Pennon acquires Sutton and East Surrey Water for £89m to expand southern England footprint January 10, 2024 Pennon Group acquires SES Water for £89m in bid to expand to southern England.
The Notebook: Turo’s Xavier Collins on why the UK needs to regain its risk appetite January 10, 2024 Where the City’s movers and shakers get a few things off their chest. Today, Xavier Collins, vice president at Turo, takes The Notebook pen.
HMRC: Accountants urge Brits to fight taxman as penalties spike to new record January 10, 2024 The value of HMRC tax penalties surged by 25 per cent between 2022 and 2023 to its the highest level on record, new data has shown, as the government faces criticism for unfairly fining struggling businesses.
Banks at risk from exposure to ‘opaque’ private equity sector, regulator warns January 9, 2024 Benjamin, who will be joining the Bank of England's Financial Policy Committee (FPC), noted that UK businesses now get as much funding from the non-bank sector as from traditional lenders.
Building materials supplier SIG warns of tough conditions as headwinds buffet construction market January 9, 2024 Housing supplier SIG rode out sluggish market conditions and expects to post profits at the upper end of its guidance, as investors hope for an upturn in fortunes this year. The firm said it expects revenues of almost £3bn in an update published this morning, with profit being between £50-55m, at the upper end of [...]
London-based tech company with ‘unlimited growth potential’ gets new chief January 9, 2024 London-headquartered tech company IFS has announced a leadership shake up as it prepares for its next stage of growth.
Worrying signs for the economy as recruitment giant Hays issues profit warning January 9, 2024 The listed company’s fees were down 10 per cent overall and 17 per cent in the UK, as a slowdown in the economy hit recruitment numbers
Financial sector contracts for the first time in over three years, CBI survey finds January 9, 2024 Both banks and insurance firms reported a drop in volumes, although investment management firms returned to growth.
Pubs enjoy bumper December despite rail disruption January 9, 2024 Brits heading out to Christmas parties helped drive spending in bars and pubs higher by 7.9 per cent in December despite rail strikes.
Mid-sized businesses on edge as consumer spending fears grow January 8, 2024 A fear for the health of the UK economy has caused mid-sized businesses to be cautious of a fall in consumer spending, new research shows.