Yet another survey shows that the Bank of England’s interest rate hikes are slowly squeezing inflationary pressures out of the economy. The Bank of England’s own decision maker panel, which …
Financial Planning
Sunak eyes UK honours for JPMorgan boss Jamie Dimon and ex-Google chair Eric Schmidt
Rishi Sunak has reportedly put forward long-serving JPMorgan Chase boss Jamie Dimon and ex-Google chair Eric Schmidt for UK honours ahead of the general election on 4 July. Officials were …
Inditex: Zara owner unfazed by wet weather as viral Tiktok clothing drives sales
The owner of Zara, Bershka and Pull and Bear, has hailed a strong start to the summer as wet weather did not seem to deter shoppers from hitting the high …
Defence manufacturer Concurrent Technologies bags new contracts after acquisition
Concurrent Technologies, a designer of computer products for the aerospace sector, has bagged two new contracts via its recently acquired subsidiary, Philips Aerospace. The total value of the contracts comes …
Ian Poulter interview: I want to play on after my LIV Golf contract ends in 2025
Ryder Cup hero Ian Poulter on playing into his fifties, returning to the secene of his last win this week in the LIV Golf League, and why he’s not surprised …
Rentguarantor continues rapid growth as losses widen
Rentguarantor, an Aquis-listed provider of tenancy guarantees, saw its losses widen in 2023 despite a major uptick in revenue, average contract price and tenant contracts in the full year to …
FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant
Ocado and St James’s Place have been given the boot from the flagship FTSE 100 index in a quarterly reshuffle. The index includes the 100 largest London-listed businesses by market …
‘We wrestle on’: S&U blames regulatory pressure for ‘significant’ profit hit
Specialist auto and property lender S&U has warned that regulatory pressures have had a “significant impact” on its repayments and profitability, as the firm’s earnings dropped sharply in the first …
Mitie: Outsourcing firm based in London’s Shard posts record £4.51bn revenue after M&A spree
Outsourcing company Mitie Group posted record revenue of £4.51bn as new contract wins and a spate of M&A led to growth across the business. The figure marked an 11 per cent …
N Brown Group shores up bottom line amid slump in revenue
The owner of the Jacamo and Simply Be clothing brands has blamed macroeconomic challenges for the slump in revenue it reported in its full-year numbers. N Brown Group, which also …