Banking Barclays announces a £750m share purchase as profits exceed expectations Simon Rowe Aug 1, 2024 Barclays posted a better-than expected first-half profit and announced a cash return of £1.2 billion to its…
Retail Adidas sales grow despite Bella Hadid ad controversy Simon Rowe Aug 1, 2024 Adidas admits that it made a mistake in using Bella Hadid as a supermodel to promote a retro trainer brand dating…
Banking UK Interest Rates Cut to 5% Simon Rowe Aug 1, 2024 Bank of England cuts interest rates first in four years. This is a relief for millions of homeowners, and families…
AI Meta squelches fears of AI spending Simon Rowe Aug 1, 2024 Facebook and Instagram's owner beat Wall Street estimates for sales on Wednesday night, as it sought investors'…
Banking Rachel Reeves cancels the ‘Tell Sid” sale of NatWest Shares Simon Rowe Jul 31, 2024 The government scrapped a "Tell Sid-style" sale of NatWest share to the public amid fears it could have cost…
Companies BDO, Forvis Mazars warned by regulator they could face audit ban Simon Rowe Jul 31, 2024 BDO and Forvis Mazars were warned they could be banned from signing the accounts of their largest clients if their…
Business Prada’s Miu Miu sales and Japan sales are surging, defying the luxury… Simon Rowe Jul 31, 2024 Prada, the Italian luxury fashion company, defied the slowdown in the luxury sector by reporting double-digit…
Shares St James’s Place shares rise by a fifth after it announces cost-cutting… Simon Rowe Jul 31, 2024 St James's Place announced higher profits and received more money from its customers than expected during the first…
Economy Eurozone economy grows by 0.3% in second quarter Simon Rowe Jul 31, 2024 The Eurozone's economy grew faster than expected, by 0.3 percent in the second quarter. This has allayed fears that…
Food and drink industry Diageo warns of ‘extraordinary consumer environment’ after sales… Simon Rowe Jul 31, 2024 Diageo's head has warned consumers that they are in an "extraordinary" environment, as the company reported its…
Housebuilding Labour shifts housebuilding targets to Tory shires Simon Rowe Jul 30, 2024 The Ministers will shift housebuilding targets from Labour-supporting large cities to more rural Tory corelands and…
Climate BP will give investors $7bn in this year’s expansion of oil operations Simon Rowe Jul 30, 2024 BP shareholders will receive a payout of several billion dollars this year, after the oil giant announced…
Banking Standard Chartered downplays fears of US-China Trade War under Trump Simon Rowe Jul 30, 2024 Standard Chartered bosses say that fears of a China-US trade war under a second Trump presidency are exaggerated.…
Economy Reeves takes action to address the ‘covered-up’ £22bn shortfall in the… Simon Rowe Jul 30, 2024 Rachel Reeves cut winter fuel payments to 10 million pensioners who are wealthier. She did this in order to plug…
Politics Reeves says Hunt lied ‘knowingly’ and ‘deliberately’ about… Simon Rowe Jul 30, 2024 Rachel Reeves accused Jeremy Hunt on Monday of lying about the condition of the public finances. This escalated a…
Food industry Greggs increases the price of sausage rolls by 5p despite denying any price hikes Simon Rowe Jul 30, 2024 Greggs increased its prices for certain items. This includes an additional 5p per sausage roll and the vegan…
Eurozone France’s GDP gains €1bn from a giant cruise ship, while the German economy… Simon Rowe Jul 30, 2024 According to official statistics, Germany is also heading towards a recession. The Utopia of the Seas, built in…
Economy How Rachel Reeves promotes Britain as a safe haven for global money Simon Rowe Jul 29, 2024 Labour's drive to make the UK an "island" of stability seems to have been perfectly timed. Rachel Reeves is…