Starmer can’t keep blaming everything on the Tories August 29, 2024 Starmer will soon find out that he can’t keep piously contrasting himself with the previous government while snatching benefits from pensioners, promoting party donors and paying off his pals in the trade unions, says William Atkinson The most important number for Keir Starmer’s government isn’t 411 seats he won, the £22bn black hole that Rachel [...]
Households face ‘bleak’ outlook unless Starmer kickstarts growth August 29, 2024 The improvement in living standards will also be heavily weighted towards the start of the parliament.
Funerals giant Dignity cuts loss by almost £300m after quitting London Stock Exchange August 28, 2024 Funerals giant Dignity dramatically cut its pre-tax loss by almost £300m in the year it quit the London Stock Exchange, it has been revealed. The Sutton Coldfield-headquartered group, which delisted in May last year, has reported a pre-tax loss of £42.1m for 2023 having lost £327.9m in 2022. Newly-filed documents with Companies House also show [...]
Europcar: Airport passengers help UK sales pass milestone August 28, 2024 An increase in people hiring cars at airports helped revenue at the UK arm of Europcar surpass £400m during its latest financial year. The Leicester-headquartered division has reported a revenue of £403.8m for 2023, up from the £363.5m it posted for 2022. Newly-filed accounts with Companies House also show that its pre-tax profit jumped from [...]
Higher price of milk warning issued by Cravendale maker Arla Foods amid shortage August 28, 2024 Arla Foods, the maker of brands including Cravendale, Skyr and B.O.B milk, has warned that customers will face higher prices in the coming months amid a shortage of milk on a global level. The company said it “anticipates that volatile market conditions driven by geopolitical tension and uncertainty” will continue but that a positive trend [...]
Naked Wines ‘in much better shape’ despite further losses August 28, 2024 Online wine seller Naked Wines has reported a slump in profit and a higher loss despite “significant strides” made over the past few months to restructure the business. Total sales fell by 18 per cent year on year to £290m in the 52 weeks ended 1 April 2024, while the company’s statutory loss before tax widened [...]
London risks Swiftly squandering Eras Tour boost to the economy August 28, 2024 Taylor Swift’s Wembley gigs showed just how good London’s nightlife can be, but it’s all under threat from Nimbyism and over-regulation, says Emma Revell I am a strong believer that one of the best ways to get to know someone is to see what niche topic they can speak about positively and passionately, uninterrupted, for [...]
Price of the average London home on the rise as UK demand rockets August 28, 2024 The ‘average’ London home will now set you back more than £530,000 after house prices in the capital increased for the first time since April 2023, according to figures released today. Data from Zoopla’s latest house price index revealed that London property prices were up 0.2 per cent year on year in the first seven [...]
Oasis: UK economy set for ‘supersonic’ boost with reunion tour including Wembley gigs August 27, 2024 Statisticians can look forward to endless queries about Oasis' impact on the economy after the mercurial Mancunians announced a long-awaited reunion tour.
Pound sterling reaches two-year high against the dollar as interest rate bets diverge August 27, 2024 The pound was trading just under 0.2 per cent higher against the dollar at $1.322 having traded just below $1.3250 earlier in the day.