Housebuilder Barratt to deliver profit ‘slightly ahead’ of expectations despite challenging conditions July 10, 2024 In a trading update covering the year to June, Barratt said that total home completions were at 14,004. Although this was down on 17,206 last year, it was still at the "upper end" of the firm's guidance.
Barratt becomes one of the most hated shares in the UK despite Labour bounce July 9, 2024 Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
Savers sees profit jump after cutting hundreds of jobs July 8, 2024 Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.
Brookfield: Private capital giant files to create UK insurer amid pensions deal boom July 8, 2024 Canadian private capital giant Brookfield has reportedly applied to establish an insurance company in the UK as it looks to grab a slice of Britain's booming pension insurance market.
Election 2024: What are Tories, Labour and Lib Dems pledging on sport? July 3, 2024 With the General Election just a matter of days away, we assess the approach that the major parties have taken when it comes to sport in their respective manifestos and what the potential consequences may be for the future of sport. Football Governance Bill The Football Governance Bill was one of the major legislative casualties [...]
The Notebook: Will Labour have the City’s back? July 2, 2024 Lucy McNulty, editor of Following the Rules podcast, takes the notebook pen to talk politics, Brexit, and the need to celebrate the City.
What makes King’s Cross London’s best train station? Competition July 2, 2024 Passengers on the East Coast mainline enjoy fierce fare competition and a choice of routes, so why isn’t this successful model replicated elsewhere on the network? Asks Tony Lodge What makes King’s Cross unique among London’s train stations? Why do passengers who use the station rate most of its train services the very best in [...]
Build, Baby, Build: Affordable housing is too hard to sell July 1, 2024 There is a quick fix to get house houses built: Reform Section 106 to make it more viable for developers to sell affordable housing, says Jonathan Seager Housing has been one of the top issues during this general election campaign, with political parties jostling to one up each other in their pledges to tackle a [...]
Nearly 60 Bank of England staff accept offers to relocate for work in Leeds June 26, 2024 Nearly 60 workers at the Bank of England have accepted offers to work at the central bank's expanded office in Leeds.
UK payment firms warn new fraud refund rules could ‘freeze’ systems in October June 26, 2024 The UK’s payments watchdog is under growing pressure from the firms it regulates to rethink new fraud refund rules that industry chiefs say could wreak havoc for both companies and consumers.