Cost-cutting pays dividends at TSB as bank reports record year
TSB's pretax profit increased to £290.4m, 22 per cent higher than the year before and a record since the bank returned to the high street in 2013.
House prices hit record high in January ahead of stamp duty deadline
According to new data, the average UK house price hit a record high of £299,138 in January ahead of the loss of first-time buyer stamp duty relief in April. House prices rose 0.7 per month on month a
JP Morgan Global Growth & Income makes offer for Janus Henderson competitor
JP Morgan’s Global Growth & Income trust, one of the most popular investment trusts on the market, is set to take over a smaller competitor run by Janus Henderson. The £3.1bn JP Morgan trust has la
Landlords granted reprieve by Labour as energy efficiency timeline extended
The government has officially extended the deadline for landlords to tighten energy requirements in the privately rented sector by two years to 2030. As of 2030, all private landlords will be required
Amazon shares plunge after tech giant misses earnings
Amazon missed expectations for its cloud computing arm, raising concerns about the tech leader’s investment in artificial intelligence (AI). On Thursday, the tech behemoth told the market that its c
Legal & General shares soar as firm sells US insurance business for £1.8bn
Following the deal, Meiji Yasuda will own L&G's US protection business and have a 20 per cent economic interest in its pension risk transfer (PRT) business.
Ashmore: Emerging markets giant stock jumps after beating expectations
Emerging markets specialist Ashmore has once again beaten expectations despite recording yet more outflows, leading its stock price to rise 1.6 per cent. The FTSE 250 money manager’s half-year resu
UK private medical insurance sign-ups near-record high amid NHS backlog
Nearly one in eight Britons now have medical insurance, a near-record high, as delays to NHS care drive customers to go private. The number of people with private medical insurance rose to a record hi
Lawyers warn ’employment claims have become a costly burden for businesses’
Lawyers urge businesses to stay ahead of law changes after a report revealed employers are devoting more than a month to deal with employment claims
Shein set to slash target valuation for London Stock Exchange float
Fast fashion giant Shein is poised to slash the target valuation for its planned float in London as it grapples with new trade barriers in the US and growing political concerns in the UK, according to