the previous month. However, although headline inflation