Savers sees profit jump after cutting hundreds of jobs July 8, 2024 Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.
Build, Baby, Build: Affordable housing is too hard to sell July 1, 2024 There is a quick fix to get house houses built: Reform Section 106 to make it more viable for developers to sell affordable housing, says Jonathan Seager Housing has been one of the top issues during this general election campaign, with political parties jostling to one up each other in their pledges to tackle a [...]
Has Tesco benefited from people trading down? April 10, 2024 Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers.
Banks slammed for ‘doing as little as they can get away with’ to help savers October 30, 2023 The UK's biggest banks are "trying to do as little as they can get away with" to help savers as interest rates look set to stay high, a top Tory MP has said.
Santander UK profit slides amid mortgage price war and rate cut expectations April 30, 2024 Santander UK has reported a 29 per cent slump in profit as the boost from higher interest rates fades and a fiercely competitive mortgage market forces it to offer better deals to customers.
Why the FCA will name firms we are investigating April 29, 2024 The FCA will name some firms that are subject to enforcement investigations to reassure people that rules are upheld and integrity enforced
Dott ditches London after withdrawing ‘financially unsustainable’ e-scooters March 26, 2024 Dott has withdrawn its e-scooters from London, ending its operations in the city.
Australia’s blocking of Qatar airways is a parable in anti-competitive intervention August 18, 2023 With such strong demand for travel to Australia, extra Qatar airways flights would mean more competition and a dent in Qantas’ record profits - something the Australian government wants to block.
Competition watchdog to probe Nvidia’s $40bn Arm takeover January 6, 2021 The UK competition watchdog has opened an investigation into Nvidia’s $40bn (£29bn) takeover of British chip designer Arm. The Competition and Markets Authority (CMA) today said it will look into whether the deal could lead to Arm withdraw, raising prices or reducing the quality of its services to Nvidia’s competitors. “The chip technology industry is [...]
End of the road: Why More Than will no longer sell car insurance as insurer RSA quits market March 29, 2023 RSA has set out its plans to exit the car insurance business in the face of “extremely competitive” market conditions. In a statement, RSA said it had struck an agreement to “introduce” car insurance customers held through its More Than business to UK rival Swinton, with a view to boosting its business, home and [...]