The banks have raised the alarm about a “rapid increase” in people borrowing mortgages for more than 35 years. Nearly one-fourth of first-time homebuyers are now borrowing to retirement. New
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Major banks have demanded a crackdown against Apple, claiming that the tech giant has access to the transactions of millions of iPhone users. This will give Apple an unfair advantage
Profits for the operator of Britain’s biggest and most controversial power plant have increased by more than tenfold as a result of higher energy prices. Drax’s profits before tax in
Rolls-Royce has a habit of occupying the top spot in the FTSE 100 leaderboard. Today was no different, after some bullish remarks from Deutsche Bank. According to Christophe Menard of
Dubai has begun discussions to finance the construction of two Orient Express Superyachts, as oil-rich Middle Eastern countries seek to diversify their energy sources away from fossil fuels. Dubai Holding,
Scott Poole has been selling his company’s products on Amazon for 15 years. The partnership helped him grow the business so that it now makes up to £4million in annual
The competition regulator will be launching a new investigation into eight of Britain’s largest housebuilders amid fears that they may have been working together to limit supply and keep prices
The reputation of the Australian businessman accused of intentionally ignoring tax laws in Australia has been further damaged. He faces a tax bill nearing £8 million. The allegations against Australian
The sales of activewear brand Gymshark have increased by 20 percent compared to last year. This is ahead of the projected 15-percent increase in revenue, which will reach £556 millions
US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies. Capital
George Adnams and his brother Ernest bought the Sole Bay Brewery at Southwold in Suffolk in 1872. But his brewing career only lasted two years. George Adnams, who was a
The executives at Lyft are left with a red face after a typo was found in the financial results of the ride-hailing service. This led to a nearly 70 per
Centrica’s recovery has been aided by the energy crisis. The profits for British Gas’ owner were nearly £2.8 billion in 2018. This is a drop from the £3.3 billion record
After The Body Shop went into administration and put more than 2,000 job at risk, landlords are preparing for a wave closures. Aurelius, a private equity firm, put the UK
The logistics company of the Barclay family has been merged into the startup that purchased Tuffnells from administration last year. Yodel is one of Britain’s largest parcels delivery services. It
Official figures reveal that local authorities in the UK, who were in dire need of cash after Liz Truss’s disastrous mini-budget of 49 days ago, took out huge 50-year loans
