‘A few people tried to talk me out of it’: The Deutsche Bank analyst who opened up thriving Farmer J lunch chain October 31, 2023 Farmer J is on track to hit sales of c.£17m in 2023 and it has plans to open six more site launches next year.
We can’t just teach kids maths, they need to understand the stock market October 31, 2023 Rishi Sunak's plan to fix Britain's mathematical and numerical skills is a good one, but it needs to be complimented with plans to teach kids how to save and invest their cash, writes Daniel Harrison
Banks slammed for ‘doing as little as they can get away with’ to help savers October 30, 2023 The UK's biggest banks are "trying to do as little as they can get away with" to help savers as interest rates look set to stay high, a top Tory MP has said.
Small business confidence grows — but it’s still stuck in negative territory October 30, 2023 Small business confidence has not been in positive territory since last year
West End office rents forecast to double as financiers vie for top addresses October 30, 2023 Property expert predicts £300 per sq ft within a year as demand soars
Banks face tougher competition as profits boost from higher rates fades October 30, 2023 The UK’s major listed banks have warned that the tailwind from high interest rates that has driven bumper profits over the past year is coming to an end as lenders compete to offer better deals to customers. Barclays, Lloyds, NatWest, Standard Chartered and Santander reported third-quarter earnings last week, while HSBC released its results today. [...]
HSBC to buy back $3bn in shares as profits more than double October 30, 2023 HSBC announced yet another share buy-back programme as higher interest rates ensured that profit more than doubled in the third quarter.
Are UK restaurants struggling to ‘keep their heads above water?’ October 30, 2023 A combination of "pressures" could be to blame for struggling UK restaurants, noted associate director at Mazars Paul Maloney.
Why the outlook is bleak for UK firms despite first drop in profit warnings since mid-2021 October 30, 2023 Profit warnings among UK companies fell for the first time since 2021 in the third quarter, but access to credit is fast becoming a major concern for firms.
Square Mile’s job market shrinks as firms cut costs October 30, 2023 Job openings in the City's financial services sector have fallen for the second consecutive quarter as firms respond to high costs and overhiring.