Hays: Profit cut in half at recuiter
Hays has reported another drop in profit as it struggles amid a long-running in the recruitment sector. Group net fees, a key performance indicator in the recruitment sector, dropped 13 per cent in th
Lloyds misses profit estimates and increases motor finance provisions
Lloyds Banking Group’s profit has taken a hit after the firm set aside additional funds for potential motor finance payouts. The FTSE 100 lender’s pre-tax profit was down 20 per cent at £6bn, com
British Gas owner hikes dividend as earnings beat forecasts
British gas owner Centrica has hiked its dividend and promised further buybacks as full-year earnings beat consensus forecasts. The FTSE 100 energy firm reported earnings before interest, taxation, de
AEG’s Paul Samuels: ‘No one believes my kids when they say I named the O2’
AEG's Paul Samuels helped made the Millennium Dome into the O2. He tells us about how his career has shaped up since.
UK equity markets could do with some shock therapy
My favourite explanation as to why UK pension funds have shrunk their investments in UK equities from around 50 per cent in the 1990s to a paltry 3 per cent today was offered to me recently by one of
Workers’ rights: A third of small firms plan to cut jobs
A third of small businesses expect to cut jobs in the near future due to fears that the government’s upcoming workers’ rights package will leave them facing painful tribunals and a higher sick pay
Consumers’ outlook on the economy drops for fifth month in a row
Consumer confidence has dipped again in the UK, with Brits’ outlook on the state of the economy dropping for the fifth month in a row. Public expectations for the economy over the next three months
Mark Kleinman: FCA is naming and shaming itself, not the City
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles name and shame at the FCA, a gamble at Entain and a business g
London Stock Exchange Group upgraded ahead of results
Analysts have upgraded London Stock Exchange Group as investors prepare for the bourse’s full-year results next week, with hopes that a further share buyback programme will be announced. In a resear
Lloyds sets aside over £1.1bn for motor finance claims
Lloyds bank announced on Thursday morning that it had set aside an additional £700m in provisions for potential motor finance payouts, on top of the £450m recorded last year. It has become the lates