Profits at UK banks to hit £33bn thanks to rising interest rates
Britain’s four biggest banks are set to report combined annual profits of about £33 billion this year thanks to rising…
Rising prices and cost of living crisis hit orders but restore profit at Just Eat
Just Eat Takeaway returned to the black earlier than expected in the third quarter, although orders fell sharply as customers…
Consumers Continue to Pay with Credit Cards — What SMEs Can Do
A recent cash census report revealed that more UK consumers are increasingly switching to digital payments. They explained that as…
Watchdog bans HSBC climate ads in fresh blow to bank’s green credentials
HSBC has suffered a fresh blow to its green credentials after the UK advertising watchdog banned a series of misleading…
Network Rail workers to strike again in November
Network Rail workers are to stage fresh strikes in the bitter row over pay, jobs and conditions, threatening fresh disruption…
Asos to write off stock and cut costs as shoppers rein in spending on fashion
Asos is to write off more than £100m of stock and cut costs after diving into the red after its…
Revolut launches Homes feature to take on Airbnb in the travel market
Fintech giant Revolut has unveiled a new holiday home rental feature today as it looks to broaden its reach in…
Whisky and visas mean £27bn trade deal between UK and India goes unsigned at deadline
The 24 October deadline set by Boris Johnson for finalising the UK–India trade deal will be missed after both parties have…
Bank of England to launch record rate rise to step up fight against 40-year high inflation
The Bank of England will have to hike interest rates by a record whole percentage point at its meeting on…
UK Inflation soars to higher than expected 10.1%
Inflation rose higher than expected to 10.1 per cent in September from 9.9 per cent in August, adding pressure to…