Industry welcomes Labour plans to win over first-time buyers with housing reforms June 13, 2024 Opposition party Labour has promised a major reform to housing, if it wins the next general election, including support for first time buyers.
Clintons: Card giant axes stores and hundreds of staff as it slips back into the red June 13, 2024 Gift card giant Clintons has fallen back into the red after laying off hundreds of staff and closing more than 50 UK stores, as its owners grapple with its customers' changing shopping habits.
Virgin Money warns of margin and cost pressures as Nationwide merger looms June 13, 2024 Virgin Money has posted a rise in profit but warned of margin pressure and limited cost savings, as it gears up for a mega-merger with Nationwide.
Crest Nicholson: House builder’s profit craters 71 per cent ahead of new chief’s arrival June 13, 2024 House builder Crest Nicholson said operating profit slid in the first half of the year as the firm continues to be bruised by challenges in the property sector.
Starling Bank posts third annual profit ahead of expected London listing June 12, 2024 Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned IPO.
Number of borrowers behind on mortgages jumps to eight-year high June 11, 2024 Households are continuing to feel the strain from the Bank of England's interest rate hikes with the share of mortgages in arrears continuing to creep up.
‘Deepening crisis: London house building craters as UK pipeline at lowest since records began June 11, 2024 England's house building pipeline is at the lowest level since records began 17 years ago, as fresh pressure is piled on government parties to mend a “deepening housing crisis”.
Tesla out, Nvidia in: Where investors are putting their money June 11, 2024 Nvidia, Tesla and commodities: Victoria Scholar takes the Notebook pen to talk about the latest trends in retail investment.
Average mortgage ‘shelf-life’ cut in half as lenders raise rates June 10, 2024 The average "shelf-life" of a UK mortgage has nearly halved in a month, new data shows, as lenders raise rates on home loans.
Tandem Bank profitable for second year in a row as growth continues June 7, 2024 Tandem Bank has reported a jump in earnings and customer numbers.