Peel Hunt swings back to profit despite Budget hit to dealmaking November 29, 2024 City broking group Peel Hunt said it swung back into profit in the first six months of its financial year today despite the Budget weighing on dealmaking in the City. In its half year results, the London listed investment bank posted a pre-tax profit of £1.2m, a 250 per cent rise on the £800,000 loss [...]
Retailers pin hopes on Black Friday and Christmas after footfall tumbles November 29, 2024 The holiday season could bring much more than some festive cheer this year.
UK housing market returns to growth as north outpaces south November 29, 2024 Zoopla has predicted positive house price growth in all regions and counties of the UK in 2025, with the north expected to outpace the south. The real estate platform has forecast sales growth at five per cent and house price growth at 2.5 per cent across the UK, with the fastest price increases in Northern [...]
London Stock Exchange takeover bonanza tops £50bn November 29, 2024 This year's barrage of takeover bids for firms lsited on the London Stock Exchange has jumped to £52bn, igniting fears over the future of Britain's equity markets.
City minister warned FCA ‘several times’ over name and shame plans November 29, 2024 The City minister said she warned the Financial Conduct Authority (FCA) “several times” that its controversial ‘name and shame’ rules could harm companies before the regulator moved to water down the plans. Following intense criticism from firms and ministers, the regulator confirmed on Thursday that it would soften plans to publicly name companies facing investigation [...]
Black Friday TV deals: Save on Sky Sports, TNT Sports, Amazon and more November 28, 2024 Watching sport on TV in the UK can be eye-wateringly expensive – accessing all the available Premier League games costs a minimum of £740 for a whole football season – but Black Friday sport subscription deals could bring that cost down. If you need to watch absolutely all of the football, such as the Nations [...]
Typhoo Tea rescue deal eyed up by vapes giant Supreme November 28, 2024 Supreme, which sells products such as vapes and vitamins, is eyeing up a rescue deal for Typhoo Tea after the 120-year-old brand collapsed into administration. Greater Manchester-headquartered Supreme has confirmed it is “currently participating in a process regarding the potential acquisition” and added that discussions are at ‘an advanced stage”. However, the company said that [...]
New £1bn South Western Railway fleet to launch after just five years of delay November 28, 2024 The Arterio trains are five years behind schedule due to a protracted dispute with unions over its safety, and a number of seperate faults.
Tennis hit by fresh doping storm as Swiatek hit with ban November 28, 2024 Tennis has been hit by another doping controversy surrounding one of its top players after Iga Swiatek was banned for testing positive for a banned substance. The Pole, the most dominant player on the women’s circuit in recent years, returned a sample containing the prohibited angina medication trimetazidine on August 12. But Swiatek, 23, only [...]
Typhoo Tea collapses into administration with over 100 jobs at risk November 28, 2024 Typhoo Tea has collapsed into administration in a move that has put more than 100 jobs at risk. The Bristol-headquartered business has appointed Kroll to oversee the administration process. The move comes after it was revealed earlier in November that Typhoo Tea was on the brink of collapse. A spokesman for Kroll said: “As reported [...]