Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders April 20, 2024 The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Watch: M&C Saatchi looks ahead to new senior team April 19, 2024 M&C Saatchi has felt headwinds from the wider economy. Watch the latest.
Mortgages are up but don’t get too excited April 19, 2024 What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven MacDonald When it was announced [...]
Strong appetite for travel helps Easyjet reduce losses over the winter period April 18, 2024 Easyjet has continued to benefit from travellers' strong appetite for travel in the wake of the pandemic, seeing an uptick in passengers and reducing the traditional "seasonal" winter losses in its half-year trading update.
Our prison system is an economic and moral failure April 18, 2024 Few politicians want to talk about prisons. They should be braver
Highest monthly car insurance rates ‘very hard’ to justify, industry boss admits April 17, 2024 A boss at the trade body for British insurers told MPs today that the highest rates paid by motorists for monthly cover are “very hard” to justify, as the industry faces criticism for hiking prices amid the cost of living crisis.
Exclusive: Laybuy up for sale after turbulent time on public markets April 16, 2024 Buy-now pay-later firm Laybuy has put itself up for sale and is hunting for potential buyers following a turbulent few years on the public markets, City A.M. can reveal.
Superdry and Dr Martens shares tank on London exits and fears for the future April 16, 2024 Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
Tatton AM: Meet the one asset manager actually doing well right now April 16, 2024 Customers actually putting money into asset managers, rather than withdrawing billions, may seem like an unbelievable situation nowadays, but Tatton Asset Management is the rare exception. The AIM-listed company’s assets under management jumped by a whopping 27 per cent in the last year, after investors poured billions into their funds. Tatton AM now manages £17.6bn [...]
Chapel Down: Record harvest helps UK’s biggest winemaker fizz to the top April 16, 2024 Chapel Down has reported record company sales for the year ended 31st December following a strong harvest.