Investing

The Competition and Markets Authority has ruled the £2.5bn merger between Barratt and rival housebuilder Redrow would likely result in a “substantial lessening of competition.” In a statement published today, the …

Housebuilder Persimmon has said it would build 10,500 homes this year—at the top end of its guidance— and has outlined plans to boost construction next year as Labour’s planning reforms …

As City A.M. bids adieu to its current home, Lucy Kenningham considers The Tiktokers With change comes loss. As City A.M. prepares to leave its current riverside offices, dubbed City …

An acceleration in rental growth and a more stable investment environment has helped office giant Derwent London upgrade its rental guidance. In its half-year results this morning, the FTSE 250 …

Deliveroo posted a profit of £1m in the first half of 2024, rebounding from a loss of £83m in the same period last year. Gross transaction value (GTV) came in …

Challenger bank Shawbrook has reported a dip in underlying profit for the first half of 2024 as looming interest rate cuts from the Bank of England narrowed its lending margins. …

Investment firm Hermes Pacific has become the latest company to exit the London Stock Exchange with bosses saying they believe its shares are undervalued. The firm, which listed on London’s …

Gambling and entertainment company Entain has reported a narrower loss and upgraded its guidance amid signs the FTSE 100 company’s strategy is “bearing fruit.” The Ladbrokes owner booked a loss …

Sales and profit increased at estate agent Savills in the first half of 2024 as both commercial and residential markets begin to show signs of recovery. The FTSE 250-listed firm …

This is a Paris you’ve never known and never will again. Empty side streets speak of Parisians good to their threats to vacate for the Olympics. Hotel receptionists attest to …