Motor finance lender executives criticised the Financial Conduct Authority (FCA)’s performance in the sector, telling members of the Lords that the regulator is “not fit for purpose”. Stephen Haddrill, director …
Investing
Hays: Recruitment giant’s shareholders stage major revolt against PwC
Shareholders in recruitment giant Hays have staged a major protest over the reappointment of PwC as its auditor. Just over 20 per cent voted against the reappointment of the accountancy …
75 litres of fake blood splattered my shoes in London’s most eccentric show
Blood Show at the Battersea Arts Centre review and star rating: ★★★★ 75 litres of fake blood. Four different varieties of fake blood to make the liquid more realistic. Blood Show, …
Peel Hunt: There’s a ‘missing piece’ in Reeves’ City growth push
The government has demonstrated a “fundamental shift” in its approach to growth but must address the key issue of pushing investment into the UK stock market, Peel Hunt has said. …
Ford to cut hundreds of UK jobs in sweeping round of European layoffs
Ford has said it will cut around 4,000 jobs in Europe, including 800 in the UK and 3,000 in Germany, as it grapples with the transition to electric vehicles (EV). …
Allica Bank-backed start-up sets out to ‘protect’ UK family firms
A new start-up set out to protect the legacies and values of Britain’s family businesses has secured its first ever acquisition and funding round backed by the UK’s fastest growing …
Housing crisis ‘hampers growth’ but minister vows 1.5m target on track
The UK’s housing crisis “hampers economic growth and productivity”, the housing minister has said, as he insisted the target of 1.5m new homes can be achieved. Labour pledged in its …
Inflation surprise scuppers hope of Christmas interest rate cut
A bigger than expected rise in inflation last month has all but scuppered hopes of a cut to interest rates by the Bank of England in December. While economists had …
Superdry issues warning as struggling fashion label cuts jobs after quitting London
Superdry has warned its sales will continue to fall significantly during its current financial year after quitting the London Stock Exchange in an attempt to stay afloat. The Cheltenham-headquartered fashion …
London rents rise again as Savills warns of double-digit UK increase
Analysts have warned rents are being pushed to unsustainable levels amid another yearly jump and concerns there is no natural plateau in sight. The average UK private rent rose by …