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Anna Wise
Business News
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Jaguar Land Rover achieves record-breaking sales as luxury car demand booms
The company said it made £29 billion in sales over the year to the end of March.
By
Anna Wise
10 May 2024
Business News
Currys sales in focus after electronics retailer shrugs off takeover interest
The chain, which has about 300 stores in the UK, will publish a full-year trading update on Tuesday.
By
Anna Wise
10 May 2024
Business News
S4 Capital sees sales fall by a fifth after warning over advertising slump
The company was set up by Sir Martin Sorrell, who founded the world’s largest advertising company WPP.
By
Anna Wise
10 May 2024
Business News
British Airways owner IAG sees profits soar as fuel costs cool
International Airlines Group (IAG) said it was continuing to see a rebound in leisure travel.
By
Anna Wise
10 May 2024
Money
Bank holds UK interest rates steady but says June cut not ‘ruled out’
The Bank of England said it was not yet at the point where it can start cutting rates, opting instead to hold them steady at 5.25%.
By
Anna Wise
9 May 2024
Business News
European stocks buoyed as Bank of England signals it is closer to cutting rates
London’s FTSE 100 hit a new all-time high after the Bank of England revealed it was keeping interest rates at 5.25% for another month.
By
Anna Wise
9 May 2024
Politics
Too early for Bank to cut interest rates on Thursday, economists predict
The central bank’s Monetary Policy Committee is widely expected to hold interest rates at 5.25%.
By
Anna Wise
9 May 2024
Politics
FCA defends ‘name and shame’ proposals after backlash from City and Government
The Financial Conduct Authority defended the proposals and stressed that they were still being deliberated.
By
Anna Wise
8 May 2024
Business News
Too early for Bank to cut interest rates on Thursday, economists predict
The central bank’s Monetary Policy Committee is widely expected to hold interest rates at 5.25%.
By
Anna Wise
8 May 2024
UK
TSB: Locations of 36 bank branches to close
The latest round of closures will leave the group with 175 branches across the country.
By
Anna Wise
8 May 2024
Business News
TSB to shut 36 bank branches and cut 250 jobs amid digital shift
The latest round of branch closures will start in September, and continue through to May next year.
By
Anna Wise
8 May 2024
Business News
TSB Bank owner Sabadell says potential buyer refuses to raise offer
Banco Sabadell published a letter it received from the chairman of Banco Bilbao Vizcaya Argentaria about its proposal.
By
Anna Wise
8 May 2024
Business News
Global stock market rally continues as FTSE 100 races to another record high
The FTSE 100 soared by more than 100 points, continuing the rally sparked a few weeks ago.
By
Anna Wise
7 May 2024
Business News
UK construction rebound picks up pace but housebuilding slump persists
Commercial and civil engineering helped drive growth for the wider construction industry.
By
Anna Wise
7 May 2024
Business News
Bank of England not yet ready to cut UK interest rates, experts say
The Bank of England’s Monetary Policy Committee, which sets the level of UK interest rates, will announce its latest decision on Thursday.
By
Anna Wise
7 May 2024
Business News
FTSE hits new record as global stocks buoyed by US interest rates hopes
The FTSE 100 surpassed the 8,200 mark, with it reaching a new record for both intra-day and closing price.
By
Anna Wise
3 May 2024
Money
HSBC fields anger from pensioners amid plans to scrap bankers’ bonus cap
A vote on the decision was held during the banking giant’s annual general meeting in London.
By
Anna Wise
3 May 2024
Business News
UK services sector grows at fastest pace for nearly a year after spending boost
The S&P Global UK services PMI survey scored 55.0 in April, up from 53.1 in March and the highest level since May last year.
By
Anna Wise
3 May 2024
Business News
FTSE 100 ahead of European peers after dollar boost
The blue-chip index closed 50.91 points higher, or 0.63%, to 8,172.15.
By
Anna Wise
2 May 2024
Business News
Standard Chartered shares jump after revealing higher profits
The banking giant, which is based in London but has a big presence in Asia, said it was continuing to benefit from higher interest rates.
By
Anna Wise
2 May 2024
Business News
Growing demand for weight loss treatments drives sales at drugmaker Novo Nordisk
The Danish company warned over supply constraints as it said it was seeing strong demand for its obesity treatments around the world.
By
Anna Wise
2 May 2024
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