Holland & Barrett sinks further into the red despite sales surge July 10, 2024 Increased footfall helped Holland & Barrett grow its sales past the £800m mark during its latest financial year but a rise in costs saw it sink further into the red.
FTSE 100 today: London markets could wrestle with recovery as global risk mood sours January 17, 2024 Amid global market volatility, Asian markets respond to a Wall Street downturn, while Nikkei reaching a 34-year high; oil prices decline due to a dollar surge and Red Sea geopolitical concerns. The greenback hits a one-month peak. China's economy outperforms expectations, while investors await crucial data on UK inflation and U.S. retail sales.
The Notebook: What a house fire can teach the FCA about consumer duty breaches May 1, 2024 Lucy McNulty takes the Notebook pen to discuss the consumer duty, John Lewis' new interview process and a podcast recommendation.
Mid-market M&A remains resilient as UK market hopes for deal surge July 20, 2023 Mid-market deal activity in the UK has remained resilient despite a fall in the overall level of deals year-on-year, according to new data from Big Four firm PwC. In the first half of the year mid-market deals worth less than £1bn increased 1.8 per cent in the UK as smaller deals remained easier to finalise [...]
Evelyn Partners private equity sale: Is this the first domino to fall? July 22, 2024 Evelyn Partners, the wealth management and accountancy firm that manages £60bn in assets, is now up for sale by its private equity owner.
UK pension funds concerned Mansion House reforms could lead to higher costs for investors November 20, 2023 UK pension funds have expressed concern that the Mansion House reforms could result in higher costs and greater risk for investors.
Halifax: UK house prices near ‘pre-financial crash levels’ April 14, 2021 UK house prices have hit a record high despite rising at a slower rate than a year ago, according to the Halifax house price index this morning. The lender said that the affordability of houses was “close to pre-financial crisis levels”, as house prices remained historically high at an average of £252,765. The difference between [...]
Nick Train: We ‘acknowledge and apologise’ for our poor performance May 28, 2024 Nick Train, manager of one of the largest funds in the UK, has apologised for his poor investment performance, blaming the "malaise gripping the UK equity market".
Subaru sales accelerate as UK demand outstrips supply August 22, 2024 Sales at the UK company that imports Subaru cars surged by more than 40 per cent during its latest financial year despite demand outstripping supply. Subaru UK has reported a turnover of £75.9m for 2023, according to newly-filed accounts with Companies House. The total comes after the business posted a turnover of £48m for the [...]
A tumble in mortgage approvals could be followed by a fall in house prices, analysts believe January 31, 2023 Mortgage approvals have plummeted to their lowest since the credit crunch after the global financial crisis in 2008, excluding the pandemic when the housing market was shut down, in a sign house prices could fall sharply soon, according to official data. The number of loans to Brits to fund a home purchase dropped more than [...]