Frasers Group: What Mike Ashley’s retail empire’s endgame could be after Boohoo, Asos, Currys, AO and N Brown investments January 19, 2024 City AM's UK Editor Jon Robinson asks why Frasers Group has continued increasing its stakes in the likes of Boohoo and Asos and what the endgame could be.
500 UK jobs at risk after Aston Martin and Bentley cut ties with parts manufacturer January 17, 2024 Aston Martin and Bentley's decisions to terminate contracts with a UK company that makes car components has sparked fears that hundreds of jobs could be cut as the firm battles to survive.
London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.
House prices make biggest January leap since 2020 amid mortgage price war January 15, 2024 House prices made their biggest month-on-month leap in December to January since the pandemic, rising by 1.3 per cent to £359k.
Explainer: How Russia is dodging oil sanctions and what the West is doing about it January 13, 2024 G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect
New Lamborghini Lanzador electric SUV can be driven in Roblox January 12, 2024 The Lamborghini Lanzador has made a virtual debut on the Roblox gaming platform, years before the electric SUV's physical launch.
Lotus Emira I4 review: Entry-level sports car is the pick of the range January 12, 2024 We drive the new four-cylinder Lotus Emira I4: but does an exotic AMG engine and dual-clutch gearbox make for a better sports car?
Vistry: Mortgage rates buoy housebuilder as profits top expectations January 12, 2024 Housebuilder Vistry said it was “optimistic” on recent cuts to mortgage rates today as it revealed it topped profits expectations last year. In a trading update this morning, the FTSE 250 housebuilder said pre-tax profits for 2023 were ahead of its previous guidance and in line with last year at £418m. The group also slashed [...]
Persimmon: New home completions down a third as UK housebuilding woes continue January 10, 2024 High inflation and cost of raw materials has made it more expensive to build houses, while higher interest rates have suppressed demand for buyers.
Don’t be fooled by data quirks, sky high interest rates are hurting Brits January 10, 2024 Higher interest rates are good news for some, but we should not let that distract from the overwhelming reality, writes Kevin Ferriter.