Royal Mail chief warns network ‘not sustainable’ and ‘urgent action’ needed to save it January 18, 2024 The chief of embattled Royal Mail has called for "urgent action" as the postal service braces against inflation and dwindling letter volumes.
Young’s reports bumper Christmas sales as shareholders wave through City Pub Group deal January 18, 2024 Young and Co.'s pub chain said raked in bumper sales during the Christmas period as it sealed the acquisition of the The City Pub Group this morning.
Housing slump continues as Marshalls cost-cutting fails to halt revenue slide January 18, 2024 In a trading update, published today, Marshalls said actions to save around £11m annually, including factory mothballing, shift slashes and business re-shuffling couldn't prevent year-on-year group revenues falling by seven per cent to £671m.
Why UK equities could ‘turn a corner’ in 2024 January 18, 2024 UK equities will "turn a corner" in 2024 as analysts bet that growing optimism about the UK's economic prospects would provide a strong tailwind.
Cynergy Bank chief urges struggling SMEs to ‘de-risk’ current accounts January 18, 2024 The boss of challenger Cynergy Bank has said small firms are letting too much money languish in no-interest current accounts, as it launches a new offering that puts it in more direct competition with Britain’s major lenders. Chief executive Nick Fahy told City A.M. that small and medium-sized enterprises (SMEs) are increasingly struggling to afford [...]
It may get them elected, but overpromising will set Labour up for failure against unions January 18, 2024 It may be tempting to promise big, but Labour need only look to Northern Ireland to see the price of disappointment, writes Will Cooling.
500 UK jobs at risk after Aston Martin and Bentley cut ties with parts manufacturer January 17, 2024 Aston Martin and Bentley's decisions to terminate contracts with a UK company that makes car components has sparked fears that hundreds of jobs could be cut as the firm battles to survive.
FTSE 100 suffers worst day in five months after inflation surprise dampens rate cut bets January 17, 2024 London’s FTSE 100 has clocked its worst day in five months after new figures showed a surprise uptick in inflation at the end of last year.
‘HS2 all over again’: Heathrow expansion plans ‘f***ing off the wall,’ says Ryanair boss January 17, 2024 Heathrow and Gatwick Airport's plans for another runway are "pie in the sky," Ryanair boss Michael O'Leary has said.
Central bankers push back on interest rate cut bets but accept progress on inflation January 17, 2024 In the US, traders think there is a 60 per cent chance that the Fed will lower interest rates in March, according to CME Fedwatch.