Starling Bank posts third annual profit ahead of expected London listing June 12, 2024 Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned IPO.
DFS Furniture: Sofa retailer issues second profit warning as Red Sea disruption takes toll June 12, 2024 Sofa retailer DFS Furniture has issued its second profit warning this year in the face of tricky Red Sea disruptions and weak consumer spend.
Exclusive: Why this London-based AI firm has picked Aquis for its float next month June 12, 2024 Pri0r1ty AI automates tasks like writing press releases, regulatory news, and social media content, typically handled by multiple external agencies.
Economy stagnant in April thanks to wet weather as recovery falters June 12, 2024 Getting the economy firing again is a crucial election pledge for both Keir Starmer and Rishi Sunak.
We can’t borrow our way back to growth June 12, 2024 When 7.3 per cent of public spending goes on interest spending, the debt burden is completely unsustainable – and it’s only getting worse, says Paul Ormerod This week’s manifesto launches have made the poor state of the public finances clear – simply put, there’s very little money for any party to play with. One reason [...]
Election 2024: SMEs ‘yet to be convinced’ whether Labour or Conservatives will boost business June 11, 2024 Britain’s small and medium-sized enterprises (SMEs) have become divided on what a change in government could mean for the future of their businesses ahead of the general election on 4 July, according to data shared exclusively with City AM. A survey conducted on behalf of accountancy and business advisory firm Xeinadin highlighted that 41 per [...]
Election 2024: Rishi Sunak pledges National Insurance cut in Tory manifesto June 11, 2024 Rishi Sunak has pledged to "keep cutting National Insurance until its gone" as he unveiled the Conservative Party's general election manifesto.
Asda has been ‘left behind’ by Tesco and Sainsbury’s since Issa brothers’ takeover June 11, 2024 How has Asda performed compared to Tesco, Sainsbury's and Aldi since being taken over by the billionaire Issa brothers and TDR Capital?
FTSE 100 today: Blue-chip set for muted open ahead of Fed decision; UK jobs data key for direction June 11, 2024 US stocks hit record highs, Asian markets were mixed and Apple shares dipped after the AI demo. All eyes are now on the UK jobs report.
Bellway: Analysts cautious on outlook despite improving market for homebuilders June 10, 2024 Bellway has struggled to return to growth as interest rates have remained relevant.