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News

  • October 8, 2024

Unite Students: Record demand for beds amid university housing shortages

Unite Students has reported strong growth and nearly-full student accommodation blocks amid record demand from students and still-constrained supply. Unite told markets this morning that like-for-like

  • October 8, 2024

Motorpoint: Used car supermarket returns to profitability after ‘most difficult year’ in its history

It reported retail volume growth of 17 per cent in the first half with "strong momentum" going into the next six months.

  • October 8, 2024

Selfridges: Saudi Arabia’s PIF invests in department store group

Saudi Arabia’s Public Investment Fund (PIF) is now a joint owner of the business behind upmarket department store chain, Selfridges, it has been confirmed. Thai investor Central Group has announced

  • October 8, 2024

Cosy Club owner Loungers reports strong growth amid new openings

Cafe and bar operator Loungers has said it delivered “like for like sales growth” of 4.7 per cent, amid a string of new hospitality openings boosting its portfolio. The Cosy Club, Loungers and Bri

  • October 8, 2024

FTSE 100 leader Vodafone and Google expand AI partnership

The agreement will mean Vodafone's customers in 15 countries - as well as partners in 45 more - will see additional storage, security features and AI assistance.

  • October 8, 2024

Ofwat orders water firms to pay £157.6m for missing performance targets

Water companies will have to pay a £157.6m penalty after missing key targets on reducing pollution, leaks and supply interruptions while customer satisfaction continues to fall, Ofwat has said. Not o

  • October 8, 2024

S&U fires barbs at regulator after motor finance probe dents profit

Specialist lender S&U fired another salvo at the Financial Conduct Authority (FCA) today as it blamed regulatory pressure for the “uninspiring performance” of its motor finance business in the fir

  • October 8, 2024

Oasis tickets and discounts ensure September spending doesn’t slide away

Retail sales in the UK have held up despite a dip in confidence, driven by widespread discounts and a spike in entertainment spending after Oasis‘ tickets went on sale. Consumer card spending increa

  • October 8, 2024

UK’s cash-strapped fintechs brace for buyouts as London IPOs stall

Amid a dearth of IPO activity, the UK's fintech sector is bracing for more consolidation as successful start-ups expand and established players fend off future rivals.

  • October 8, 2024

Social impact investors demonstrate ‘stability’ as market hits £10bn

Britain’s social impact investment market has “once again” grown, as investors show confidence within impactful investments, a new report has revealed. According to an annual assessment by one o

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