Why a recession does matter – and not just for Rishi Sunak’s career February 15, 2024 After months of debating whether the UK would fall into a recession, we finally have an answer. There's now a new debate: does it matter.
Ithaca Energy scales back North Sea investment due to energy windfall tax February 15, 2024 Ithaca Energy said today that its full-year earnings would be in line with its guidance, as the firm grapples with a sinking stock price. The North Sea oil and gas producer said 2023 production had been 70.2 thousand barrels of oil equivalent per day, matching expectations of 78-74. Last month, the firm’s chief executive Alan [...]
Stellantis chief warns of ‘turbulent’ year as Detroit Three strikes dent profits February 15, 2024 The chief executive of Stellantis has said the carmaker will remain "rock solid" ahead of a "turbulent" year, as operating profits fell.
Jeremy Hunt and Rishi Sunak’s uphill task just got a bit steeper February 15, 2024 Rates will come down - probably in May, maybe in June - but they will take time to filter through to the wider economy. With an election looming, can the Tories expect anything to turn up?
Swisscom last remaining suitor for Vodafone’s Italian business after Illiad snub February 15, 2024 Telecoms company Swisscom is reportedly the last company standing for a potential tie up with Vodafone's Italian business.
New names and colours for six London Overground lines announced February 15, 2024 London's six Overground lines are to be given a new name and line colour in a bid to make it easier for passengers to get around.
Jet2 hikes profit guidance after customers splash out on package holidays February 15, 2024 Jet2 has hiked its annual profit forecast amid "robust" pricing and soaring demand for its package holidays and flights.
Recruiter Gattaca sees income slide, cuts jobs amid cooling jobs market February 15, 2024 Recruiter Gattaca has reported its income from permanent jobs in the first half of 2024 is expected to slide down by 38 per cent.
GSK snaps up potential asthma treatment gamechanger in £800m deal February 15, 2024 GSK has completed the acquisition of Aiolos Bio, a company working on treatments for respiratory and inflammatory conditions.
Sabre: Leading motor insurance underwriters expect to exceed forecasts ‘across almost all key measures’ February 15, 2024 One of the UK’s leading motor insurance underwriters, Sabre Insurance, has boasted that it expects to outperform expectations in its upcoming results. In a trading update today, the group said it expected its 2023 results to “meet or exceed current market expectations across almost all key measures”. This included the group’s gross written premium, estimated [...]
