EE

BT to pay £1,500 bonus to frontline staff

BT has announced plans almost 60,000 frontline workers a Covid bonus of £1,500. The telecoms company that it...
retail sales

High street sees 11,000 stores close in 2020

Over 11,000 shops across the British high street closed in 2020. New data from the Local Data Company (LDC)...
borrowing

UK borrowing hits record highs

UK borrowing reached the highest levels since records began in 1993. In February, the UK government borrowed £19.1bn according...
Ocado shares rise but losses widen

Ocado posts 40% rise in Q4 sales

Ocado has posted a 40% rise in sales in Q4. The online grocer said that it saw a “dramatic and...

National Express posts £381m loss

National Express has posted a £381.4m operating loss for 2020. The group's operating profit swung from £242m in 2019...

Dignity posts £19.6m loss

Dignity has announced a £19.6m loss for the last year, despite a high death toll amid the pandemic.

Burberry shares jump on growth in sales

The Burberry share price surged 7% on Friday morning after the group upgraded its full-year profit forecast. Thanks...

UK economy down 2.9% in January

New data from the Office for National Statistics showed the UK economy to shrink by 3.5%. As the new...
Rolls Royce SFO

Rolls-Royce swings to £4bn loss

Rolls-Royce (LON: RR) has plunged to a £4bn loss in 2020. Compared to the £306m profit in 2019, profits...
Deliveroo

Just Eat Takeaway posts bumper results

Just Eat Takeaway posted a bumper set of results for 2020 as the pandemic boosted sales. Revenue surged...
Nationwide house price index

House prices dip, new data reveals

UK house prices are edging lower this week, perhaps suggesting an end to the housing boom. New data...

William Hill posts 91% drop in profits

William Hill has posted a 91% fall in pre-tax profits to £9.1m in 2020. The group, which is being...

Furlough set to extend till September

The furlough scheme is set to be extended until September. The scheme, which has been running for almost...

Sunak to announce ‘Help to Grow’ plan for SMEs

Rishi Sunak will unveil a “help to grow” scheme for small and medium-sized enterprises (SMEs). In order to...

IAG reports record losses

British Airways owner, IAG, has reported a record loss in 2020. The group posted a total annual operating loss...

Centrica posts £362 loss, shares fall

Centrica, the owner of British Gas, reported a £362m statutory loss. The combination of the pandemic, warmer weather...

Stamp duty holiday to be extended

Chancellor Rishi Sunak is reportedly planning to extend the stump duty holiday until the end of June. As...
retail sales

UK retail sales slump 8.2% in January

UK retail figures in the UK fell 8.2% over January whilst government borrowing also hit highest levels since record began.
Barclays' stock price

Barclays resumes dividends

Barclays has posted better than expected results with profits dropping 30% to £3.1bn. Analysts expected profits to come...
Inflation

Inflation rises to 0.7%

UK inflation rose to 0.7% in January, which is more than economists predicted. The Office for National Statists...