The UK’s services sector saw a “solid increase” in business activity last month, as well as an uptick in job creation, according to a closely watched survey. The services purchasing …
Investing
Interest rates should remain high for ‘some time to come’, OECD warns
Central banks should not cut interest rates too early or risk inflation staying above the two per cent target for an extended period of time, the OECD warned today. In …
Home REIT to publish long-delayed accounts despite struggling to access houses
Home REIT is set to publish its long-delayed accounts in the second quarter of the year despite still struggling to access scores of properties in its portfolio, the firm announced …
These ten exotic private islands cost less than a London flat
They’re cheaper than the average cost of a London flat… If winter in London is feeling never-ending, there’s always the option to decamp somewhere else entirely. These private islands cost …
Hargreaves Lansdown red alert: Two funds fail value assessment
Two of Hargreaves Lansdown’s 13 funds have been found to not provide good value, the firm revealed in its assessment of value report. The report, which is required by the …
Unemployment lower than previously thought according to ONS following revamp of data collection
New figures from the Office for National Statistics (ONS) suggest that the unemployment rate has been falling over the past few months, a sign of the continued tightness of the …
Shares in British radiation detection firm Kromek jump following funding from Horizon Europe scheme
Radiation detection firm Kromek has won government funding under the Horizon scheme to develop its new technology, which can rapidly discover irregular radiation sources such as bombs. The Durham-based firm …
Vodafone: Turnaround gets harder after another miserable quarter in Europe
Vodafone has said its total revenue shrank by over two per cent in its third quarter due to contractions in Italy and Spain and sluggish growth in Germany, its biggest …
Revolution Beauty: Former boss to pay £3m to draw line under finance scandal
The founder and former chief of Revolution Beauty will have to pay close to £3m to the scandal stricken makeup brand to settle allegations he breached fiduciary duties to the …
CMC Markets: Upgraded guidance remains but firm to shed 200 jobs
More than 200 jobs will be slashed at CMC Markets, the investment platform founded by Tory peer Lord Peter Cruddas. In an update issued to the market this morning, the …