US jobs data takes centre stage as markets bet on Fed rate cut September 1, 2024 US jobs data will take the spotlight for global financial markets this week as investors look for clues on how far the Federal Reserve might go in cutting interest rates.
Completions to fall at Barratt amid flurry of updates from housebuilders September 1, 2024 Barratt Developments is expected to report a fall in home completions, but profits just ahead of previous expectations, amid a week of financial updates from UK housebuilders. The company, which is Britain’s biggest housebuilder, reports its annual results on Wednesday September 4, with updates from Vistry and Berkeley Group in the following days. Barratt said in July [...]
Ryanair boss Michael O’Leary considers entering package holiday market September 1, 2024 Michael O'Leary said he wouldn't rule out setting up a package holiday division amid concern over the resilience of near-term flight demand.
Football regulator advertises Head of Legal role that pays ‘less than most newly qualified lawyers’ August 30, 2024 The independent football regulator’s top lawyer will be paid the same as peers just starting out on their legal careers, prompting industry figures to fear the body could be “toothless”. The Department for Culture, Media and Sport (DCMS) posted an advert for the Head of Legal role earlier this week that will pay the successful [...]
House prices dip unexpectedly as interest rates continue to dampen demand August 30, 2024 House prices dipped unexpectedly for the first time since April this month, but a closely watched survey today suggests that the outlook for the property market is likely to strengthen as interest rates are reined in. In its closely watched house price index today, mortgage lender Nationwide said British house prices slipped by 0.2 per [...]
Easing inflation helps retail footfall in August despite riots August 30, 2024 Retail footfall in the UK was boosted by good weather and easing inflation in August, despite the effect of the violent riots which erupted earlier in the month. Total UK retail footfall fell by 0.4 per cent in August year-on-year, compared to an annual drop of 3.3 per cent in July, according to the British Retail Consortium (BRC). It’s [...]
Could Reeves hit the UK with the most punishing capital gains tax in Europe? August 30, 2024 Rachel Reeves could be about the make Britain the most bruising place in Europe for capital gains tax, according to City A.M. analysis.
Why we bought a decommissioned nuclear power station August 30, 2024 Seventy years since a Brit first split the atom, it’s time to re-energise our nuclear industry and reclaim leadership in the technology of the future, says Lord Grade Down an unassuming country lane in Gloucestershire, out of the market town of Berkeley and toward the Severn Estuary, lies the site where Britain’s next nuclear power [...]
How much could a UK bank windfall tax raise? August 29, 2024 The banking sector is considered an easy target for an energy-style windfall tax, with lenders enjoying record profits on the back of interest rate hikes from the Bank of England last year.
Essensys shares shoot up as flexible workspace software provider beats estimates August 29, 2024 Shares in software platform essensys climbed as much as 20 per cent on Thursday morning after it said it expected to report revenue, earnings and cash flow ahead of market expectations in its full year results. Essensys, which provides software and technology to the flexible workspace industry, has projected revenue of £24m and an adjusted [...]