Lloyds set for uptick in annual profits as investors look for clues on motor finance probe February 17, 2024 Lloyds Banking Group is set to report an uptick in annual profits next week on the back of higher interest rates, with its cost control, impairments and exposure to an FCA motor finance probe in focus.
Meet the Tough Mudder founder growing a Netflix-backed immersive gaming revolution February 17, 2024 Immersive Gamebox is plotting an ambitious expansion, aiming to reach 100m players across 1,000 sites by 2028.
‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy February 17, 2024 "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".
Has the ‘squeezed middle’ come true for UK asset managers? February 17, 2024 As data for the end of the year has trickled out over the last month, it has become clear that 2023 was a poor year for mid-sized asset managers, after they suffered an already bruising 2022. The idea of the ‘squeezed middle’ has been a pervasive business cliche for some time, but it seems to [...]
Rolls-Royce eyes £1.4bn profit as turnaround continues. But could the long lost dividend return? February 17, 2024 Rolls-Royce investors will get a clear picture of the company's turnaround under new chief Tufan Erginbilgic next week.
FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar February 16, 2024 "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.
Telco battle hots up as Virgin Media O2 launches challenger to BT Openreach with new broadband unit February 16, 2024 Virgin Media O2 has announced plans to establish a new national fixed network company alongside two of its major shareholders.
Brits to get ‘much-needed respite’ with energy price cap to drop by 15 per cent February 16, 2024 It said the cap will keep going down until July, which is also due to the seasonal change, causing less Brits to use oil and gas for heating especially.
Abu-Dhabi backed RedBird IMI makes £1bn swoop on another London media company, All3Media February 16, 2024 Investment fund RedBird IMI is set to snap up British TV and film production company All3Media just months after pouncing on the Telegraph.
Recession or rebound: Where is the UK economy after blockbuster week of data? February 16, 2024 The UK is in recession, but there are also signs of a rebound. Inflation lower was than expected but wage pressures remain strong. What does it all mean?