Trainline sales continue to rise amid rail nationalisation fears October 28, 2024 Trainline has hiked its forecasts after a strong start to the second half of the year as demand for digital rail tickets continues to grow, sending shares up 10.6 per cent. The British train ticket seller said it now expects total sales growth between 12 and 14 per cent, compared to the eight to 12 [...]
Computacenter issues profit warning as troubles persist October 28, 2024 London-listed tech company Computacenter has slashed its full year guidance after prudent corporate spending and slow completion of orders damaged its third quarter performance. Although it expects to deliver a second half that is comfortably ahead of last year, Computacenter now expects its adjusted profit before tax for 2024 to be “modestly behind last year”, [...]
House prices rising slowly but 2024 still a ‘bumper year’ October 28, 2024 2024 is set to be a “bumper year” for house sales thanks to rising real incomes and lower mortgage rates, according to Zoopla’s latest house price index. The level of new sales has increased to its highest level since late 2020, the survey showed. There are 306,000 homes currently working through the buying process, 26 [...]
AIM listings hit 23-year low amid Budget tax speculation October 28, 2024 The number of AIM companies has fallen below 700 for the first time since 2001, new data has confirmed, as London’s junior market has been battered by speculation that a key tax relief for AIM shares may be scrapped in this week’s Budget. Some 92 companies have delisted from AIM in the past year, with [...]
Business confidence in UK economy falls ahead of Reeves’s maiden Budget October 28, 2024 Lloyds' Business Barometer fell by three points to 44 in October, down three points on the month before and a four-month low.
Why businesses are nervous ahead of the Budget October 28, 2024 Businesses are wary as Chancellor Rachel Reeves puts the final touches to her first Budget.
John Lewis set for Black Friday and Christmas hiring spree October 28, 2024 The John Lewis Partnership (JLP) is gearing up for a hiring offensive in the coming months as the retail group looks to bring in thousands of temporary staff for the festive season. Some 12,500 new workers are set to join its John Lewis department store and Waitrose grocery arm, up 4,100 on the same period [...]
Budget tax grab will put hospitality jobs at risk, trade groups warn October 28, 2024 UK business leaders have threatened to scale back on jobs growth and investment if business rates relief is not extended in the upcoming Budget.
Calls grow for Reeves to step back from capital gains tax raid on entrepreneurs October 28, 2024 Over a thousand entrepreneurs have signed an open letter to the Chancellor Rachel Reeves warning of the punitive effect of a potential hike in capital gains tax at the Budget on 30 October. Nearly 1,200 entrepreneurs have now warned of the risks that could follow the rumoured rise in Capital Gains Tax (CGT) and restriction [...]
Reeves fiscal rule change puts economy in danger of ‘crumbling’, City analyst warns October 28, 2024 "Tinkering with the definition of borrowing could be a big, if temporary, win," Nick Winters, a partner at Blick Rothenburg said.
