“Stumbling from lamppost to lamppost”: Making sense of the UK’s GDP figures January 12, 2024 New GDP figures out this morning showed a better than expected economic performance in November - but it's more complicated than that.
Q&A: Who are the Houthis, and why are we involved in Yemen? January 12, 2024 The UK, in concert with the USA and with the backing of a raft of nations including Canada, Australia and Bahrain, last night launched military attacks on facilities used by Houthi rebels in Yemen. The Houthis have in recent months begun targeting international shipping passing through the Red Sea. Earlier this week a British warship [...]
Business behind Secret World War II tunnels to float on London market January 12, 2024 A business planning to turn secret World War II tunnels under Holborn into a tourist attraction has announced plans to float on the London stock market.
Oil engineer Wood Group sees profit lift as order book strengthens January 12, 2024 Oil industry services company Wood Group has posted a near double-digit profit uptick on the back of a bevvy of major contract wins.
Vistry: Mortgage rates buoy housebuilder as profits top expectations January 12, 2024 Housebuilder Vistry said it was “optimistic” on recent cuts to mortgage rates today as it revealed it topped profits expectations last year. In a trading update this morning, the FTSE 250 housebuilder said pre-tax profits for 2023 were ahead of its previous guidance and in line with last year at £418m. The group also slashed [...]
Metro Bank: Troubled lender’s CFO to leave after turbulent 12 months January 12, 2024 James Hopkinson has been the bank's CFO and executive director since September 2022 after serving in a similar role at ClearBank.
Burberry shares crater after luxury goods profit warning January 12, 2024 Burberry now expects adjusted operating profit for the financial year ended 30 March 2024 to be in the range of £410m to £460m.
RAF launches strikes in Yemen in retaliation for Houthi Red Sea shipping attacks January 12, 2024 Yemen: The RAF, in concert with the Americans, have launched strikes on Houthi rebel facilities in an effort to bring to an end Red Sea shipping disruption
Over a dozen black-owned businesses in London awarded £10,000 in funding support January 12, 2024 A boost for 13 black-owned businesses in London is underway as the winners were announced for the 2024 UberEats Black Business Fund. Run by the small business support platform, Enterprise Nation, the campaign works to tackle the ongoing funding challenges that face underrepresented businesses in the hospitality sector. “It’s an industry that’s been squeezed tightly by higher [...]
Sainsbury’s launches new EV charging unit to address UK shortage January 12, 2024 Sainsbury's has today launched a new EV charging business designed to give customers access to chargepoints at its stores.