Asda kicks debt worries into the next decade after £3.2bn deal May 3, 2024 Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt, it has been announced.
Mortgage lending to keep falling next year after steep drop in 2023 December 11, 2023 Mortgage lending is expected to keep falling next year after dropping by more than a quarter in 2023, according to banking trade body UK Finance, as borrowers are squeezed by high interest rates and household finances.
Mark Kleinman: BHP’s Anglo bid, Getir’s lack of delivery and what next for Nationwide May 2, 2024 Mark Kleinman is Sky News’ City Editor and writes a weekly column for City A.M., this week on the bid for Anglo American, Getir’s struggles and Nationwide’s Virgin Money takeover Anglo can’t bank on a full-blown auction It’s the opportunity Mike Henry has been waiting for. Four years after assuming control of BHP, his moment [...]
Renewable infrastructure investment trusts are facing a perfect storm, but what’s next for the sector? December 18, 2023 Green stocks are still out of fashion - but they’re vital to Britain’s net zero ambitions comments City A.M.'s energy editor Rhodri Morgan.
Interest rates: Three things the Bank will consider for the next rate decision September 18, 2023 The Bank of England's rate-setters will meet next week and they will have no shortage of topics to discuss.
Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal April 9, 2024 Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker.
Dear next government, this is what the real estate sector needs to solve the housing crisis April 23, 2024 Short-term fixes won't get us out of the housing crisis, Daniel Austin writes a letter to the government to explain what will.
BBC licence fee set to rise less than expected next year December 7, 2023 The BBC licence fee will rise from £159 to £169.50 next year, the culture and media secretary Lucy Frazer told ministers on Thursday.
Jeremy Hunt: No tax cuts on the cards before next general election September 11, 2023 Jeremy Hunt has hinted that tax cuts are unlikely to be on offer before the next general election after warning that inflation had proved “stickier than was forecast”. The Chancellor told Bloomberg that he did not expect to have more fiscal headroom at the Autumn Statement — compared with the spring Budget — and “debt [...]
Next REIT to go? Balanced Commercial Property joins long list mulling sale April 15, 2024 In a stock exchange announcement today, Balanced Commercial Property's board said it would be kicking off a strategic review to consider the future of the trust.