Labour’s Rachel Reeves will unveil plans for a “new chapter” for Britain’s economy alongside reform to the Treasury as she delivers the prestigious Mais lecture. The shadow Chancellor will make …
Retirement Planning
Crest Nicholson shares drop as housebuilder says it will build 11 per cent fewer homes
Housebuilder Crest Nicholson said it is likely to build 11 per cent fewer homes in financial year 2024 as macroeconomic challenges dampen hopes of improving market conditions. The British firm …
Bentley profit falls as luxury car market falters
Bentley Motor Cars’ profit fell last year as a slowdown in the global economy impacted the luxury car market. The Cheshire-based firm, a subsidiary of Volkswagen, reported a 17 per …
Wickes plots expansion in home energy market after slight profit boost in 2023
Profit remained steady at Wickes in 2023 as the DIY firm announced the acquisition of solar installations company Solar Fast. Revenue in 2023 was unchanged on the year before, coming …
Sabre Insurance: Motor insurer posts record premium income on the back of price hikes
Sabre Insurance has posted a record premium income after the motor insurer reaped the benefit of price hikes while offsetting the impact of claims inflation. The firm reported a 31 …
Cider maker Thatchers toasts success despite ‘unprecedented economic challenges’
Sales at historic cider maker Thatchers increased despite the company facing “unprecedented economic challenges” during its latest financial year. The Somerset-based business, which was established in 1904, has reported a …
The Bank of England should cut rates soon – but timing is everything
The Bank of England has faced a growing tide of criticism that it risks being too slow in cutting interest rates having failed to respond quickly enough when inflation started to …
DFS issues Red Sea delivery delays warning as furniture giant slashes expectations
DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance. The furniture giant has said …
Talent agency that looks after Simon Cowell, Graham Norton and Claudia Winkleman sold for £60m
The London talent agency that represents the likes of Simon Cowell, Graham Norton and Claudia Winkleman has been sold for £60m. YMU, whose clients also include Nicole Scherzinger, Stacey Solomon …
Unilever to spin out ice cream business -including Ben & Jerry’s
Unilever is separating its ice cream business in a bid to create a leaner business, the consumer goods giant said this morning. The firm’s near-$8bn turnover ice cream division includes …