Number of new homes built in 2024 plunges by a fifth in blow to government house building targets May 13, 2024 "Rises in the Bank of England's base rate have driven mortgage rates higher, leading to a drop in new home purchases and a slowdown in house price growth," Steve Wood, chief executive of the NHBC said.
Sir Paul Smith takes aim at tourist tax as foreign shoppers ditch Mayfair for Milan May 12, 2024 Fashion legend Sir Paul Smith has joined the long list of business figures frustrated by the scrapping of VAT-free shopping for international visitors.
IAG: British Airways owner’s profit takes off ahead of bumper summer May 10, 2024 British Airways' owner the IAG has said it is "well-positioned" for another busy summer as profits rose sevenfold on strong demand.
Shakespeare’s Globe back in black after successful summer and demand for £5 tickets May 9, 2024 A "particularly successful" summer season and its popular £5 ticket helped Shakespeare's Globe achieved a surplus for the first time since the Covid-19 pandemic.
Allica Bank chief bets on rapid growth to force improvement in SME finance May 9, 2024 Allica only launched in 2020 but has already become a certified fintech darling. It was named by Deloitte as the UK’s fastest-growing fintech last year and in April posted its first annual profit of £16.1m.
Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’ May 9, 2024 "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.
Ocado appoints ex-BT chief Gavin Patterson to board in push for tech giant status May 9, 2024 Ocado has appointed former BT Group chief executive Gavin Patterson to its board as the online grocery firm looks to build its reputation as a technology heavyweight.
The fight is on for the soul of the Conservative Party May 6, 2024 Rishi Sunak looks safe for now, but after a local election drubbing the battle for the future of the world’s second oldest political party, writes Jessica Frank-Keyes They say it’s the hope that kills you. And throughout Friday afternoon and evening, as the Tories hung on in Tees Valley, and whispers emerged of a Conservative [...]
London Mayor: Count Binface beats ‘Britain First’ immigration candidate May 4, 2024 Count Binface, the satirical political candidate, is ahead of Britain First's immigration candidate Nick Scanlon in the London Mayoral election.
BT taps Blackstone boss to lead communications team May 2, 2024 British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.