Santander launches buy-now pay-later offering that could be a ‘game changer’ for cash-strapped corporates January 9, 2023 Santander has announced a push into the business-to-business (B2B) buy-now pay-later market today as it looks to tap into demand from a wave of corporate firms grappling with soaring prices.
Before the Open: Late US tech selloff set to act as a drag on European open April 15, 2021 US markets saw another mixed close yesterday, only this time it was the S&P500 and Nasdaq that finished the day lower, while the Dow and Russell 2000 finished higher on the day. Despite the mixed close the S&P500 and Dow still managed to post new record highs. Coinbase finished its first day of trading, closing [...]
House prices rise for first time since last June but sticky rents likely to remain challenge for tenants May 22, 2024 New government data has shown house prices grew by for the first time since last summer in March, while private rents cooled from the record highs recorded at the start of the year.
Forbes in ‘exclusive discussions’ with potential buyer after IPO flop November 10, 2022 Forbes said it has entered into “exclusive discussions” with an investor consortium as it gears up to sell the media firm. Although the value of the deal is not known, the consortium is made up of family offices and global investors. “We have entered into exclusive discussions with an interested buyer for Forbes, which is a [...]
The on-off-on takeover saga that saved the London Lions from extinction August 23, 2024 For the London Lions and fans of the dual British basketball champions, it has been a summer of more twists and turns than a slam dunk contest — only a lot less fun.
FTSE 100 today: London markets to open red as odds of Fed rate cut dwindle after hot US inflation April 11, 2024 Asian markets mirrored Wall Street's slide amid global interest rate concerns. The yen dipped below ¥153 against the dollar, reflecting market unease, while Chinese inflation edged up in March. Investors scaled back expectations for Federal Reserve rate cuts. The focus is on the European Central Bank's policy decision and US producer price data.
Inflation might be the only cure for our bubbly housing market June 8, 2021 House prices in the UK (and many other parts of the world) are soaring, squeezing affordability yet further. Rising inflation looks like the most obvious candidate to prick this bubble. House prices in the UK rose by 10.9% in the year to May. That’s the most rapid growth seen in almost seven years, according to [...]
HSBC set to reduce fixed-rate deals as hopes rise that mortgage rates will start to fall July 25, 2023 HSBC became the first high street bank to announce they will be reducing rates on a swathe of their fixed-rate products, sparking hope that mortgage rates might begin to fall. Mortgage rates have spiralled in recent months as inflation has remained stubbornly above the Bank of England’s target. Traders are now betting that the Bank [...]
Sir Paul Smith takes aim at tourist tax as foreign shoppers ditch Mayfair for Milan May 12, 2024 Fashion legend Sir Paul Smith has joined the long list of business figures frustrated by the scrapping of VAT-free shopping for international visitors.
Tesco raises price of meal deal due to soaring cost of food October 21, 2022 Tesco has raised the price of its well-liked lunchtime meal deal for the first time in a decade as the cost of food soars. The supermarket giant said its meal deal “continues to represent excellent value” but soaring food prices has forced it to up the cost. Inflation is currently at 10.1 per cent while [...]