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  • Regional REIT posts steady earnings amid wider uncertainty

    May 22, 2024

    Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.

  • Mitchells & Butlers: Shares rise at All Bar One owner as profit hits £164m

    May 22, 2024

    Mitchells & Butlers said half-year profit soared as cost inflation eased, despite an "unavoidable" decline in pubs and restaurants over the last year.

  • Scale of tax and mortgage bombshell on London and south east “eye-watering”

    May 22, 2024

    The government has been criticised for a so-called “mortgage bombshell” hitting workers in the commuter belt after it emerged households are facing almost £9m in extra payments.

  • FTSE 100 today: London markets set to open higher if UK inflation falls in line with expectations

    May 22, 2024

    Asian indices mixed despite Wall Street's record highs; RBNZ kept rates steady. Investors await UK CPI, Fed minutes, and Nvidia earnings.

  • FCA boss threatens private equity with regulatory clampdown

    May 21, 2024

    The boss of the Financial Conduct Authority has told private equity firms to hand over more information or face a regulatory clampdown today in the latest sign that watchdogs are tightening their scrutiny of the sector’s threat to financial stability.

  • The rise and fall of 20th Century monetarism, according to one of Margaret Thatcher’s advisors

    May 21, 2024

    "There's not much in economics that is strictly scientific. Milton Friedman said this (monetarism) was a science and Margaret Thatcher sort of bought into that idea," Tim Lankester told City A.M.

  • The Works hoping to return to profit growth following challenging year

    May 21, 2024

    Discount books and crafts supplier The Works is hoping to deliver more than £8m in profits next year, following a challenging 12 months in which it closed dozens of shops across the UK.

  • Ocado: Marks and Spencer-linked grocer is fastest-growing for third straight month

    May 21, 2024

    Ocado has maintained its position as the fastest growing supermarket for the third month in a row, as efforts to cut prices continue to pay off. 

  • Pig farms, poultry and houmous: Cranswick profit rises after meaty investments pay off

    May 21, 2024

    Cranswick profit rose nearly a quarter to £176.6m as a string of investment in houmous, poultry and pig farming facilities paid off.

  • Assura and Universities pension scheme ink deal to invest in NHS buildings

    May 21, 2024

    Assura has annocuned a new bumper partnership alongside its results for the year to the end of March 2024.

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