UK economy

Britain would be better off with fewer buy-to-let landlords, says L&G

Business
Robert Johnson

It emerged last month that UK rents rose at a record rate of 9.2pc in March, taking the average monthly rent across ...

Hong Kong stocks surge as China bails out markets

Business
Robert Johnson

Thanks for joining me. Hong Kong led another rally across Asian markets thanks to a surge in tech giants, putting it on ...

Shell smashes estimates with £6.1bn profit

Business
Robert Johnson

Oil giant Shell surprised markets with profits that came in more than £1bn higher than analyst estimates. Adjusted net income, its preferred ...

Taxpayer to fork out £85bn to cover Bank of England losses

Business
Robert Johnson

Thanks for joining me. Banking giant HSBC has shocked markets with the news that its chief executive Noel Quinn will unexpectedly retire ...

Rolls-Royce scales back plans to build nuclear factories in UK

Business
Robert Johnson

Instead the engineering giant will now buy its heavy pressure vessels from a third party supplier. The large, metal components sit at ...

FTSE miner rejects ‘opportunistic’ £31.1bn takeover offer

Business
Robert Johnson

Thanks for joining me. British mining giant Anglo American has rejected a blockbuster £31.1bn takeover bid from Australian rival BHP, arguing that ...

FTSE mining giant surges after £31bn takeover bid

Business
Robert Johnson

Thanks for joining me. Shares in British mining heavyweight Anglo American are on track to rise when trading begins after it confirmed ...

Only one Western country suffers bigger household spending cut than UK

Business
Robert Johnson

She said: “The UK had the worst of both worlds, a big energy shock like the eurozone and worse labour shortages like ...

GB News to axe 40 jobs weeks after revealing heavy losses

Business
Robert Johnson

GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses. Staff were informed of the cuts at ...

Badenoch attacks diversity red tape for stifling Britain’s growth

Business
Robert Johnson

Kemi Badenoch has attacked plans by the City regulator to set diversity targets for finance companies, arguing the proposals are counterproductive and ...