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By: Kat Denham

All 247167 Articles
  • Lloyds and Close Brothers shares drop as FCA motor finance review looms

    January 17, 2024

    Shares in Lloyds Bank and Close Brothers extended losses on Wednesday as investors digest a surprise increase in inflation and analysts estimate the two firms could be rocked by a City watchdog review into motor finance.

  • London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data

    January 17, 2024

    The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.

  • Childcare costs mean it makes ‘no financial sense for many mothers to work’: official report

    January 17, 2024

    London’s economy could be being held back by around £5bn a year due to issues with childcare costs and shortages.

  • Why December’s inflation surprise is not a moment to panic

    January 17, 2024

    How worrying are December's inflation figures for the Bank of England? And what does it mean for when interest rates will start being cut?

  • JD Sports defends board member and former Amazon director despite shareholder worries about ‘poor attendance’

    January 17, 2024

    JD Sports has said it is satisfied with the performance of a former Amazon director to its board, after shareholders voiced concerns about their “perceived” poor attendance. 

  • Wizz Air to refund passengers £1.24m after regulator’s enforcement action

    January 17, 2024

    Wizz Air has been forced to pay out £1.24m in refunds to passengers after enforcement action from the UK's aviation regulator.

  • Pearson’s virtual schools slow amid tech drive for publisher

    January 17, 2024

    Pearson has reported a 20 per cent slowdown in its virtual learning unit as it attempts to pivot to become a tech-first company.

  • Mitchells and Butler: All Bar One owner lifts guidance as cost pressures ease

    January 17, 2024

    All Bar One owner Mitchells and Butler (M&B) expects profits to be at the top end of forecasts as it cautiously cheered an end to tough cost pressures. The no-frills pub chain, which also owns Toby Carvery, said that like-for-like sales were up 7.7 per cent in the two months to January, over the Christmas [...]

  • 888 shares dive as gambling red tape causes bookie revenue to tumble

    January 17, 2024

    William Hill owner 888 has said a move away from dotcom markets and increased gambling red tape caused a drop in revenues in 2023.

  • Mulberry blames tourist tax and slowdown in luxury demand for falling sales

    January 17, 2024

    British fashion house Mulberry has blamed a slowdown in demand for luxury spending for a nine per cent decline in sales over the golden quarter.

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