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  • Christie: Hospitality services group ‘improved’ after Wilko-affected torrid year

    February 15, 2024

    Since August 2023 its share place dropped dramatically from 147.5p to 110.0p per share, representing a 27.27 per cent share decline overall in the last 12 months.

  • Londoners may have to wait 30 years or get a second job to buy a house

    February 15, 2024

    A bleak picture has been painted for prospective buyers in London in 2024, as a number of reports suggest that affordability will remain an issue this year. London has remained the most expensive part of the UK to purchase a home, due to the high demand to live in the capital.  Average house prices in [...]

  • Kwik Fit sheds 200 jobs as profits slashed on rising product and energy costs

    February 15, 2024

    Kwik Fit shed more than 200 jobs as its profits almost halved after being hit by higher product and energy costs during its latest financial year.

  • Fintech Checkout racks up £100m losses after creating 300 jobs

    February 15, 2024

    Checkout.com, one of the most valuable fintechs in Europe, haw seen its losses widen by over 400 per cent to more than £100m, it has been revealed.

  • Brexit left Britain more exposed to higher inflation, warns member of Bank’s MPC

    February 15, 2024

    Greene's comments come after a busy week of data for the UK economy.

  • Rachel Reeves: ‘Britain didn’t need a recession to bring down inflation’

    February 15, 2024

    "I don’t buy this argument that you need to have a recession to get inflation down," the shadow chancellor said at a press conference.

  • Eurozone growth for 2024 downgraded but inflation also set to fall further

    February 15, 2024

    The eurozone is now predicted to grow 0.8 per cent in 2024, downgraded from 1.2 per cent in its previous round of forecasts in November.

  • Why a recession does matter – and not just for Rishi Sunak’s career

    February 15, 2024

    After months of debating whether the UK would fall into a recession, we finally have an answer. There's now a new debate: does it matter.

  • BHP to book £5.3bn charge on Samarco dam disaster and nickel mine impairment

    February 15, 2024

    Mining giant BHP has said today it will take a non-cash impairment charge of approximately $3.5bn (£2.8bn) against the carrying value of its Western Australia Nickel arm

  • Recession confirmed for UK after GDP dropped 0.3 per cent in final quarter

    February 15, 2024

    The UK has struggled to generate any momentum over the course of 2023 due to the dual impact of rising inflation and high interest rates.

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