The debt pile at Capita is coming down after a mass sell-off. But is it out of the woods? December 8, 2023 Capita has completed its plan to sell off all of its non-core businesses to work down its debt. But has it done enough to please investors?
FCA: Banks could be forced to enshrine cash access as branch cuts press on December 7, 2023 Banks and building societies will be forced to ensure customers have access to cash amid fears that the shift to digital payments is shutting out swathes of the population, under new rules tabled by the Financial Conduct Authority (FCA) today.
Evri-one’s fed up: Ofcom reveals Britain’s least favourite delivery firms December 7, 2023 Ofcom found that two-thirds of those it surveyed said they have had a delivery issue in the past six months.
Rail strikes continue TODAY: Here’s all you need to know December 6, 2023 Train drivers from the ASLEF union are set to continue this weeks' string of walkouts on Tuesday, halting services at a host of operators.
Investors pulling out of property funds thanks to ‘triple squeeze’ on sector December 6, 2023 Property funds were hard hit by outflows in November as fears rise that a temporary dip in property values may become more permanent.
The Notebook: Christine Braamskamp on avoiding festive fallouts this party season December 6, 2023 Christine Braamskamp, Jenner & Block London office managing partner, talks Christmas parties, festive fallouts and best of lists.
On the Beach rubbishes fears of consumer slowdown as forward bookings hit record December 5, 2023 On the Beach plans to bring back its dividend in 2024 as booming demand for travel helped the company report record revenue and bookings.
More than half of London’s bank branches have shut since 2015 December 1, 2023 The capital has seen 745 branches - or 58 per cent - close down in the past eight years, data from Which.co.uk revealed.
Dr Martens share price plummets 26 per cent after another slump in sales November 30, 2023 Another slump in sales has turned all eyes to Dr Martens today as the London-based bootmaker reported a 5 per cent dip in revenue, despite investors hoping for signs of turnaround. Dr Martens saw a revenue decline to £395.8m in the six months to September 30 as it continued to battle weakness in its US [...]
The Notebook: From Fleet Street’s face lift to the Premier League cartel November 29, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s our editor Andy Silvester with the pen Fleet Street’s face lift: A century-defying city transformation One of the more appealing things I’ve received in my inbox was a computer generated image of what a ‘new’ Fleet Street could look like. [...]