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23.05.2024 - 10:06
Business
Evening Standard
Influential survey offers hope Bank of England may cut interest rates in August
Tentative signs emerged today that the Bank of England could be ready to cut interest rates in August, as an influential business survey suggested that the service sector may finally be cooling down.The S&P Global Flash United Kingdom PMI survey for May showed that prices charged inflation fell to its lowest level since February 2021. …
23.05.2024 - 10:04
Business
Euro News
Hargreaves Lansdown rejects private equity takeover bid
23.05.2024 - 10:03
Business
Evening Standard
Private sector growth falls in May amid signs of cooling services inflation
Growth across the private sector slowed in May, though economists were buoyed by early signs of cooling services sector inflation.The fresh data showed that the UK’s economic recovery from the mild recession seen at the end of 2023 lost momentum this month, according to experts.On Thursday, the closely watched S&P Global/CIPS flash UK purchasing managers’ …
23.05.2024 - 09:48
Business
Euro News
Eurozone business activity up the most in a year: Is a recovery here?
23.05.2024 - 09:37
Business
Evening Standard
AJ Bell sees customer numbers – and profit margins – jump
AJ Bell today shrugged off caution in UK markets to record another jump in profits and customer numbers.The investment platform saw customer numbers grow past half-a-million as 27,000 new investors signed up.Revenue in the half year was up 27% to £131 million, with profit up 47% to £61.4 million. That leaves AJ Bell with a …
23.05.2024 - 09:26
Business
Evening Standard
NatWest share sale in jeopardy after General Election called, analysts warn
A sale of shares in NatWest to the general public could be in jeopardy after the Prime Minister called a General Election on Wednesday night, analysts have warned.Shares in NatWest were down on Thursday morning following reports that the timing of the election, set for July 4, could put the retail share offer on ice.The …
23.05.2024 - 09:17
Business
Evening Standard
Struggling to afford vet care? Here are some tips amid investigation into sector
Roughly 16 million UK households have pets, but many owners are struggling to pay vet bills and are potentially overpaying for medicines, the competition watchdog has found.Here are tips for pet owners from the Competition and Markets Authority (CMA) as it carries out a full market investigation into the vets market amid concerns over practices.Choosing …
23.05.2024 - 09:05
Business
Euro News
Orange juice prices soar as poor weather squeezes citrus crops
23.05.2024 - 07:11
Business
Sky News
Will the economy save Rishi Sunak?
The news that inflation had fallen to 2.3%, its lowest level for nearly three years, seems to be one of the reasons the PM called an election for 4 July.Mr Sunak declared at his first stump speech: “The economy has turned a corner… our plan is working”.The latest ‘economic optimism index’ for May from pollsters …
23.05.2024 - 06:33
Business
Euro News
Nvidia’s earnings beat market forecasts as AI demand soars
22.05.2024 - 15:31
Business
Sky News
Election campaign to derail multibillion NatWest retail offer
Plans for a multibillion pound mass market sale of the government’s stake in NatWest Group have been derailed by Rishi Sunak’s decision to call a summer general election.Sky News can reveal that a proposed retail offer of shares in the taxpayer-backed bank will be scuppered by the timing of the poll. The Treasury has been …
22.05.2024 - 14:07
Business
Sky News
BT fined £2.8m over failures affecting 1.1 million EE and PlusNet customers
BT has been fined £2.8m after EE and Plusnet failed to provide clear and simple contract information to more than a million customers.Since June 2022, BT’s EE and Plusnet businesses made more than 1.3 million sales without providing customers with a contract summary and information documents, which affected at least 1.1 million customers, according to …
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