By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:02 GMT, 20 January 2025 The Bank of England has fired a warning shot at the Government’s call to sweep away red tape – insisting its job of preventing ‘severe disruptions’ to the economy must take priority. Deputy governor Sam Woods wrote to Sir Keir Starmer saying … Read more
Rachel Reeves looking to plug hole in the nation’s finances New pensions minister Torsten Bell has called for sweeping reform By HUGO DUNCAN Updated: 08:14 GMT, 18 January 2025 Rachel Reeves has been urged to rule out another tax raid on retirement pots after the appointment of a pensions minister who has called for sweeping … Read more
Joker: Folie à Deux was largely panned by critics and a commercial disaster Everyman’s annual sales still rose by 17% thanks to record membership growth By HARRY WISE Updated: 16:03 GMT, 17 January 2025 Everyman Media Group shares plunged on Friday as the cinema group highlighted the box office failure of the new Joker movie … Read more
By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:28 GMT, 16 January 2025 The owner of Premier Inn will use robot vacuums to clean hotel rooms to save staff costs after taking a £70million hit from the Budget. Whitbread, also the owner of the Beefeater restaurant chain, said the automation of some cleaning tasks was … Read more
By LIVE COMMENTARY Updated: 14:55 GMT, 16 January 2025 The British economy returned to growth by November, but output was weaker than expected, fresh data from the Office for National Statistics shows. GDP edged 0.1 per cent higher in November, missing forecasts of 0.2 per cent, but marking an improvement after two consecutive months of … Read more
By EMILY HAWKINS Updated: 22:33 GMT, 15 January 2025 Currys’s boss has warned that price hikes, hiring more workers in India and automation are ‘inevitable’ after the Chancellor’s ‘tax on jobs’ in the Budget. Alex Baldock said the electricals retailer will not hire as many staff in the UK after Rachel Reeves hit business with … Read more
By THIS IS MONEY Updated: 16:48 GMT, 15 January 2025 The consumer prices index dipped to 2.5 per cent in the year to December amidst falling hotel prices, according to the Office for National Statistics. Among the companies with reports and trading updates today are Serco, Fuller’s, Currys, Hays, Vistry Group, and Frontier Developments. Recruiter … Read more
By HUGO DUNCAN Updated: 22:10 GMT, 13 January 2025 Shares in the owner of Ladbrokes and Coral leapt higher yesterday as it sought to reassure investors it has not been upended by the same sort of losing streak as rival Flutter. In an unscheduled update to the City, Entain said it expects full-year earnings to … Read more
Founder of Saba Capital pushing for huge shake-up at seven trusts Boaz Weinstein to set out his plans to ‘deliver shareholder value’ at the trusts Saba has proposed to replace directors with its own nominees By JOHN-PAUL FORD ROJAS Updated: 23:39 GMT, 12 January 2025 Hedge fund boss Boaz Weinstein will this week set out … Read more
By PATRICK TOOHER Updated: 12:29 GMT, 12 January 2025 The cost of UK borrowing spiked to its highest level on some measures in 27 years this week, as the slow burn aftermath of the Autumn Budget combined with global market concerns to hit the gilt market. Chancellor Rachel Reeves and Prime Minister Keir Starmer are … Read more
