Electric vehicle sales tumbled in January as private buyers opted out February 5, 2024 New electric vehicle (EV) registrations by private buyers fell by a quarter in January, as high costs continue to perturb customers.
Home REIT tenant facing regulatory probe over ‘unauthorised’ payouts for bosses February 5, 2024 The charity regulator has launched a probe into one of Home REIT’s top tenants amid concerns over “potential unauthorised” payments pocketed by the charity’s trustees.
Private equity trust Hgcapital reports asset value growth, throwing off sector concerns February 5, 2024 Private equity trust Hgcapital has sold various stakes in businesses at a 25 per cent premium, defying sentiment around exiting positions.
Why you don’t have to be a ‘rich whizz-kid’ to start a business: Here’s how much it costs February 5, 2024 Even now, with inflation and current economic circumstances to consider, Philip Salter, founder of the Entrepreneurs Network, said: "You don't have to be a rich whizz-kid to be an entrepreneur."
Farfetch hit with winding up petition as creditors attack rescue deal struck with chief Jose Neves February 5, 2024 Farfetch has been hit with a winding up petition amid claims its founder Jose Neves destroyed the value of the embattled retailer in the lead-up to its near £400m rescue deal.
More than £1tn languishing in low-interest savings accounts as Brits urged to shop around February 5, 2024 More than £1tn of savings is languishing in low-interest accounts, according to an analysis of Bank of England data, as Britons are urged to shop around for the best deals.
Hargreaves Lansdown red alert: Two funds fail value assessment February 5, 2024 Two of Hargreaves Lansdown’s 13 funds have been found to not provide good value, the firm revealed in its assessment of value report. The report, which is required by the Financial Conduct Authority to assess seven areas of each fund, uses a traffic light system for rating each area of a fund. Just three of [...]
Interest rates should remain high for ‘some time to come’, OECD warns February 5, 2024 The OECD warned that labour costs remain too high to be compatible with inflation returning to target on a sustainable basis.
Home REIT to publish long-delayed accounts despite struggling to access houses February 5, 2024 Home REIT is set to publish its long-delayed accounts in the second quarter of the year despite still struggling to access scores of properties in its portfolio, the firm announced today.
UK services activity rises at fastest pace in eight months February 5, 2024 The UK's services sector saw a "solid increase" in business activity last month, as well as an uptick in job creation, according to a closely watched survey.
