‘Something needs to change’: Firms to tackle productivity growth problems with AI investment December 28, 2023 The UK has suffered from more or less stagnant productivity growth since the financial crisis.
Sir Paul Marshall pulls out of race to own Telegraph September 29, 2024 Sir Paul Marshall has not submitted a formal offer for the Telegraph despite being regarded as one of the auction's front-runners.
Telegraph’s ‘Harrison Ford’ sale chief locked in bitter legal battle January 31, 2024 An executive parachuted in to oversee the sale of the Telegraph, dubbed the “Harrison Ford of restructuring”, has found himself embroiled in a bitter legal battle between a FTSE 100 private equity firm and one of its portfolio companies, City A.M. can reveal.
Watkin Jones: Property developer lowers profit guidance warning of ‘slow’ outlook August 21, 2024 Property developer Watkin Jones has warned investors that a “slower than expected” summer market and “uncertainty” over the pace of interest rate cuts will weigh on its full year results, as it lowered profit guidance. In a trading update, the Aim-listed firm, which in its half-year results in May returned to profit thanks to a [...]
Cash no longer king: Lloyds says 90 per cent of payments now by contactless card September 2, 2022 Face-to-face transactions in cash are near to becoming extinct, as the pandemic-driven shift to convenient contactless takes hold. New figures from Lloyds Bank claims there has been a huge spike in the use of contactless payments on debit cards rising from 65 per cent in June 2019 to 87 per cent in 2022. The move away [...]
Primarybid ditches UK consumer app to ramp up international expansion March 10, 2024 London-based retail investment platform PrimaryBid is preparing to cut its UK consumer app in order to increase spending on overseas expansion.
Warmer homes and lower emissions? We should all jump on the heat pump bandwagon December 11, 2023 Britain's housing stock is falling behind in terms of quality and energy efficiency, all of us will pay the price, writes George Clarke
Shop ’till you drop: Christmas spending up despite rampant inflation December 20, 2022 Shopping habits die hard as Brits continue to spend across the board in the run-up to Christmas and the holiday season despite historic levels of inflation raising prices. Spending on essentials is up by an average of 43.5 per cent compared to the same time last year, with non-essential expenditure also rising by an average [...]
TSB not for sale, chief of Spanish owner insists September 19, 2022 The chief of Spanish bank Banco Sabadell has dismissed speculation the firm is mulling ditching UK lender TSB. Cesar Gonzalez-Bueno, chief executive of Banco Sabadell, told reporters at an event today “there is no intention to sell” TSB. The push back comes after Edi Truell, a veteran City investor, is reportedly considering setting up an [...]
Spring Budget 2024: Hunt set to unveil Natwest government share sale aiming to raise up to £4bn February 29, 2024 Chancellor Jeremy Hunt is set to unveil more details on the government's plan to sell its shares in Natwest to retail investors at next week's Spring Budget, alongside wider reforms to boost UK capital markets activity.