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Finance & Markets

Global Selloff in Bonds Intensifies

A global bond selloff deepened, jolting investors as robust US economic data and weak demand at a debt auction drove Treasury yields across much of the curve to their highest levels in almost two decades. Bloomberg MLIV’s Ven Ram has the latest. (Source: Bloomberg)

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Vistry takes £500m hit as new boss downsizes housebuilder

Vistry has taken a nearly £500m hit to its value, as the beleaguered housebuilder’s new chief executive sets out drastic plans to downsize the firm to ensure its survival. Adam Daniels, the new boss of the FTSE 250 housebuilder, told shareholders on Thursday that his review into the group revealed that its assets were worth [...]

Raspberry Pi profit triples on hot demand

Raspberry Pi’s profit more than tripled in the first half of 2026 as demand for its low-cost computers surged and price rises boosted revenue. The Cambridge-based computer maker posted pre-tax profit of $19.6m (£14.5m), up from $6.2m a year earlier. Revenue jumped 90 per cent to a record $256.9m.

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