BlackRock holds top spot for tenth time in ‘another bruising year’ for UK fund industry February 7, 2024 BlackRock came in first place for gross retail sales throughout the year, followed by Legal & General, Fidelity and HSBC AM.
London jobs market struggles to recover from impact of hybrid working February 7, 2024 "The persistence of hybrid working and slowing in many professional services sectors continue to be factors weighing on hiring demand in the capital," the report noted.
Lower Thames Crossing boss: HS2 debacle has driven investors and talent away from UK February 7, 2024 Struggles at HS2 are affecting other UK major infrastructure projects, the man leading the delivery of the UK's largest road tunnel has said.
Bank of England to cut interest rates in May as inflation forecast to undershoot target by summer February 7, 2024 Falling energy prices will push the headline rate of inflation below the two per cent target early this year, according to the National Institute of Economic and Social Research (NIESR).
FTSE 100 today: London markets likely to start higher, mirroring Asian peers February 7, 2024 Asian markets mirror the gains witnessed on Wall Street, supported by Beijing's escalating efforts to shore up its declining stock markets. Investors will closely monitor Fedspeak and UK house price data.
Cut interest rates or risk ‘more profound’ impact on UK economy, Bank MPC member warns February 6, 2024 Swati Dhingra, the only member of the MPC to back a rate cut last week, warned that the Bank of England was "underplaying the downside risks".
Pieminister serves up just £1,000 profit after absorbing costs to keep menu prices down February 6, 2024 Pieminister made a pre-tax profit of just £1,000 during its latest financial year after absorbing rising costs in a bid to keep menu prices down as much as possible.
Hopes of lower interest rates fuels optimism in the construction sector February 6, 2024 The sector has been hit hard by rising interest rates, which have sent a chill through the housing market and depressed new construction projects.
February rail strikes: Here’s everything you need to know February 6, 2024 Brits are facing yet another week of disruption next week as train drivers from the Aslef union walk-out in an ongoing feud over pay and working conditions.
Virgin Money warns of more job cuts to come after dropping 150 staff as it slashes costs February 6, 2024 Virgin Money warned of further cost-cutting and layoffs to come today after slashing its headcount in the first quarter of the year.