Anna Wise

Currys is set to reveal slower yearly sales (Currys/PA)
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.
10 May 2024
Sir Martin Sorrell sounded a warning over advertising slumps (Aaron Chown/PA)
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.
10 May 2024
The owner of British Airways has said its earnings have soared in recent months (Jonathan Brady/PA)
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.
10 May 2024
The Bank of England has said it is not ruling out cutting UK interest rates next month (Yui Mok/PA)
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%.
9 May 2024
European stock markets were in good spirits on Thursday (Steven Paston/PA)
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.
9 May 2024
The Bank of England in London (Yui Mok/PA)
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%.
9 May 2024
The FCA said it was not expecting the ‘stern reaction’ to its plans (FCA/PA)
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.
8 May 2024
The Bank of England is set to keep interest rates unchanged for longer (Yui Mok/PA)
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%.
8 May 2024
TSB has said it is shutting 36 bank branches across the UK (Nick Ansell/PA)
UK

TSB: Locations of 36 bank branches to close

The latest round of closures will leave the group with 175 branches across the country.
8 May 2024
TSB is closing 36 branches and cutting 250 jobs (Aaron Chown/PA)
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.
8 May 2024
Banco Sabadell owns TSB (Aaron Chown/PA)
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.
8 May 2024
London’s stock market rally has shown no signs of slowing (Kirsty O’Connor/PA)
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.
7 May 2024
A rebound in the UK’s construction industry has picked up pace (Gareth Fuller/PA)
Business News

UK construction rebound picks up pace but housebuilding slump persists

Commercial and civil engineering helped drive growth for the wider construction industry.
7 May 2024
Economists are widely expecting the MPC to keep rates at the current level of 5.25% (Yui Mok/PA)
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.
7 May 2024
The UK’s top stock index has had another record-breaking week (John Stillwell/PA)
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.
3 May 2024
HSBC shareholders have been urged to back the removal of a limit on bankers’ bonuses (Anthony Devlin/PA)
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.
3 May 2024
Millions of people across England went to their local pub to watch the Women’s World Cup final (Alamy/PA)
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.
3 May 2024
London markets were back on a winning streak on Thursday (Jordan Pettit/PA)
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.
2 May 2024
The global banking giant reported a pre-tax profit of 1.9 billion US dollars for the first three months of the year (Standard Chartered/PA)
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.
2 May 2024
Novo Nordisk has a share of more than half of the global market for the class of drugs that treat diabetes and obesity (PA)
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.
2 May 2024
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London

Thousands of London black cab drivers sue Uber for £250m

Cab drivers claim that Uber misled Transport for London over how it operated its ride-booking system

2 May 2024