Jaguar Land Rover and Porsche supplier almost triples sales August 21, 2024 Andersen EV, an electric charging start-up which supplies the likes of Jaguar Land Rover and Porsche, almost tripled its sales during its latest financial year. The Bedfordshire-headquartered company, which was formerly known as Evios, has reported a turnover of £3.7m for the year to 31 March, 2024, up from the £1.3m it reported in the [...]
Yakult: ‘Hostile geopolitical picture’ hurts healthy drink maker May 30, 2024 The UK arm of healthy drink maker Yakult said a "weakening economy influenced by inflation and the general hostile geopolitical picture" impacted its finances during 2023.
Demand for air quality systems helps Volution nudge up expectations for profit March 15, 2024 Covering the six months to 31 January, the firm reported a 13 per cent increase in operating profit as margins climbed from 21.1 per cent a year ago to 22.4 per cent.
All the major parties have pledged to build more houses. Can they deliver? June 16, 2024 In 2019, the Conservatives promised to ramp up construction of new homes to 300,000 per year by the middle of the 2020s, but the government has failed to make good on its promise.
Homeowners told property values may get 11.3 per cent boost as Sunak restores stability November 2, 2022 The housing market could benefit to the tune of 11.3 per cent where house prices are concerned, as a result of the greater stability brought on by the appointment of Rishi Sunak as prime minister, a City firm told this paper today. Property lending agency Octane Capital analysed property market performance across the UK market [...]
EU rules damaged liquidity in London’s main market November 2, 2023 EU financial market reforms inadvertently affected liquidity and reduced research activity in London’s main stock market, according to new research from the University of Bath on Wednesday. The EU’s markets in financial instruments directive II, known as Mifid II, aimed to improve transparency around research costs. The costs were previously parcelled into brokers’ overall fees [...]
Housebuilding slide leads to steepest fall in construction for three years October 5, 2023 Activity in the UK's construction sector decreased at the fastest rate since May 2020 as housebuilding slumped.
House prices “under greatest pressure” in London and south east as rate hikes take their toll May 9, 2023 The average price of a home dipped slightly by 0.3 per cent in April but homes in the South of England and London remain "under the greatest pressure” as they face the most expensive property prices and borrowing costs.
Top housebuilders pay ‘excessive’ £16bn in dividends over 18 years October 17, 2023 Researchers from Sheffield Hallam University found the eight largest housebuilders paid shareholders 260 per cent more in 2022 than 2005.
Harry Styles leads £4bn in global exports in ‘sign of the times’ for UK music industry November 7, 2023 British artists are headlining on the global stage, with exports generating £4bn last year, according to new data from UK Music.