Barbeary could miss Six Nations after red in epic Bath victory over Racing 92 January 14, 2024 Alfie Barbeary is at risk of missing England’s Six Nations campaign after the No8 received a red card in Bath’s impressive 29-25 Investec Champions Cup victory over Racing 92. The back-row, who is yet to play for the national team, was fortunate to only see referee Andrea Piardi show him a yellow card six minutes [...]
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 [...]
UK economy: GDP rebounds in November but still on recession knife-edge January 12, 2024 Whether or not the UK ends up falling into recession at the end of 2023, analysts have turned more optimistic on the economy's prospects over 2024.
UK government rejects calls for banks to pre-fund multibillion-pound deposit guarantee scheme January 11, 2024 The government has confirmed that it does not want British banks to imminently pay billions into a deposit insurance guarantee scheme designed to reduce the burden on taxpayers if lenders fail.
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.
Former boss of Gupta-linked Wyelands Bank fined over breaches of senior manager rules January 11, 2024 The main banking watchdog has fined Iain Mark Hunter, former chief executive of wound-down Wyelands Bank, £118,808 for “material breaches” of senior manager rules, including how the lender handled ties to steel tycoon Sanjay Gupta. The Bank of England’s Prudential Regulation Authority (PRA) found that between 7 March 2016 and 28 May 2020 Hunter breached conduct [...]
Labour Party Conference helps slash losses at Eurovision Song Contest venue January 11, 2024 The UK's Eurovision Song Contest venue saw its losses slashed after the return of major events such as the Labour Party Conference.
Bailey: Household finances ‘nowhere near as stressed’ as during financial crisis January 10, 2024 Bailey pointed to a couple of mitigating factors which had protected households from the rise in interest rates.
Teesworks: What it is and why it’s controversial after profits at the flagship regeneration site spike January 10, 2024 Teesworks, one of the UK's largest regeneration projects, enjoyed a surge in its revenue and profits during its latest financial year. Here's why the scheme is con controversial.
Don’t be fooled by data quirks, sky high interest rates are hurting Brits January 10, 2024 Higher interest rates are good news for some, but we should not let that distract from the overwhelming reality, writes Kevin Ferriter.