August interest rate cut on a knife edge after ‘nuanced’ Bank of England survey July 4, 2024 "All told the DMP gave a nuanced signal this month," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
Barclays to sell German consumer finance business in latest European disposal July 4, 2024 Barclays has struck a deal to sell its German consumer finance unit to Vienna-based financial group Bawag as the FTSE 100 lender tries to streamline its operations in continental Europe.
UK funds receive record inflows in first six months of 2024 July 4, 2024 The first six months of the year saw UK investors bet big on markets and make record deposits into equity funds, with £1.7bn added in June.
Fall in housebuilding contributes to easing construction activity July 4, 2024 The construction sector remained in expansion in June, a closely watched survey shows, although the rate of growth eased due to a slowdown in housebuilding.
Over one million new cars registered in 2024 in post-pandemic record July 4, 2024 Data from the SMMT revealed the new car market grew 1.1 per cent in June as 179,263 vehicles rolled off factory lines.
Smith & Nephew shares jump after activist investor Cevian takes stake July 4, 2024 The FTSE 100 firm's stock price rose as much as seven per cent in early trading, with Cevian taking a shareholding of just over five per cent.
Government should penalise UK start-ups that list abroad – City lobby group July 4, 2024 An influential City lobby group has urged the next government to explore methods of penalising start-ups that receive taxpayer-funded support if they later opt to list or move valuable operations outside the UK.
UK payment firms urge next government to make tech giants refund fraud victims July 4, 2024 The UK payments industry has issued an election-day plea for the next government to make tech giants liable for the reimbursement of fraud victims, in a bid to alter new rules placing the burden on the financial sector.
Newriver Reit to more than double its retail portfolio following acquisition July 4, 2024 London-listed Newriver Reit has acquired the retail and town centre investment manager Ellandi in a move which will bring the landlord's assets under management to £2bn.
Balance sheet is ‘robust,’ insists plastics firm Victrex July 4, 2024 Victrex endured a difficult first six months in 2024, with its Medical business continuing to struggle significantly.
