UK banks could face major losses over FCA motor finance review January 15, 2024 UK banks could be on the hook for billions in compensation, according to analysts, after the City watchdog announced a review into unfair costs on discretionary car finance commissions.
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 [...]
Figma plots London office expansion despite fresh wave of tech layoffs January 11, 2024 Design company Figma is planning to ramp up its hiring this year in London amid a rapidly growing UK digital design market.
PS5s and perfumes boost seasonal sales at The Very Group January 11, 2024 Christmas ales at retailer The Very Group were boosted by the popularity of games consoles and perfumes, it has been revealed.
Mortgage rates are falling — how low could they go in 2024? January 11, 2024 More than 30 British lenders have slashed their home loan prices in the last two weeks as 2024 kicks off with a mortgage price war.
Storage giant Big Yellow bumps up rents to offset higher interest rates January 11, 2024 Self storage firm Big Yellow has said its revenues bumped up in the third quarter as it saw a pick-up in its reservations book.
Mark Kleinman’s City column: Why BAE chief Woodburn could be a slick choice for BP and more January 11, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column. This week he asks who might take the reins at BP, what next at Endeavour Mining, and a new retail platform BP’s board might legitimately be accused of many things in its handling [...]
Zahawi: ‘An honour’ to chair The Telegraph as rumours swirl of boardroom appointment January 10, 2024 Tory MP Nadhim Zahawi said on Wednesday it would be "an honour" to chair The Telegraph, if the opportunity arose.
Pubs enjoy bumper December despite rail disruption January 9, 2024 Brits heading out to Christmas parties helped drive spending in bars and pubs higher by 7.9 per cent in December despite rail strikes.
The Notebook: Victoria Scholar on why 2024 might be a reality check for investors January 9, 2024 Victoria Scholar, head of investment at Interactive Investor, on what markets can expect from 2024, if January's anything to go by.