London sees 24 per cent drop in first-time buyers as high mortgage rates bite September 27, 2023 London experienced a 24 per cent decline in the number of first-time buyers entering the market in the last year as high mortgage rates crush home-ownership dreams.
Amazon sued by US in landmark monopoly case after four-year probe September 26, 2023 The US Federal Trade Commission filed an antitrust lawsuit against Amazon as the government pressed on with its fight to rein in Big Tech.
Drax suffers share price scare after shorting schemes unveiled September 26, 2023 Drax's share price has endured a wild journey on the London Stock Exchange today, with backers seemingly spooked.
Tower Hamlets bin strike branded ‘health hazard’ brought to an end September 26, 2023 A Tower Hamlets bin strike branded a “health hazard” has been brought to an end after workers reached an agreement with the council. Refuse had piled up for days in the east London borough , with furious residents slamming the state of the streets as “ridiculous”, a “health hazard” and an “ongoing rat buffet”. But [...]
Yu Group boss: Big Six energy rivals ‘should be worried’ by challenger’s bumper results September 26, 2023 The boss of fast-growing challenger supplier Yu Group believes the Big Six "should be worried" by his company's success.
Bitcoin and Ethereum struggling to keep a grip on key price levels September 26, 2023 Bitcoin is down by roughly 2.3% over seven days while Ethereum is trading below the key level of $1.6k and following a similar pattern.
Facebook owner Meta shells out £149m to break London Regent’s Place lease September 26, 2023 Facebook owner Meta Platforms surrendered one of its two buildings at Regent’s Place, paying £149m at the end of September to break the lease. Property developer British Land revealed that the end of the lease will result in post interest savings of 0.6 pence for the half year. The £149m fee was first reported by [...]
Card Factory: Profits leap 72.7 per cent amid ‘challenging’ climate before Christmas September 26, 2023 Card Factory has reported a 72.7 per cent leap in profit before tax to the end of July, as the occasion market showed signs of strength despite the cost of living crisis. The seller of personalised celebration cards and gifts said revenues also grew 11.5 per cent to £220.8m as the company’s affordable products appealed [...]
Tube strikes: Bosses warn of ‘hammer blow’ to London trade as dispute drags on September 26, 2023 Business chiefs have warned that rail strikes set to take place in next week will deal another “hammer blow” to trade in the capital as the cost of rail strikes on City businesses continues to rise.
Solar energy boss considers rival markets after UK climbdown over green pledges September 26, 2023 The government has sent the "wrong signal" to British businesses with their rollback of green energy pledges, warned Naked Energy.