UK risks missing energy goals due to poor investment climate, industry body warns February 20, 2023 Britain’s climate targets and energy security goals are at risk from its poor investment environment, warns Energy UK.
Lloyds Bank profit poised to be held back by setting aside millions to cope with cost of living defaults February 20, 2023 A build up of reserves to cope with an expected jump in loan defaults and a slow down in the mortgage market is expected to have held back profits at Lloyds Bank last year, results out on Wednesday could show. Britain’s biggest mortgage lender is poised to be the latest bank to underwhelm markets in [...]
High fares are putting Londoners off public transport, new data reveals February 20, 2023 High TfL ticket prices are deterring more than one third of Londoners from using the Tube, buses and trains, data has revealed. Some 37 per cent of Londoners said ticket prices put them off using the capital’s transit networks, according to a survey by Hitachi Rail. It also found that more Londoners are put off [...]
A REIT mess: Home REIT execs to be grilled on takeover approach and shoddy housing at AGM February 20, 2023 Beleaguered housing investor Home REIT is set to be grilled by investors today over the state of its finances, its dilapidated property portfolio and the suitability of a recent takeover approach from a firm with links to its former investment advisor. The troubled former FTSE 250 firm is due to face shareholders at its annual [...]
Could financial services dealmaking rebound this year? EY thinks it might February 20, 2023 The value of dealmaking among UK financial services firms could rebound this year after a sharp slump in 2022, as volatile valuations settle and private equity firms swoop back into the market, EY has predicted. The predictions come after the total value of deals in the UK fell 40 per cent last year to £15.2bn [...]
House prices rose just £14 last month as Bank of England rate hikes chill demand February 20, 2023 UK house prices rose by just £14 last month indicating possible buyers are turning their noses up at sellers slapping huge tickets on their homes, new figures out today reveal. The average asking price for a home in the UK came in at £362,452, making last month’s increase the smallest between January and February since [...]
Culture war concerns are creating new divisions for Conservatives to traverse February 20, 2023 Rishi Sunak has dug a line in the sand on culture war issues, but it's already created new ideological division which could split the Conservative Party, writes Eliot Wilson
To stay out of a recession, we need to get on with hashing out a deal on Northern Ireland February 20, 2023 Since the UK voted for Brexit, Northern Ireland has been a headache for politicians and businesses alike. Time to finally end the madness, writes Chris Hayward.
Crypto AM shines its spotlight on REKT Partners February 19, 2023 Spotlight on REKT Partners - a specialist reputation management and crisis communications consultancy focused on the crypto sector.
Buy-now pay-later complaints jump as shoppers rely on providers amid cost of living crunch February 19, 2023 Shoppers are filing more complaints about buy-now pay-later (BNPL) firms to the UK's financial complaints body as shoppers turn to firms like Klarna and Zilch to fund their spending in the cost of living crisis.
