Rising costs fail to keep Brits from their cups of tea as Clipper owner posts record sales May 14, 2024 Rising inflation has failed to get in the way of the British public and their cups of tea after the company behind Fairtrade brand Clipper reported record sales.
International students are a growth strategy, not an immigration problem May 14, 2024 Higher education is an export worth more to the UK economy than tobacco. Rebranding international students as an immigration issue will do real damage to businesses, say Jamie Arrowsmith and John Foster Since 2019, this government has been quietly delivering one of the most successful strategic policies in recent memory. The target: to drive a [...]
Explainer-in-brief: Civil servants banned from wearing ‘politicised’ lanyards May 13, 2024 'Common sense minister' Ester McVey is cracking down on "pointless job creation" and banning lanyards as part of Civil Service reform.
SME lender Simply Asset Finance posts record revenue as small firms shun big banks May 13, 2024 Specialist lender Simply Asset Finance has posted a record annual revenue as small and medium-sized enterprises (SMEs) turn away from big banks for funding.
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.