House prices continued to fall in February, but private rents hit their highest level on record, the latest readings from the ONS have found. UK house prices fell by the …
Retirement Planning
Traders bet on Thames Water crisis contagion as firm races to agree survival plan
Traders at major US hedge funds are betting against the debt and equity of British water companies amid fears over their levels of debt and the risk of contagion across …
Metro Bank cancels bonuses for all executives after turbulent year and rescue
Metro Bank has cancelled the bonuses of all its executive directors following a turbulent 2023. The London-listed branch-focused lender was forced to be rescued from potential collapse by a major …
‘First of its kind’: Prominent lawyers write to Prime Minister for urgent support on Genocide Determination Bill
Senior prominent lawyers among signatories of a letter sent to the Prime Minister and Foreign Secretary asking them for urgent support of the Genocide Determination Bill. The Bill was introduced …
Andy Murray receives French Open boost as he steps up injury comeback
Andy Murray has been included on the entry list for next month’s French Open as he continues his recuperation from an ankle injury. The Briton ruptured ligaments at the Miami …
Workspace Group reports ‘resilient’ customer demand in the fourth quarter
Flexible office space provider Workspace Group reported resilient customer demand in the fourth quarter ending March 31st, completing 343 new lettings. The FTSE 250 company said it saw “significant customer …
New data: UK tax take rising faster than any other rich country
The UK’s tax take has increased faster than any other major economy since 2019, according to new research from the Institute of Fiscal Studies (IFS). Although the UK started the …
‘Czech Sphinx’ West Ham director makes bid for Royal Mail owner IDS
A major European conglomerate led by Daniel Křetínský, who is known as the Czech Sphinx, has had a bid for Royal Mail’s parent company International Distributions Services (IDS) knocked back. …
Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data
Markets have grown increasingly jittery about the timing of the first interest rate cuts in the UK and the latest batch of data this week will have done nothing to …
Brooks Macdonald outflows surge to £300m as cost-cutting pays off
Investors in Brooks Macdonald pulled £300m from the asset manager’s funds last quarter, as the firm’s cost-cutting programme begins to come to fruition. The outflows were a significant uptick from …