China’s April economic data disappoint: recovery in domestic demand hits a snag May 17, 2024 China faced a bit of a setback on the economic front in April, disappointing market expectations.
TAG: Travel agent for Jay-Z, Rihanna and Lady Gaga sold to ECI Partners April 10, 2024 A former investor in the likes of Harry Potter publisher Bloomsbury, Games Workshop and National Express has acquired a travel agent that arranges the itineraries for the likes of Jay-Z, Rihanna, Lady Gaga and the Foo Fighters.
M6 Toll owner rakes in the profit after price rises September 13, 2024 Profit at the company behind the M6 Toll road accelerated to almost £30m thanks in part to prices being raised in 2023, it has been revealed.
Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.
UK inflation will top Bank of England two per cent target until end of 2024, EY claims July 24, 2023 Inflation will top the Bank of England’s two per cent target for over a year, hobbling UK economic growth and eroding workers’ finances, new forecasts out today claim. Prices are set to ease much slower than previously expected due to food and energy costs remaining elevated, according to consultancy the EY Item Club. UK inflation [...]
Building materials supplier SIG warns of tough conditions as headwinds buffet construction market January 9, 2024 Housing supplier SIG rode out sluggish market conditions and expects to post profits at the upper end of its guidance, as investors hope for an upturn in fortunes this year. The firm said it expects revenues of almost £3bn in an update published this morning, with profit being between £50-55m, at the upper end of [...]
Macdonald Hotels & Resorts back in the red as cost increases bite September 9, 2024 Macdonald Hotels & Resorts slumped back into the red during its latest financial year as it battled a rise in its costs. The group, which is headquartered in East Kilbride, Scotland, has reported a pre-tax loss of £3.5m for the year to 28, September, 2023, after having posted a pre-tax profit of £44.5m in the [...]
Market trends: The top five things on investors’ minds for 2024 January 12, 2024 As the investment industry undergoes huge change, Mitesh Sheth looks at the top five trends being eyed by equity investors in 2024.
Henry Boot ups dividend as developer optimistic about UK property market March 25, 2024 Property developer Henry Boot has increased its dividend for the year as the firm remains hopeful about green shoots in the UK’s property market.
Bank of England’s top economist Huw Pill ‘uncomfortable’ with persistence of inflation July 10, 2024 In a speech delivered at Asia House in London, Pill said that recent pieces of economic data pointed towards some "upside risks to my assessment of inflation persistence".