Financial News
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FinancialNews is owned and operated by M2 Communications Group. The site is a dedicated financial news website, covering banking and finance and mergers and acquisitions on a global level, as well as a strong focus on business activity and economics in the United Kingdom.
Financial News
16h ago
Trainline has reported over £5bn in ticket sales and strong profit growth for the year. Operating profit for the 12 months to 29 February 2024 doubled to £56m, with adjusted EBITDA up 42 ..read more
Financial News
16h ago
The UK economy will see “sluggish” growth over the next two years, according to the Organisation for Economic Co-operation and Development (OECD). High inflation and a succession of interest rate rises to 5.25 ..read more
Financial News
16h ago
UK house prices fell slightly in April as borrowing costs weighed heavily on potential buyers. The latest monthly report from Nationwide showed that prices were down 0.4% compared with March, taking the annual ..read more
Financial News
3d ago
Hotel and restaurant group Whitbread is planning to close some restaurants and expand its hotel business as part of a reorganisation announced on Tuesday. The company — whose brands include Premier Inn, Beefeater ..read more
Financial News
4d ago
Giving Pledge philanthropist Yuri Milner launched Tech For Refugees in spring 2022 with his wife Julia. Their initiative supports leading tech organisations that use their networks and expertise to bring aid to the world’s refugees ..read more
Financial News
1w ago
The number UK businesses fighting for survival has increased in the past year, according to insolvency firm Begbies Traynor. A total of 554,554 firms — across all major sectors — were classed as ..read more
Financial News
1w ago
UK housebuilder Persimmon has said it is on track to build between 10,000 and 10,500 homes this year as the property market continues to recover. In January-March the company completed 1,027 homes, slightly ..read more
Financial News
1w ago
Lloyds Banking Group has reported a 28% drop in first quarter profit, but said the figure was in line with expectations. The group — which owns Lloyds Bank, Halifax and Bank of Scotland ..read more
Financial News
1w ago
Grocery price inflation in the UK is continuing to come down, partly due to increased spending on promotional items, according to the latest data. Industry analyst Kantar found that grocery price inflation fell ..read more
Financial News
1w ago
The train drivers’ union, ASLEF, has announced a new series of strikes and an overtime ban for the bank holiday week in early May. It’s part of a long-running pay dispute with 16 ..read more