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05.01.2024 - 08:03
Business
Euro News
Russia and Ukraine exchange long-range attacks, Moscow seeking Iranian missiles
05.01.2024 - 07:49
Business
Sky News
House prices ‘rise for third month in a row’
House prices have risen for the third month in a row, according to new figures from Halifax.The bank said the average cost of a UK home was £287,105 in December. The figure is up 1.1% from the month before and is also the highest level since March 2023. Halifax’s director of mortgages, Kim Kinnaird, said …
05.01.2024 - 06:20
Business
Sky News
McDonald’s boss blames ‘misinformation’ for impact of war in Gaza on business
The chief executive of McDonald’s has revealed the company has suffered a “meaningful business impact” following controversy surrounding the Israel-Hamas war.Chris Kempczinski said the fast-food giant had been negatively affected in both Middle Eastern markets and “some outside the region” following calls for a boycott of the chain. It comes after a row in October …
04.01.2024 - 16:11
Business
Sky News
Interest rate hikes a shock ‘net positive’ for economy but not everyone
Here’s a sentence which might sound a little odd: higher interest rates have been good news for the UK economy.For the first time in many decades, the pain faced by borrowers from higher interest rates has been more than balanced out by the benefit experienced by savers from those interest rates. If this sounds a …
04.01.2024 - 15:26
Business
Sky News
Starmer refuses to commit to unfreezing tax thresholds if Labour wins election
Sir Keir Starmer has refused to commit to unfreezing tax thresholds if Labour wins the next general election, saying he won’t make promises he can’t keep.However, the Labour leader was firmer in his position on inheritance tax, telling Sky News if the Tories reduce it, he will reverse that change because he does not believe …
04.01.2024 - 12:38
Business
Sky News
Mortgage approvals up as more lenders cut rates
Mortgage approvals hit their highest level in six months near the end of last year, official data has revealed – as more lenders announce rate cuts.New figures from the Bank of England (BoE), published on Thursday, show that more than 50,000 loans for home purchases were rubber-stamped in November – the highest number since June …
04.01.2024 - 10:27
Business
Business Live
Dorset Chamber joins forces with new business partner
Dorset Chamber has announced an IT support and solutions specialist as its new Platinum Business Partner. Poole-based Enhanced will champion business in Dorset and help drive the chamber forward. The firm was founded in 1994 and has been a chamber member since 2007. Dorset Chamber chief executive Ian Girling said: “Enhanced is a forward-thinking business …
04.01.2024 - 10:21
Business
Sky News
Royal London plots bid for £6bn Scottish Widows book
Royal London, one of the UK’s biggest financial services mutuals, is plotting a bid for a £6bn bulk annuities portfolio being sold by Lloyds Banking Group.Sky News has learnt that Royal London, which called off a controversial merger with rival LV= – formerly Liverpool Victoria – in 2022, is in talks about a deal that …
04.01.2024 - 09:47
Business
Evening Standard
JD Sports hit as wary customers flock to sale prices
04.01.2024 - 09:42
Business
Sky News
UK services sector upbeat as activity picks up
The UK services sector has reported its fastest jump in activity for six months, as firms grow increasingly upbeat about the year ahead.Closely-watched survey the S&P Global/CIPS UK Services Purchasing Managers’ Index (PMI) found output and new work increased for second month running in December and at the strongest rate for half a year. The …
04.01.2024 - 07:06
Business
Sky News
Next raises profit forecast but warns stock could be delayed by Red Sea attacks
Next has raised its profit forecast for the fifth time in less than a year after reporting better-than-expected sales in the run-up to Christmas.The high street retailer said full-price sales were up 5.7% in the nine weeks to 30 December compared to last year. The figure, revealed in a trading update from the firm on …
04.01.2024 - 05:15
Business
Sky News
‘Obscene pay inequality’: FTSE 100 bosses earn typical UK annual salary in three days – thinktank
By 1pm this afternoon, just a few days into the new year, FTSE 100 bosses will have earned more than the typical UK worker makes in a year, according to new estimates.The median pay – the midpoint between the lowest and highest pay – for a FTSE 100 boss stood at £3.81m (excluding pensions) in …
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