HSBC slows down hiring and reins in bankers’ expenses in cost-cutting drive July 2, 2024 HSBC is reportedly slowing down hiring and encouraging staff to rein in some expenses as Europe's biggest bank looks to cut costs.
Brits flock to cash ISAs as tax hikes bite July 2, 2024 Households deposited £4.2bn into cash ISAs during May, the highest figure for the month. It followed a record-breaking April, which saw a net inflow of £12.3bn.
Motor finance test cases against Close Brothers and Firstrand head to Court of Appeal July 2, 2024 A test case containing three cases relating to motor finance commission will be heard at the Court of Appeal this week.
Shop price inflation drops to lowest level since October 2021 as retailers slash prices on TVs July 2, 2024 Retailers slashing prices on TVs to capitalise on the Euros helped push shop price inflation to its lowest level since October 2021.
Knight Frank: Investment in UK hotels jumps 50 per cent in a year July 1, 2024 Major deals by Blackstone, Landsec and Starwood Capital contributed to over £3bn of investment into UK hotels in the first half of 2024, already surpassing the total for last year by 50 per cent, Knight Frank data has revealed.
UK mortgage market still ‘precarious’ amid uncertainty over timing of interest rate cuts July 1, 2024 Tom Cuppello, director of risk at Broadstone, said the housing market's recovery remained "precarious" amid uncertainty over the timing of interest rate cuts.
Growth in UK manufacturing sector slows but continues to ‘recover solidly’ July 1, 2024 This helped to offset continued weakness from overseas markets, with inflows of new work from abroad falling for the 29th month in a row.
UK company interest payments skyrocket as rate hikes eat into profits July 1, 2024 UK company interest costs have skyrocketed almost 30 per cent as higher interest rates and rising debt ate into the profits of British businesses.
How we achieved the largest pre-seed funding round raised by female founders in Europe July 1, 2024 Why are millennials, who are estimated to have nearly £300bn in cash savings, not investing their money?
UK GDP grows faster than expected in Q1 June 28, 2024 The UK economy grew faster than expected in the first quarter.