Burberry: Shares spike as luxury giant’s transformation shows green shoots January 24, 2025 British luxury brand Burberry has reported a boost in demand for its core products after implementing a wide-ranging turnaround plan, although overall revenue has continued to fall. The company’s share price rose more than 14 per cent in early trades. Total retail revenue in the 13 weeks ended December 28 fell seven per cent, from [...]
The UK’s housing crisis is creating a generation of broke retirees January 24, 2025 The affordability crisis in the UK housing market is creating a generation who will still face monthly mortgage or rent payments well into retirement, according to a new study. With deposits increasingly hard to save up for and mortgages increasingly burdensome, few people will be free of housing costs by 2050, unless something changes. A [...]
The British Business Bank is a partner for the scale-up economy January 22, 2025 As the British Business Bank celebrates 10 years of impact, its chair, Stephen Welton, looks ahead to a new decade bridging the gap between the public and private sectors Business is inherently risky which is why you very quickly learn not to take success for granted. When it comes, celebrate, reflect on what you did [...]
FCA chair: Our growth push will test UK’s risk appetite January 20, 2025 The Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud and mortgage defaults. Writing in City AM today, Ashley Alder said the FCA will [...]
FCA: Going for growth means taking risks January 20, 2025 Ashley Alder, chair of the Financial Conduct Authority, says the financial services sector has long recognised that effective regulation can be a powerful enabler of growth. The question now is not should we embrace risk, but how much? January is a time to reflect, re-balance and re-focus. And this year, the relationship between regulation and [...]
Audi R8 V10 GT RWD review: A last blast in a landmark supercar January 18, 2025 The R8 was Audi’s first supercar – and might be its last. R8 production has already stopped and it won’t be replaced. After 18 years, two generations and countless special editions, this run-out V10 GT RWD (one of 333 cars worldwide, and only 15 allocated to the UK) is the end of the road. I [...]
The Debate: Will RTO mandates help or harm businesses? January 16, 2025 RTO mandates are riling up employees, but are businesses right to clamp down on working from home? Our writers hash it out in The Debate.
Don’t lose faith on UK interest rate cuts just yet January 14, 2025 What should we make of the outlook for inflation ahead of Wednesday's figures?
Why are returns on residential property falling in the UK? January 13, 2025 The amount of money sellers are making from residential property in the UK has shrunk to its lowest level in a decade, as a years-long boom in house prices slows, according to new figures. After years in which London property has delivered bumper returns for investors and homeowners, the slowdown has been felt most acutely [...]
Property analysts forecast strong spring as stamp duty deadline looms January 10, 2025 Activity in the UK’s property market closely followed government policies on tax last year, something set to continue as the reality of the stamp duty deadline sinks in for first-time buyers. Real estate experts have predicted a burst of activity in early spring ahead of the end of stamp duty relief for first homes, which [...]