Ofwat blocks nine water firms from using customer cash for hefty bonuses
Ofwat said it would use new powers to prevent customers paying for £6.8m in payouts across the industry, 73 per cent of the total.
Close Brothers restarts motor finance lending following landmark ruling
Close Brothers has restarted its motor finance lending practice a month after a landmark court ruling over the legality of its business. On 25 October, a court ruled that a broker could not lawfully r
Jet2 hikes dividend on record profit as holiday prices rise again
Average package holiday prices grew six per cent to £904, with inflation leading to higher costs for consumers, Jet2 said.
JD Sports: Shares slump as profit at FTSE 100 giant to be at lower end of expectations
JD Sports has revealed its full-year profit will now be towards the lower end of its expectations after softening consumer demand hit its sales. The Greater Manchester-headquartered FTSE 100 giant had
Liontrust: Asset manager launches cost-saving spree as profit shrinks
Liontrust’s profit continued to sink over the last six months, as the asset manager reported a 28 per cent drop in adjusted profit before tax. Despite a drop in adjusted profit before tax to £25.8m
Borrowing in October hits second-highest on record after inflation blow
The government borrowed £1.6bn more in October than the previous year, making it the second-highest figure for the month in more than 30 years. The government’s borrowing – the difference between
Rachel Reeves needs to channel Alexander the Great, says City group
The Association of British Insurers called on Rachel Reeves to break the “regulatory Gordian knot” last night – Hannah Gurga told City AM why the group is calling for faster reform. According to