The UK tech and media companies making the most of AI August 16, 2024 As the artificial intelligence (AI) revolution sweeps through the tech and digital media sectors, some companies are embracing its potential more effectively than others, according to a recent report by Shore Capital. The investment firm has zeroed in on companies where AI is more than just a buzzword and can “accelerate an already positive investment [...]
UK retail sales tick up in July after summer discounts and Euros boost August 16, 2024 Friday's data is among a raft of economic figures released this week that will provide key indicators for Bank of England policymakers as they decide whether to cut interest rates in September.
Crisis in Bangladesh shows that draconian regimes are always doomed to fail August 16, 2024 Repressive governments don’t just brutalise their people, they impoverish them too, writes Will Cooling
Prime London property bounces back after election despite tax uncertainty August 15, 2024 Buyers have returned to prime London properties after the election despite uncertainty around the government’s position on tax changes, new data shows. Sales in July were at their highest on a year-to-date monthly basis, although the average price of a property fell by five per cent on an annual basis, LonRes has found. The number [...]
Admiral shares fly to the top of the FTSE 100 as firm hikes dividend amid profit surge August 15, 2024 Admiral Group has reported its half-year turnover leaped 43 per cent to £3.2bn, due to a strong performance in insuring UK motors
Magners and Tennent’s owner C&C outperforms in tough alcohol market August 15, 2024 Drinks company C&C, the owner of brands such as Magners and Tennent’s, has said it’s on track to meet expectations this year despite well-documented troubles in the alcohol industry. The firm, which is headquartered in Dublin, said in an update ahead of its AGM that it remained “confident” of achieving its set goal and that [...]
Mecca Bingo owner The Rank Group surges back to profit as people return to casinos August 15, 2024 The owner of Mecca Bingo, The Rank Group, has surged back into the black with profit that outstripped previous expectations. The London-listed group, which is headquartered in Maidenhead, saw its net gaming revenue grow by nine per cent year on year to £734.4m in the 12 months ending June 30, 2024, up from £671.4m in [...]
Empiric Student Property rental growth strong as re-booking set to reach record high August 15, 2024 Empiric Student Property’s like-for-like rental growth hit 10.5 per cent in the first half of its 2024 financial year as the demand for student property exceeded demand. The firm, which owns and operates student accommodation at top UK universities, reported revenue growth of 2.7 per cent over the six months to 30the June. Adjusted earnings [...]
UK economy grows 0.6 per cent in second quarter, in line with expectations August 15, 2024 The UK economy grew in line with expectations in the second quarter of 2024, as it continued to bounce back from a shallow recession.
Dear Keir Starmer and Labour, please double down on funding Team GB athletes August 15, 2024 Sport columnist Ed Warner reflects on the Paris 2024 Olympic Games, the Team GB medal haul and UK Sport funding. Dear Sir Keir, Ms Reeves and Ms Peacock, How do you feel about Team GB’s medal tally at the Olympics? More medals, 65, than last time out in Tokyo and equal to the London 2012 [...]