Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders June 12, 2024 Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.
US inflation comes in below expectations as prices remain flat in May June 12, 2024 The figures come ahead of the US Federal Reserve's latest interest rate decision, due this evening.
EY UK boss Hywel Ball kickstarts leadership race after stepping down June 12, 2024 Hywel Ball, head of Ernst & Young's (EY) UK business, has told partners at the firm that he will step down as chair, kickstarting a race for one of the most prestigious jobs in British professional services.
‘Bad news’ for Upper Crust owner after watchdog calls for more rail station catering competition June 12, 2024 The Office of Rail and Road has been investigating whether a lack of competition in railway station catering has been bumping up costs for passengers.
Revolut investor writes-up stake by 20 per cent as ‘commercial traction’ grows June 12, 2024 One of Revolut’s top investors has written-up the value of its stake in the company by 20 per cent after delivering a bruising cut last year on the back of the fiasco over its accounts.
Old Vic Theatre: £20m needed to keep historic London venue running ‘a challenge’ June 12, 2024 The Old Vic Theatre said it faces a challenge to raise the more than £20m needed to keep its historic Waterloo home in working order, as it battles to create a financial model robust enough - despite the success of its record breaking musical Groundhog Day.
April GDP figures show scale of the challenge if Starmer wins the election June 12, 2024 Philip Shaw, chief UK economist at Investec, said "April’s numbers represent a blip in the recovery story rather than the start of a new downturn".
Safestore: Share price dips after ‘robust’ trading June 12, 2024 Shares in Safestore Holdings dipped in early trade, despite the self-storage provider reporting "solid" trading conditions in the UK market.
Rats! Rentokil London future in doubt after Nelson Peltz builds a stake June 12, 2024 Trian Partners, founded by Peltz, told Bloomberg News it had reached out to the Crawley-based pest-exterminator with ideas to “improve shareholder value” after building a stake that put it among the top 10 shareholders in the firm.
City watchdog clamps down on e-money firm Astropay owned by Uruguay’s first-ever billionaires June 12, 2024 The City watchdog has imposed restrictions on a fintech firm owned by Uruguay’s first-ever billionaires as it tries to improve standards in a more lightly regulated segment of the payments industry.
