UK house prices surge to highest point since January to end months of stagnation after rate cut
Renewed momentum in the property market has seen UK house prices rise at the highest rate since January, ending a three-month spell of stagnation. House prices increased by 0.8 per cent in July, with
Coca-Cola HBC raises guidance after strong half despite currency headwinds
Coca-Cola HBC AG has raised its guidance after the company reported another strong six months of growth, despite currency headwinds eating into the group’s profits in emerging markets. The bottling
‘More work to do’ on airport accessibility, aviation watchdog warns
Britain's aviation regulator has said "more work" needs to be done to improve airport accessibility, despite significant improvement over the last year.
WPP sells majority stake in FGS Global to KKR as group growth flounders
WPP also reported its interim results in a separate announcement. Despite flat revenue at £7.2bn, there was a 2.6 per cent drop on a like-for-like basis.
Legal & General beats profit estimate and raises dividend amid strategic overhaul
Legal & General (L&G) has raised its dividend as its profit for the first half of 2024 exceeded expectations, after its new chief promised a "simpler" future.
Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’
Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for the six months to 3
Thames Water handed more special measures from Ofwat after credit rating downgrade
Thames Water will be made to appoint an independent monitor and develop a “suitable” turnaround plan as part of a raft of new measures from the regulator after the its credit rating was downgraded
Why Virgin Atlantic’s cooking oil flight ad was banned for being ‘misleading’ on green claims
A ruling by the UK ad watchdog has raised questions over Virgin Atlantic's "groundbreaking" biofuel-powered flight across the Atlantic last November.
UK Government doles out £32m for AI projects – after ditching £1.3bn pledge
The British government has announced plans to back 98 artificial intelligence (AI) projects across the country with an injection of £32m. The funding, which aims to supercharge ‘high-growth’ indu