Firms expect pay growth to remain higher than the Bank of England would like over the next year in an indication of the challenges faced getting inflation back down to …
Retirement Planning
Ronnie O’Sullivan makes $1m golden ball pledge after winning Saudi snooker event
Ronnie O’Sullivan has vowed to bank $1m (£780,000) by potting the golden ball when he returns to defend his World Masters of Snooker title in Saudi Arabia next year. O’Sullivan …
Pennon mega-deal for South East Water facing competition probe
A probe has been launched into Pennon Group’s water mega-deal for Sutton and East Surrey (SES) Water by the Competition and Markets Authority. According to a government update released today, …
Commuters, unglaze your eyes – is the design of London Bridge a ‘scandal’?
Is London Bridge a practical result of post-war planning or a horrific urban eyesore? Your answer may reveal a lot about you, writes Lucy Kenningham Consider London Bridge. No, not …
Entain hits record high online punters ahead of ‘significant’ UK regulations
Ladbrokes-owner Entain hit a record level of online customers last year as the globe’s betting boom showed no signs of slowing. Net gaming revenues were up 11 per cent in …
Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest provider of UK mortgages and savings
Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn. The two lenders announced …
ITV reports revenue drop due to ‘challenging’ advertising market
ITV has today reported a drop in overall sales for 2023 despite an uptick in digital revenue and a record performance from its ITV Studios business. In a year in …
House prices continue to rise despite higher rates says Halifax
House prices rose by 0.4 per cent in February, marking the fourth monthly uptick in a row, a new report by Halifax has found. Its latest house price index showed …
Harbour Energy records drop in revenue and production as windfall tax weighs
North Sea oil and gas producer Harbour Energy has reported a drop in revenue for 2023 as the price of oil fell from its peaks recorded in 2022. The London-listed …
Pagegroup: Recruiter ‘managed headcount’ down by 1,000 as profits hit by weak jobs market
Recruitment specialists Pagegroup slashed more than a thousand staff in the last year, as its profit took a hit from the slowdown in the jobs market. The London-listed company said …