Business and trade secretary Kemi Badenoch is in Nigeria to sign a landmark investment deal dubbed the ‘first-of-its-kind’. An agreement will be penned on Tuesday to support trade between the …
Personal Finance
Why are UK banking stocks doing so badly despite bumper profits?
The UK’s biggest banks are set to post bumper annual profits when they report their 2023 results in the coming weeks. But why are they not being rewarded on the …
The Body Shop prepares to slash jobs and close stores as administration confirmed
Hundreds of jobs are expected to be lost and stores closed as The Body Shop officially entered administration. Tony Wright, Geoff Rowley, and Alastair Massey of business advisory firm FRP …
FCA bans London Capital & Finance boss over scandal which lost investors more than £200m
The Financial Conduct Authority (FCA) has fined and banned one of the former bosses of London Capital & Finance (LCF) today over his role in the mini-bond scandal that left …
Shift: The new Yodel owner backed by Sir Andy Murray and the Duke of Norfolk
After months of uncertainty and its future hanging in the balance, delivery group Yodel has new owners. A consortium led by the fast-growing Shift, dubbed the ‘Uber for removals’, and …
London Euston to Birmingham route blocked after landslip as thousands face disruption
Thousands of passengers travelling on the West Coast Main Line between Birmingham and London, one of the UK’s busiest rail routes, are facing disruption caused by a landslip near Rugby. …
Bank of England still on course for May interest rate cut despite strong pay growth
There’s a hawkish undertone to this morning’s labour market figures which may concern the Bank of England. Wages slowed, but not by as much as both the City and the …
Historic Adnams brewery calls in advisers to ‘explore options to fund growth plans’
152-year-old Suffolk brewer Adnams could be the latest victim of inflation and rising costs, as it calls in advisers to help save the firm from going down. Historic premium bottled …
Aston Martin in talks with bankers over debt pile as repayment deadlines loom
Aston Martin is in talks with bankers over how to handle its £1.1bn debt pile, its executive chairman Lawrence Stroll has said. In an interview with Bloomberg Television, Stroll said: …
Thames Water admits there will be MORE leaks this year than last
Thames Water will likely leak more water for this year than it previously told investors and the UK’s water regulator, it has been revealed. In the company’s industry-mandated service commitment …