Persimmon is expected to signal early signs of optimism for the embattled housebuilding sector next week, after a Bank of England rate cut and the announcement of new Government planning policies. The London-listed firm is set to report its interim results for the first six months of 2024 on Thursday,Continue Reading
There is an air of inevitability about the government’s decision to call in and review Daniel Kretinsky’s takeover bid for the Royal Mail. If nothing else, political expediency dictated that the Cabinet Office, with help from the Department for Business and Trade, would want to be seen to be scrutinisingContinue Reading
The FTSE 100 took its second day of sizeable losses on Friday, after US jobs data sparked a global stock market sell-off on fears of an impending American recession. The blue chip index fell 109 points to end the day on 8,175, a 1.3% fall. US non-farm payrolls grew 114,000Continue Reading
ScottishPower is to add a large chunk of north-west England’s power grid to its network, after its parent company bought it for £2.1 billion. Spanish giant Iberdrola, which owns ScottishPower, said on Friday it has agreed to buy 88% of Electricity North West (ENW), which operates the grid from CarlisleContinue Reading
Vodafone and Three will have to wait longer before finding out if a £15 billion planned merger has the seal of approval from the UK’s competition regulator. The Competition and Markets Authority (CMA) said it had extended the period of time it needs to investigate the deal. The plans toContinue Reading
The Bank of England’s chief economist has signalled that policymakers should not cut interest rates too fast at future meetings, after the Bank’s first cut in four years on Thursday. Huw Pill said: “There may be a tendency to think inflation is back at target, so interest rates can goContinue Reading
A luggage shipping company is backing Irish Olympians as it celebrates its expansion to France. My Baggage, with a head office in Belfast, has been involved with supporting athletes as well as visitors to the Paris Olympics Games as it celebrates its growth following a recent investment of around £300,000.Continue Reading
Ryanair has revealed it cancelled some 650 flights in July because of air traffic delays, while rival Wizz Air said the global technology outage directly disrupted about 1% of its flights. The two airlines reported the impact of disruption as they unveiled how many passengers they flew last month. Low-costContinue Reading
The new Labour Government has shelved £1.3 billion of “unfunded” investment for UK tech and AI projects promised by the Conservatives. The Department for Science, Innovation and Technology (DSIT) said no new funding for the programmes had been allocated in the previous Tory government’s spending plans, and therefore will notContinue Reading
Rhea Karo is a young British entrepreneur and the driving force behind Social Amour, a leading London-based social media marketing agency. Founded just four years ago, Social Amour has quickly become a powerhouse in the industry, boasting an impressive client roster that includes Hollywood actress Salma Hayek and actor LukeContinue Reading
