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Investec profit soars to more than £1bn as lending and deposits rise
Investec has reported a surge in profit to over £1bn for its latest financial year,…
Bank of England holds interest rates at 5.25%
The Bank of England has held the base rate of interest at 5.25% as widely…
FCA to ‘put the public back in IPO’ after brutal few years for London Stock Exchange
Following a tumultuous period for the London Stock Exchange, the Financial Conduct Authority (FCA) is…
Barclays share price surges to near decade high after upgrade
Barclays has experienced a significant uplift after the FTSE banking giant reported an impressive first…
Treasury woos Monzo and Revolut bosses amid plea for London listings
The Treasury has made advances towards key players in the UK fintech sector, such as…
Thames Water bosses defend £770,000 bonus payouts as pollution incidents rise
Thames Water executives have defended their decision to award bonus payouts totaling £770,000 despite a…
Paddy Power owner Flutter sees stock drop after gamblers back favourites
Flutter, the owner of Paddy Power and Betfair, has revised its profit guidance upwards despite…
UK construction industry faces delayed recovery until late 2025, Lords reports
One of the UK's largest building materials suppliers, Lords, has warned that the construction industry…
Bank of England cuts interest rates to 4.25%
The Bank of England has cut UK interest rates to 4.25%, following a split vote…
Ray-Ban owner issues warning after sales fall in UK
Luxottica Group, the owner of Ray-Ban, has expressed concerns over its performance this year following…
British Airways owner IAG orders 53 new aircraft as earnings beat estimates
IAG, the parent company of British Airways and Aer Lingus, has revealed plans to add…
Interest rate reduction by Bank of England set to decrease mortgage costs, analysts predict
Analysts are forecasting that the Bank of England's recent interest rate cut, announced on Thursday,…
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