Bellway: Tough mortgage market sees profit before tax fall of 18 per cent October 17, 2023 As a result of the unruly buyer market Bellway said it expects the average selling price of a home in the next financial year to be around £295k down from £310k in 2023.
Strict EV targets risk increasing reliance on China, ex-Britishvolt boss warns October 17, 2023 Europe risks depending on China to meet its needs for EVs unless it waters down its targets, one of the founders of Britishvolt has warned.
Former Abellio chief: Here’s how to get British rail back on track October 17, 2023 Half a year on from leading a management buyout of the major Dutch rail and bus operator Abellio, Dominic Booth sits down with City AM.
The Notebook: Why I’m running to be a City Alderman October 17, 2023 Where the City’s movers and shakers get a few things off their chest. Today, executive search firm CEO Michael Barrington-Hibbert takes the pen From street trader to Alderman? Weaved into the heartbeat of the City, I’ve spent the last several months speaking to folks who work and do business in the Square Mile about what they love and what they’d like to change. [...]
FSB: Reform needed as issues with e-commerce are harming small businesses October 16, 2023 The Federation of Small Businesses (FSB) is calling for reform as new research suggests small businesses are facing an abundance of online marketplace challenges. The research, which surveyed 1,054 small businesses, showed 53 per cent of participants currently use an online platform for their business, with 71 per cent calling these “very important.” Yet 39 [...]
‘The death penalty is unhappy customers’: Dott chief on why London has lost control of its e-bikes October 16, 2023 The chief executive of Dott has described London’s e-bike market as “out of control,” after the group withdrew its vehicles from the capital.
Taylor Swift film dominates box office with £6m opening weekend October 16, 2023 Taylor Swift has smashed more records with the opening of her 'Eras Tour' concert film, raking in £5.7m at the UK and Ireland’s box office.
Telegraph sale continues as Barclay family bids higher October 16, 2023 Lloyds Banking Group has reportedly turned down an increased offer for the Telegraph newspaper and Spectator magazine from its former owner, and is pressing on with the auction.
UK law firms see billable hours fall as sector struggles with inflation October 16, 2023 The UK’s biggest law firms are concerned by a fall in billable hours this year as they struggle to cover cost pressures from inflation through pricing, according to a survey obtained by the Financial Times. PwC’s annual law firm survey, which City A.M. understands will be published on Tuesday, reportedly notes a slowdown in mergers [...]
Bitcoin rallies as SEC decides against appealing Grayscale’s ETF plans October 16, 2023 Bitcoin is up 3.8% over the 24 hours as the market leader rallies on the news that the SEC won't contest Grayscale's ETF moves.