Smiths Group: Shares jumps as demerger on track May 20, 2025 British engineering firm Smiths Group posted a boost to revenue in the third quarter as it progressed on demerger plans. The group’s revenue jumped 10.6 per cent on the back of “strong performance and momentum in the order book”. Shares in the group rose over two per cent to 2,100p during early trading on Tuesday. [...]
Greggs gains momentum after lacklustre start to the year May 20, 2025 Greggs has reported an uptick in sales boosted by its expanded food and drink offering. Its share price rose six per cent as investors cheered the return to strong trading. The FTSE 250 company reported a 2.9 per cent increase in sales in the 20 weeks to May 17, an improvement from 1.7 per cent [...]
Half of UK millennials set to include crypto in investment portfolios May 20, 2025 Almost half (49 per cent) of UK millennials are planning to invest in digital assets such as cryptocurrencies in their investment portfolios, City AM can reveal. The significant number of millennials backing bitcoin compared to 27 per cent of Gen X investors and eight per cent of baby boomers, EY’s recent UK Wealth Report found. [...]
Is this the end of the private landlord? May 20, 2025 There has been a sharp divergence in the attitudes of private and professional landlords as new regulations continue to upend the sector, according to new data. While private landlords continue to become more negative – and threaten to leave the sector in droves – professional landlords are, dare we say, genuinely optimistic about the prospects [...]
Inflation set to ramp up after ‘Awful April’ May 19, 2025 Inflation is expected to have risen above three per cent last month in data which will reflect the costly impacts of what has been dubbed ‘Awful April’ due to tax rises and bill hikes. A Bloomberg poll of economists has predicted inflation to come in at 3.3 per cent, a sharp spike from March when [...]
UK retail investors flock to gold amid market uncertainty May 19, 2025 UK retail investors are flocking to gold amid increased uncertainty over tariff policy and an uptick in capital gains tax, from which the precious metal is exempt. Almost six in 10 investors surveyed by Charles Schwab UK (58 per cent) think that gold will increase in value over the next year, the highest number of [...]
EY’s £2.7bn legal fight over NMC Health audits May 19, 2025 A mammoth legal fight against EY over its auditing of a former London-listed health giant that collapsed after allegations of fraud starts today
Pret A Manger: Why prices rises are ‘inevitable’ after surviving ‘near-death crisis’ May 19, 2025 The boss of Pret A Manger in the UK has revealed the tough economic reality the country is currently facing means it is “inevitable” that some prices will have to be increased. Clare Clough admitted recent years have been “challenging” for the high street staple but that the brand’s number one priority is to find [...]
Should women’s football teams be building their own stadiums? May 18, 2025 Amid booming attendances and ahead of the Women’s FA Cup final, Becky Stormer of CBRE examines the case for women’s football teams to get their own new-build stadiums. 31 July 2022 was a pivotal day for women’s football. Since that time, with England’s historic victory over Germany in the Euros, interest, investment, participation and attendance [...]
One in ten Brits have no cash savings, City regulator says May 16, 2025 One in ten Brits do not have any cash savings, the City regulator has warned, concerning signs that hundreds of thousands of people could be unable to cover emergency bills. New research by the Financial Conduct Authority (FCA) has also suggested that a fifth of people have less than £1,000 available to draw on The [...]