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The telecoms giant reported first-half operating profits fell by 44.2% to €1.7bn Its organic service revenue rose thanks to solid results across the UK and Africa Vodafone sold its Vantage Towers, Hungarian and Ghanaian divisions last year By Harry Wise Updated: 16:11 GMT, 14 November 2023 Vodafone Group’s first-half profits plummeted as the telecoms group … Read more
Wheel Topco blamed ‘market conditions’ for not making a bid for the group By Jane Denton Updated: 16:51 GMT, 7 November 2023 Wheel Topco, the owner of Pizza Express, has confirmed it will not be making an offer for The Restaurant Group ‘due to market conditions’. TRG said last month it had received a request … Read more
The Bradford-based company revealed that liquidation is ‘likely to be required’ Earlier this week, it revealed approximately 680 employees had lost their jobs By Daniel Fessahaye Updated: 16:11 GMT, 3 November 2023 Safestyle UK directors will ‘likely’ place the firm into liquidation after the retailer collapsed into administration earlier this week. The Bradford-based company told … Read more
The Bank of England will cut the base rate to around 3 per cent by late 2025, according to the latest forecasts. That would be a substantial decline from the current 5.25 per cent, but would still represent rates rising like a rocket and falling like a feather. Since December 2021, when it stood at … Read more
Only two providers are offering one-year fixed-rate accounts paying over 6% Union Bank of India pays 6.05% and Habib Bank Zurich pays 6.03% A savings expert said these rates could be pulled as soon as Friday By Helen Kirrane Updated: 18:04 GMT, 31 October 2023 The race to get a top paying one-year fixed rate … Read more
By This Is Money Updated: 18:03 GMT, 31 October 2023 House prices are forecast to keep falling even if the Bank of England keeps the base rate on hold this week. We explain why Zoopla’s property experts predict more bad news to come for the housing market and look at what’s happening to mortgage rates … Read more
‘Resteal’ scam sees used-car buyers duped into buying a cloned vehicle Days after purchase, con artists who sold it to them steal it back with a spare key By Rob Hull Updated: 17:57 BST, 24 October 2023 Drivers are being warned of a ‘worrying increase’ in a used-car selling scam – and experts say motorists … Read more
Barclays revealed pre-tax profits of £1.9bn for the quarter ending September Its total income fell to £6.3bn due partly to the impact of merging two divisions The firm’s earnings were further dragged down by rising operating expenses By Harry Wise Updated: 16:34 BST, 24 October 2023 Barclays’ third-quarter profits fell narrowly following a slowdown in … Read more
Santander has cut rates by between 0.05 and 0.56 percentage points The rate changes include several new best buys for homebuyers Its cheapest five-year fix now charges 4.64% with a £999 arrangement fee By Ed Magnus Updated: 15:00 BST, 24 October 2023 Santander has become the latest lender to slash rates on its mortgages. From … Read more
By This Is Money Updated: 16:23 BST, 20 October 2023 What’s happening to house prices? Are energy bills set to fall further? What’s the latest on inflation? Which companies have reported results and what shares are on the move? If you want to know the answers to these questions and more, tune in to This … Read more