Heathrow: CMA tells aviation regulator to look at price cap again as row rumbles on October 17, 2023 The UK competition watchdog has largely upheld a ruling forcing Heathrow to slash the amount it charges airlines for using the airport.
Seraphim Space fund’s value falls back down to earth as share price tanked this year October 17, 2023 Seraphim Space Investment Trust (SSIT) has posted a decline in its net asset value as shares remain stuck in a rut.
Jupiter warns of ‘challenging’ landscape as assets fall and outflows tick up October 17, 2023 Funds group Jupiter warned economic uncertainty was continuing to weigh on investors’ appetite today as it reported a dip in its managed assets in the third quarter of the year.
Bellway: Tough mortgage market sees profit before tax fall of 18 per cent October 17, 2023 As a result of the unruly buyer market Bellway said it expects the average selling price of a home in the next financial year to be around £295k down from £310k in 2023.
Wage growth ‘past its peak’ in boost for Bank of England’s attempts to contain inflation October 17, 2023 The rate of pay rises slowed from record levels in a boost for the Bank of England, but remained at elevated levels, official figures show. According to figures from the Office for National Statistics (ONS), average wage growth excluding bonuses was 7.8 per cent between June and August, down slightly from last month and in [...]
It ain’t easy being green: Climate tech funding plunges as interest rates rattle investors October 17, 2023 Climate tech investment has plunged globally this year as recession fears and rising interest rates put the brakes on a green funding frenzy, new figures have revealed.
Higher debt interest payments means government will have ‘no room’ for tax cuts, IFS says October 17, 2023 The government will have "no room" for tax cuts as rising interest payments and slowing growth puts politicians in an increasingly tight fiscal space, the Institute for Fiscal Studies (IFS) has said.
Water suppliers share prices rally as investors welcome turnaround plans October 17, 2023 Some of the UK's largest waters companies have seen a bounce in their share price, with investor sentiment improving.
Strict EV targets risk increasing reliance on China, ex-Britishvolt boss warns October 17, 2023 Europe risks depending on China to meet its needs for EVs unless it waters down its targets, one of the founders of Britishvolt has warned.
Former Abellio chief: Here’s how to get British rail back on track October 17, 2023 Half a year on from leading a management buyout of the major Dutch rail and bus operator Abellio, Dominic Booth sits down with City AM.
