Bank of England still on course for May interest rate cut despite strong pay growth February 13, 2024 In the final quarter of last year, regular pay dropped to 6.2 per cent from 6.7 per cent, above the Bank of England's forecast of six per cent. Not a big overshoot, but an overshoot nonetheless.
London Euston to Birmingham route blocked after landslip as thousands face disruption February 13, 2024 Passengers travelling on the West Coast Main Line between Birmingham and London are facing disruption caused by a landslip near Rugby.
Arm shares double in three days as investors cheer company’s AI-driven earnings boom February 13, 2024 Shares in the newly public chip company Arm soared over 40 per cent on Monday as a three-day rally post earnings continues.
Aston Martin in talks with bankers over debt pile as repayment deadlines loom February 13, 2024 Aston Martin is in talks with bankers over how to handle its £1.1bn debt pile, the marque's executive chairman Lawrence Stroll has said.
Historic Adnams brewery calls in advisers to ‘explore options to fund growth plans’ February 13, 2024 This comes after Adnams detailed its struggles in September, citing the heavy toll of both the pandemic and high inflation on the industry.
Gresham Technologies wins ‘strategic’ data contract ahead of US expansion February 13, 2024 Software company Gresham Technologies has secured a contract worth $1.5m (£1.2m) for its Clareti Control platform, designed to help financial institutions control their data.
TUI: Travel giant delivers record performance ahead of potential London market exit February 13, 2024 Tui has reported record first quarter revenues and earnings ahead of a potential exit from the London Stock Exchange in favour of Germany.
Parcel deliverer Yodel saved from brink by fast growing rival Shift February 13, 2024 Parcel delivery group Yodel has been saved from the brink of collapse by rapidly-scaling competitor Shift overnight.
Brits stop buying airfryers as sales drop at Salter owner Ultimate Products February 13, 2024 Consumer goods group Ultimate Products has said Brits are buying fewer airfryers than before, leading revenues to drop four per cent.
Wage pressures ease again but beat Bank of England’s expectations February 13, 2024 Rate-setters at the Bank of England have argued that pay pressures need to ease before interest rates can start being cut.