House prices rose by 1.3 per cent in January, marking the fourth monthly rise in a row, according to the latest reading from Halifax. The high street lender said property …
Investing
Barratt and Redrow announce £2.5bn megamerger
Two of Britain’s leading homebuilders, Barratt and Redrow, have announced a merger agreement worth £2.5bn. The mega-merger, which will see Barratt own 67 per cent of the combined group, will …
‘Huge potential’ for City says UK science minister amid soaring UK quantum investment
Investment into quantum computing has “huge potential” for London, according to the science minister, after UK venture capital (VC) deal activity in the emerging technology hit a record high last …
Ashmore suffers further outflows as emerging markets improve
Emerging markets asset manager Ashmore suffered further outflows over the last six months, as the fundhouse has struggled to attract new money. In its results covering the second half of …
Smurfit Kappa revenues slip as Irish giant prepares for private ownership
Irish packaging giant Smurfit Kappa saw profit before income tax drop 18 per cent last year, as the firm prepares to merge into one of the largest packaging companies in …
Sainsbury’s refocuses on food in new growth strategy with ‘progressive’ dividends and buybacks too
Sainsbury’s has ramped up its bid to eat into the grocery sector, as it looks to rapidly make profits with investment, new stores and a share buyback scheme. The supermarket …
Future: Publishing giant ‘broadly’ meets expectations as growth strategy pays off
Media company Future has said its overall performance has “broadly” met expectations in the four months ended January 2024 as it ramps up investment. In a trading update on Wednesday, …
A ski holiday in Verbier, where Prince Harry practises his backflips
Prince William, Madonna and David Bowie all skied in Verbier – Justine Gosling hit the slopes to get the lowdown “I can take you off the jump I taught Prince …
The Notebook: Now is a good reminder of the power of setting goals
Where the City’s movers and shakers have their say. Today, it’s Mimi Ikonn, co-founder of wellness brand Intelligent Change. As February gets underway, many find themselves grappling with the reality …
Young, rich and fearless? Misconceptions about entrepreneurs are holding us back
Misconceptions about who can be an entrepreneur and how much it costs to start a business is holding Britain back, writes Eamonn Ives Picture yourself setting up a business 30 …