British Business Investments reports sharp drop in annual profit November 14, 2023 British Business Investments reported a sharp drop in annual profit on Tuesday as it lamented a challenging economic backdrop in the UK. British Business Investments is a subsidiary of the British Business Bank, a government-owned development bank. BBI aims to improve access to alternative finance for smaller businesses in the UK while making a commercial [...]
FTSE 100 close: Phoenix helps London markets into the green as investors look to key inflation data November 13, 2023 "There is a little more optimism edging in on markets ahead of key inflation data out this week," Susannah Streeter said.
‘Last mile’ logistics and flight to quality gives British Land reason for optimism November 13, 2023 British Land, the developers behind Broadgate Circle, have seen a spike in demand for urban logistics hubs
Over £6,000 wiped off average house price in last four weeks November 13, 2023 The average price of a home coming on the market fell by more than £6,000, month-on-month, in November, according to Rightmove.
GDP: When is no growth in the economy a good thing? November 10, 2023 Ministers may have breathed a sigh of relief today as the UK economy narrowly dodged recession in the third quarter of the year after eeking out minor growth in September and August.
UK economy avoids recession edge as GDP shows no growth November 10, 2023 The ONS said services fell by -0.1% per cent, construction grew by 0.1 per cent and production was flat at 0.0 per cent, as the UK economy appeared to remain stagnant.
An easy target: Meet the firms being sued in Easygroup’s trademark war November 10, 2023 Easygroup has filed a record number of trademark lawsuits this year over the 'easy' brand. Here are some of the companies they are targeting.
‘Watershed moment’: Nationwide cuts mortgage rates to sub-five per cent – while arrears keep climbing November 9, 2023 Nationwide has launched the first two-year fixed mortgage below five per cent since June as lenders face pressure to offer better deals in a fiercely competitive market.
Taylor Wimpey warns of more housing pain – but better profits than first expected November 9, 2023 The FTSE 100 firm’s trading update mimicked that of its rival Persimmon, who on Tuesday warned of market trouble next year, while simultaneously raising the number of homes it plans to build.
Mark Kleinman: WeWork’s decline foretells trouble in the property market November 9, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.