Banking
-
Lingerie retailer Ann Summers is back in profit
Lingerie retailer Ann Summers is back in profit after restructuring to survive the pandemic By Francesca Washtell For The Daily…
Read More » -
RAY MASSEY: Vauxhall’s electrifying new sub-range kicks off with Astras
RAY MASSEY: Vauxhall launches an electrifying new sub-range – with a pair of Astras as its first incarnation By Ray…
Read More » -
MARKET REPORT: Cruise company Carnival crashes to record low
MARKET REPORT: Cruise company Carnival crashes to record low after it warns it faces further losses as cost of fuel…
Read More » -
MARKET REPORT: Morrisons set for Footsie relegation as it lags rivals
Supermarket Morrisons is set to fall out of the FTSE 100 for the first time in five years after straggling…
Read More » -
Currys hikes pay for staff for third time in just over a year
Currys hikes basic pay for third time in just over a year amid cost of living crisis and worker shortages…
Read More » -
What’s happening to the economy and mortgage deals? This is Money podcast
What’s happening to the economy, mortgage deals and the pound? The This is Money ‘don’t panic’ podcast By This Is…
Read More » -
SMALL CAP MOVERS: AIM Index shows bright spots amidst turbulence
After several days of stock market turmoil sparked by the government’s mini-budget, London’s junior market capped off the week and…
Read More » -
JD Sports and Nike strike ‘Connected Partnership’ deal
Customers of JD Sports will get ‘unprecedented access’ to Nike shoes and apparel under new partnership American multinational Nike is…
Read More » -
Citroen’s cardboard concept car: Oli electric SUV revealed
Citroen’s quirky electric Ami runaround has got a new green zero-emissions big brother called Oli. And parts of it is…
Read More » -
Cineworld says ticket sales have failed to recover fast enough
Embattled Cineworld says ticket sales have failed to recover fast enough despite surge of big-budget films Admissions rocketed 487% to…
Read More » -
Pawnbroker H&T taps investors for £17m to expand amid rising demand
Pawnbroker H&T raises £17m to open more stores as cash-strapped Britons pledge valuables in exchange for loans H&T is looking…
Read More » -
British Gas won’t let us keep our energy tariff when moving house
My husband and I have a fixed-rate tariff with British Gas which runs until June 2023. We’re moving home next…
Read More » -
Should I abandon plans to buy a home to let on Airbnb? Dave Fishwick replies
I am in the process of buying a small one bedroom cottage in St Albans, Hertfordshire, which I plan to…
Read More » -
Partner insight: Infinite possibilities
The pace of innovation in the biotech industry operated at speed during the pandemic, showing that innovations in the sector…
Read More » -
What to do if you can’t pay your mortgage due to rising interest rates
If you took out a fixed-term mortgage before December last year, you may be breathing a little easier than friends…
Read More » -
Over 30% NAV decline for Schroder UK Public Private trust
The report comes out just over a week after the trust was forced to issue a NAV statement after management…
Read More » -
Chase Bank pulls in more than 1m UK customers in its first year
Chase Bank has more than one million UK customers now banking with it, just 12 months after it opened operations…
Read More » -
Industry Voice: The Regime Change in Markets Demands Fresh Ideas
The economist Paul Samuelson once famously said: “When the facts change, I change my mind. What do you do?” Many economic…
Read More » -
What is the business energy price cap, and is it enough to keep struggling firms afloat?
After months of uncertainty, British businesses have at last been handed the lifeline of an energy price cap ahead of…
Read More » -
Next boss Lord Wolfson says ‘the jury is out’ on Truss’s economic plan
Next boss warns of bleak winter for High St: Tory peer Lord Wolfson says ‘the jury is out’ on whether…
Read More » -
Fightback pushes sterling above $1.11: Pound rebounds from record low
Fightback pushes sterling above $1.11: Pound on the rebound from record low after Kwasi’s bond pledge By Daily Mail City…
Read More » -
Uncertainty is putting the brakes on Britain, warns ad tycoon Sorrell
Uncertainty is putting the brakes on Britain: Ad tycoon Sorrell says firms won’t invest in UK until ministers restore confidence…
Read More » -
Struggling ‘yummy mummy’ fashion brand Joules puts faith in turnaround
Struggling ‘yummy mummy’ fashion brand Joules puts faith in a turnaround amid insolvency fears By Daily Mail City & Finance…
Read More » -
HSBC considers quitting global headquarters in Canary Wharf
HSBC considers quitting global headquarters in Canary Wharf with lease set to expire early 2027 By Daily Mail City &…
Read More » -
Co-op profits dive as firm is buffeted by soaring energy bills and rising wages
Co-op profits dive as supermarket and funeral care firm is buffeted by soaring energy bills and rising wages By Hugo…
Read More » -
The war of the roads: Cyclists and drivers are at loggerheads like never before
There’s a battle being waged on the nation’s roads. I’m sure you are aware of it and it might seem…
Read More » -
MARKET REPORT: Housebuilders battered as interest rates rocket
Housebuilders took a battering as fresh fears over rising interest rates cast a bleak outlook over the sector. The respite…
Read More » -
ALEX BRUMMER: The Bank of England ignored its own alert over LDIs
ALEX BRUMMER: The Bank of England ignored its own alert over LDIs and has exposed retirement funds to petrifying risks…
Read More » -
German sports car maker Porsche roars onto stock market with £70bn float
Porsche roars onto stock market with £70bn float: German sports car maker defies global financial turmoil By Luke Barr For…
Read More » -
New chief executive rules out break-up of fund manager M&G
New M&G chief exec shrugs off market turbulence as he rules out break-up of the UK fund manager By Hugo…
Read More » -
Incoming M&G CEO staunchly refutes break-up possibility
Incoming M&G CEO Andrea Rossi has put to bed any speculation that he will carve up the company by stating…
Read More » -
Road deaths rise on pre-pandemic levels as e-scooter collisions jump 200%
The number of people killed on Britain’s roads per billion miles driven was higher last year than pre-pandemic levels, new…
Read More » -
Downing’s Evan-Cook appointed advisor to VT Johnston Financial’s multi-asset funds
The £149m fund range, which was launched in 2020, consists of the £80m VT Johnston Financial Multi-Asset Cautious fund and…
Read More » -
Co-op Group’s profits slump as energy prices and lack of rates relief send costs higher
Co-op Group’s profits slump 84% as surging energy prices and return of business rates send costs higher The food retailer…
Read More » -
Treasury Committee calls for OBR forecast to be expedited due to ‘continued market uncertainty’
Chair of the committee Mel Stride has written to Chancellor Kwasi Kwarteng to ask that he make an OBR forecast…
Read More » -
Newcastle Building Society launches best buy cash Isa deals
Savers looking to protect the interest they earn from the taxman are seeing wave after wave of new best buy…
Read More » -
Harmony Energy Income eyes £130m capital raise to fund project pipeline
The £244m trust will issue up to 130 million new C shares at an issue price of 100p per share…
Read More » -
Fidelity pushes forward with merger of Global Property and Sustainable Global Dividend Plus funds
On the merger effective date, scheduled for 12 December, the Global Property fund, which invests in listed real estate securities,…
Read More » -
Jupiter European Income fund to close due to shrinking assets
In a letter to investors seen by Investment Week, Jupiter said the fund “has continued to reduce in size year…
Read More » -
JPM Global Core Real Assets trims listed exposure to boost private assets portfolio
The trust, managed by JP Morgan’s Alternative Solutions Group, which is led by Jamie Kramer, has reduced the listed real…
Read More » -
Mitchells & Butlers reveals energy bills grew to around £150m last year
All Bar One and Toby Carvery owner Mitchells & Butlers reveals annual energy bill grew to around £150m – and…
Read More » -
UK car production up again in August but soaring energy costs loom
Car factories in Britain saw a fourth consecutive month of increased outputs in August, new figures show. However, industry bosses…
Read More » -
Last chance to register for Investment Week Select
Investment Week’s popular Select event takes place next Tuesday 4th October in London and sessions are booking up fast. This…
Read More » -
Is the triple lock state pension uplift under threat?
Fears are mounting that the triple lock state pension rise may be under threat after a minister refused to confirm…
Read More » -
Can European real estate help investors hedge portfolios against inflation?
Hedging your portfolios against inflation with real estate investments is rather similar. Europe’s inflation outlook With European inflation at record…
Read More » -
Liz Truss defends Mini Budget despite BoE intervention
In her first comments since the Bank of England’s intervention in the gilt markets, Truss defended her plans, arguing the…
Read More » -
FCA needs to work with payment service providers to address financial fraud
A cabinet reshuffle immediately followed, signifying the beginning of a new government that would tackle pressing challenges, including those facing…
Read More » -
Heavily-mortgaged generation will pay the price for UK’s rate crisis
The events of the past week have been astonishing as Britain has accelerated from trudging along in difficult financial times…
Read More » -
Don’t currency hedge your equity portfolio – Monevator
Don’t bother currency hedging your equity portfolio. Especially not if you live in the UK. It’s what old-timers call a…
Read More » -
Mark Carney: Government is ‘undercutting’ economic institutions
Following the central bank’s announcement yesterday that it would make purchases of up to £65bn long-dated gilts to prevent “a…
Read More »
