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London house price growth cools as rents continue to climb
In April, London experienced modest annual house price increases below one percent, while rental costs steadily rose beyond the national average, reflecting differing trends in the...
Read Full Article →Shoe Zone given a kicking as shares slump after losses revealed
Shoe Zone experienced a notable decline in its stock value following the announcement of a £2.3 million pre-tax loss for the first half of its financial year, compared to a prior p...
Read Full Article →SSE cuts investment and warns it won’t meet 2030 net zero goal
SSE’s decision to reduce capital spending by up to £3 billion over five years reflects financial pressures that may delay progress toward the UK’s renewable energy targets and affe...
Read Full Article →Easyhotel significantly slashes losses as return to profit nears
Easyhotel’s substantial reduction in pre-tax losses to €1.8 million in 2024 from €10.5 million the previous year reflects notable financial improvement and progress toward achievin...
Read Full Article →JD Sports raises dividend despite tariff uncertainty
JD Sports increased its full-year dividend by 11 percent following a 12 percent revenue growth driven by higher demand in Europe and North America, reflecting strong financial perf...
Read Full Article →Hercules PLC: Powering Britain’s infrastructure ambitions
Hercules PLC is positioned to benefit from extensive upcoming investments in the UK’s infrastructure, contributing to the development of transport, energy, and digital systems whil...
Read Full Article →UBS creates AI tool to monitor interest rate cuts
UBS has developed an artificial intelligence system designed to analyze central bank communications, potentially improving predictions of monetary policy changes that can impact fi...
Read Full Article →Close Brothers shares drop as costs rise from motor finance threat
Close Brothers reported increased operational costs during the third quarter, with net expenses rising to £13.9 million, reflecting ongoing challenges linked to its motor finance a...
Read Full Article →Reeves’ taxes push inflation to 3.5 per cent in ‘Awful April’
The recent tax increases on businesses and adjustments to the national living wage have contributed to rising consumer prices, reflecting increased operational costs for companies...
Read Full Article →Currys: Shares dip despite interest rates helping sales at retailer
Electrical retailer Currys has projected a 37 percent increase in pre-tax profit to £162 million, reflecting improved sales performance partially influenced by reduced borrowing ex...
Read Full Article →M&S: Cyber attack to hit profit by £300m
Marks and Spencer anticipates a substantial reduction in this year’s earnings due to a recent cyber incident, although the financial impact may be partly offset by cost controls, i...
Read Full Article →Red Bull diluted: Energy drink giant reduces stake in Leeds United
Red Bull’s decision not to participate in the recent £120 million share offering led to a decreased ownership percentage, impacting their financial influence as Leeds United secure...
Read Full Article →Pisces has the potential to flourish – if the FCA plays its cards right
The introduction of Pisces markets, regulated by the FCA, aims to provide growing companies with an alternative platform for funding, potentially enhancing capital access before th...
Read Full Article →Charles Tyrwhitt to move London office HQ as profits climb
The relocation of Charles Tyrwhitt’s headquarters to a more sustainable and higher-quality space in Bankside reflects its recent financial growth and commitment to supporting its e...
Read Full Article →Exclusive: Oberon AIM VCT relaunches in search of small cap rebound
Oberon’s relaunch of its AIM venture capital trust aims to capitalize on anticipated growth in smaller publicly traded companies, potentially enhancing investment opportunities and...
Read Full Article →Reform would be an economic disaster (trust me, I worked for Liz Truss)
Implementing large tax reductions without addressing their economic consequences can lead to significant financial instability, as observed through previous government experiences...
Read Full Article →Firms must be at heart of red tape overhaul, CBI boss says
Involving businesses directly in regulatory reform is crucial for effective economic progress, as their practical experience with compliance challenges can guide more impactful and...
Read Full Article →UK halts trade talks with Israel
The suspension of bilateral trade discussions may delay economic agreements and impact future commercial relations between the UK and Israel until humanitarian conditions are satis...
Read Full Article →British ports request £120m for ‘white elephant’ Brexit border posts
British ports are seeking £120 million to recover costs from infrastructure investments made for border controls that became unnecessary following recent adjustments to the UK-EU t...
Read Full Article →Analysts look to follow-on funding for London Stock Exchange IPO revival
Despite a decline in initial public offerings, the London Stock Exchange remains a key player in Europe by generating substantial capital through additional fundraising rounds afte...
Read Full Article →Insolvency levels hit highest level in eight months in Awful April
Recent data reveal a substantial rise in business failures this April, highlighting the financial strain caused by increased labor expenses and uncertainties surrounding new trade...
Read Full Article →Goldman Sachs: Investors are fleeing US stocks
Several clients of a major financial institution have expressed concerns about the stability of the US market, leading to a notable shift of investment portfolios toward alternativ...
Read Full Article →Cash ISA limit reduction abandoned by Reeves
The government’s decision to maintain the current threshold for tax-free savings accounts allows individuals to continue depositing substantial amounts without losing financial ben...
Read Full Article →London Spirit £144m sale nearly done, insists MCC chief
A consortium of American technology companies is close to finalizing a deal to acquire a near half ownership in the London Spirit cricket team, reflecting a significant investment...
Read Full Article →Senior: FTSE 250 aerospace and defence group bags new contracts
The recent £168 million agreements secured by the FTSE 250 aerospace and defence company are expected to enhance its long-term revenue streams and contribute positively to its mark...
Read Full Article →Trio of trade deals puts UK in better position “than any other country,” Rachel Reeves says
Securing recent agreements with major global partners is expected to enhance the UK’s economic opportunities and strengthen its position in international markets compared to other...
Read Full Article →Interest rate cuts need to slow down to curb inflation, says Huw Pill
The Bank of England's chief economist cautioned that reducing interest rates too quickly could accelerate price increases, emphasizing the need for a more cautious approach to mana...
Read Full Article →Greene King vs Spoons: Who is winning the great British pub battle?
Greene King and JD Wetherspoon, as leading pub chains with extensive locations nationwide, play a significant role in the British economy by generating substantial revenue and offe...
Read Full Article →Lloyds Bank boss: No evidence of harm in motor finance scandal
The motor finance controversy has prompted regulatory scrutiny of Lloyds Bank’s past lending practices, highlighting potential risks but so far not revealing financial damage to th...
Read Full Article →Centrica: British gas owner to sell stake in North Sea gas field to Ithaca Energy
Centrica’s agreement to transfer nearly half of its interest in the Cygnus asset to Ithaca Energy is expected to generate approximately £215 million, impacting its overall investme...
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