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  • Caffè Nero creates over 1,000 jobs as sales jump by £100m

    March 1, 2024

    The group behind Caffè Nero created more than 1,000 jobs as its sales surged by more than £100m during its latest financial year, according to new documents.

  • Crash? What crash? House prices finally sneak into positive annual growth territory

    March 1, 2024

    UK house prices grew for year-on-year for he first time since last January, according to Nationwide’s latest report.

  • Why the Spring Budget could be crucial for prospective homeowners

    March 1, 2024

    For anyone looking to invest in bricks and mortar, the contents of Jeremy Hunt’s Budget red box will likely be a source of more than a little fascination.

  • Moving markets: Five things shaping the FTSE 100 today

    March 1, 2024

    Both the Nasdaq Composite and S&P 500 reached record highs, while the Nikkei also hit a new peak. However, China's manufacturing activity slowed for the fifth straight month. Oil prices surged amid Gaza deaths, complicating ceasefire talks. All eyes are on global factory PMI data.

  • The super-rich are getting richer, again – and millennials are leading the way

    February 29, 2024

    The number of wealthy Brits rose in 2023, more than reversing the decline reported post-pandemic in 2022. Ultra-high-net-worth individuals (UHNWIs) – classed as those with over $3m in net wealth – increased in the UK from 601,300 to 626,619 on global economic growth and easing interest rates, according to the Wealth Report by Knight Frank. “The improving interest rate [...]

  • Fed’s preferred measure of inflation picks up slightly as signs of persistence remain

    February 29, 2024

    On an annual basis, core PCE came in at 2.8 per cent, down from 2.9 per cent the month before.

  • Footasylum hails ‘record-breaking’ year as sales pass £300m

    February 29, 2024

    Footasylum has hailed a "record-breaking" year for the retailer which saw its sales pass the £300m mark.

  • Coventry Building Society sees profit boost from rate hikes as Co-op Bank merger talks continue

    February 29, 2024

    Higher interest rates have boosted Coventry Building Society's annual profits as the lender continues to negotiate a potential merger with the Co-op Bank.

  • Schroders profits slide in ‘one of the most challenging years of recent times’

    February 29, 2024

    Schroders reported a rebound in assets under management but a slide in profits today as it weathered “one of the most challenging years” for money managers “in recent times”.

  • Profit falls at Yorkshire Building Society but lender has record demand for savings products

    February 29, 2024

    A number of lenders have been the beneficiaries of poor savings rates on offer at the high street banks and Yorkshire Building Society reported that a record 693,000 savings accounts were opened last year, up from 537,000 in 2022.

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