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