FTSE 250-listed Paragon Bank said new business levels were running “ahead of expectations” as the lender remained on track for its full year targets. Paragon, based in Solihull in the …
Investing
Loss for talent: What impact does the London housing crisis have on start-ups in the City?
Britain’s ongoing housing crisis has created a knock-on effect for start-ups, according to new research shared exclusively with City A.M., as small business owners begin to struggle to attract and …
Games Workshop: ‘Exciting times’ says Warhammer maker amid record year results
Warhammer maker Games Workshop has reported its best-ever set of results as customers continue to spend on the fantasy miniatures and related PC games. Reported revenue grew by 11.1 per …
Diageo: Shares nosedive at Guinness maker as Latin America hangover continues
Shares in Diageo plunged nearly 10 per cent on Monday morning after it reported a decline in annual profit on Tuesday as issues in Latin America continued to weigh on …
Foxtons: London estate agent hikes dividend as turnaround plan gathers steam
London estate agent Foxtons has bucked a pallid property market to report healthy rise in revenue and profit, and raise its dividend, in yet another sign of the turnaround being …
Why the Bank of England will cut interest rates on Thursday
For the first time in months, there is genuine uncertainty about whether the Bank of England will cut or hold interest rates when the Monetary Policy Committee (MPC) meets later …
St James’s Place unfazed by scandal as assets boom
St James’s Place saw a raft of inflows into its funds in the first half of the year, exceeding analyst expectations that the scandal-rocked firm would be fail to bring …
Standard Chartered announces largest ever share buyback as profits creep up again
Standard Chartered has announced a $1.5bn share buyback programme today after the Asia-focused bank performed ahead of expectations in the second quarter of the year. Underlying pretax profit climbed to …
Greggs: Bakery chain on a roll as sales up once again
Greggs reported another strong set of results for the first half of the year as customers continued to head to the budget bakery. Total sales for the 26 weeks to …
FCA to extend motor finance probe amid consumer tensions
The Financial Conduct Authority (FCA) has annnounced it will extend its probe into the motor finance market today amid ongoing tensions between thousands of consumers and providers over commission arrangements. …