Swelling debt interest bill fashions second highest April government borrowing on record at £25.6bn May 23, 2023 A near £10bn debt interest bill helped to push UK borrowing to the second highest monthly total for April since records began in 1993, official figures out today reveal. The government took on an additional £25.6bn of debt last month, above market expectations and up from £13.7bn in the same month last year, according to [...]
Direct Line faces ‘bumpy road ahead’ as motor claims soar May 9, 2023 Direct Line warned that rising motor claims would put pressure on earnings today, as it published its first quarter results. The company reported a 9.7 per cent rise in first-quarter underlying gross written premiums to £805.7m. The insurer warned its motor segment would continue to “put pressure” on earnings, as damage related claims tick higher [...]
Hunt urges Brits to ‘take responsibility’ with their energy bills with support to end in 2024 November 23, 2022 Universal support for household energy bills will not be extended again, confirmed Jeremy Hunt to MPs today.
Online gambling firm In Touch Games has licences to operate in Britain suspended September 2, 2023 Online gambling firm In Touch Games has had its licences to operate in Britain suspended by the industry regulator. The Gambling Commission suspended the firm’s operating licences as it carries out a review under section 116 of the Gambling Act 2005. It said it suspects the operator failed to follow licence conditions related to money [...]
Marks & Spencer set to ring up profits leap after impressive year May 18, 2024 High street bellwether Marks & Spencer is expected to reveal a jump in annual profits on Wednesday when it reports back after a bumper year.
London Stock Exchange: Buybacks to sweeten shareholders despite profit fall August 3, 2023 The London Stock Exchange Group expects to hand out as much as £750m to shareholders in buybacks by next April.
Should investors sell in May and go away? May 8, 2024 "Sell in May and go away, don’t come back until St Leger’s Day" is an often quoted adage, but does it actually work?
Brits to cough up an £100 extra on festive treats this Christmas December 5, 2023 Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities.
Hargreaves Lansdown shares soar as firm secures new clients amid leadership speculation July 19, 2023 Investment platform Hargreaves Lansdown recorded a six per cent increase in net new business over the past three months as clients sought to lock in deals at the end of the tax year. In the three months to June, the Bristol-based DIY investing outfit saw £1.7bn of net new business, despite the market more broadly [...]
Aer Lingus set to snub Stobart Air over new deal November 14, 2020 Stobart Air looks set to stop running regional flights for Aer Lingus from 2023 after the Irish carrier suggested it was unlikely to renew its current contract. Yesterday Aer Lingus told the company that it would not be the preferred supplier for the new commercial arrangement. It came as it emerged that new carrier Emerald [...]