0913 GMT - Trustpilot is feeling the toll of macro uncertainties as it lowered growth guidance for 2023, which could disappoint, Goodbody says in a note after the review website posted in-line 2022 results and said it expects positive adjusted Ebitda for the year ahead. "Top-line guidance for FY23 has been pulled back to 'mid-teens' growth (Goodbody estimate: +20%) on the back of the uncertain macro environment, which is impacting new business and retention bookings," says analyst Patrick O'Donnell, adding that the CEO Peter Holten Muhlmann's intention to transition into a founder and nonexecutive director role may disappoint further. Goodbody has a buy rating on the stock. (elena.vardon@wsj.com)

UK Government Can Take Comfort in Interest Bill Fall as February Borrowing Ballooned

0904 GMT - The U.K. government in February borrowed GBP16.7 billion, the highest figure for that month since records began, as cushioning households from the impact of sky-high energy costs came with a huge price tag, AJ Bell says. But the silver lining from February's economic grey clouds is that the cost of servicing all that debt fell GBP1.3 billion compared with last year, thanks to the vagaries of index-linked gilts, Danni Hewson, AJ Bell head of financial analysis, says in a note. Still, the debt-to-GDP ratio has climbed over the 99% mark, hitting levels last seen in the early 1960s, which will focus minds in a treasury tasked with bringing debt levels under control, she adds. (edward.frankl@wsj.com)


Contact: London NewsPlus; paul.larkins@wsj.com


(END) Dow Jones Newswires

03-21-23 1345ET