Lloyds raises forecast on house prices
The UK's largest mortgage lender, which is also the country's largest bank by assets, has raised its expectations…
Monthly Archives
October 2024
Reckitt boss is ‘open-minded” about reaching a settlement on baby milk…
Reckitt Benckiser's chief executive has said that the FTSE100 consumer goods group would be open to settling US…
Watches of Switzerland is urged by an activist to relocate their listing from New…
Gatemore Capital Management, an activist investor, has called on Watches of Switzerland (formerly Watches of…
Deloitte UK cuts 250 employees
Deloitte UK has laid off 250 employees, the third time in 13 months that the Big Four have made redundancies. This…
Heathrow considers dividend payment as passenger traffic reaches record levels
Heathrow is predicting a "probable return" to dividends following four years of dry spells. A summer of music,…
Boeing blames its $6bn loss on’serious performance failures’
Boeing announced a $6bn loss for the quarter and warned that it would continue bleeding cash. The new CEO Kelly…
Goldman Sachs, Apple and other companies to pay US $89mn fines for credit card…
Goldman Sachs, Apple and the US Consumer Finance Watchdog have been fined more than $89mn for "illegally…
BoE Governor: UK inflation is declining faster than expected
The Bank of England Governor said that the UK must continue to experience a decline in the price of services from…
Tesla shares rise 12% on the back of its upbeat earnings forecast and positive…
Tesla shares soared Wednesday after the company reported a higher-than-expected quarterly profit. The company also…
Starbucks cancels its 2025 forecast after falling sales and earnings
Starbucks suspended its financial guidance after it released unexpected results showing a drop in revenue and sharp…
A new commission could ban English water companies making profits
Plans for a total overhaul of the system could prevent water companies in England from making profits. A new…
IMF warns Trump’s trade tariffs may damage the global economy, but it also…
The International Monetary Fund warned that the tariffs proposed by Donald Trump, the US presidential candidate,…
Holiday Inn reveals growth despite slump in China
The FTSE-100 hotel group that owns the Holiday Inn, Crowne Plaza and other chains was impacted by a weakening of…
Hunting reduces profit forecast as oil prices fall
Hunting has had to reduce its profit forecast for this year due to falling oil and gas prices, and a slowdown on…
HSBC revamps its operations as tensions grow between China and the West
HSBC bankers are bracing for job loss after the new boss announced the largest overhaul in decades. The lender's…
Halfords warns budget concerns make the near-term outlook “uncertain”
Halfords Group warns that consumers are delaying purchases of expensive items due to the uncertainty surrounding…
General Motors increases profit guidance due to “resilient” consumers
General Motors' shares have soared after the automaker raised its profit forecast for the full year. This is due to…
Where is my £10,500 refund if Tesla’s driving distance fell short?
I bought a Tesla Model 3 in June for £42,791. The advert stated that the car had a 318-mile range, but when I…