bank of england

FTSE 100 hits 7,000

The FTSE 100 has hit 7,000 points for the first time since it the pandemic crash. The blue-chip...

Deliveroo orders surge 114%

Deliveroo has said that orders surged by 114% to 71 million between January and March this year. The...

Tesco reports 20% fall in profits

Tesco has reported a fall in profits, despite a rise in sales. After repaying £535m of business rates...

Boohoo secures warehouse space, creating 500 jobs

Boohoo has secured more warehouse space, which will create up to 500 new jobs. The warehouse, in Daventry,...

UK house prices reach record highs

UK house prices have hit record highs in March. House prices increased 1.1% from February and the cost of...
asos package

Asos revenue surges 25%

Asos has posted record profits as sales have boomed over the course of the pandemic. Pre-tax profits reached...

FTSE 250 hits record highs

The FTSE 250 hit record highs on Wednesday. After it surpassed pre-pandemic levels on Tuesday, trading hit 22,108....

Lloyd’s reports £0.9bn loss

Lloyd’s of London announced a £0.9bn loss following coronavirus losses. Covid pay-outs will total £6.2bn. The group's net...
Next

Next shares rise as group raises profit guidance

Next raised its profit guidance by £30m for this year. Despite store closures amid the pandemic, the group saw...
Deliveroo

Deliveroo shares plunge on stock market debut

Deliveroo shares plunged 30% on its stock market debut on Wednesday. In what was one of the biggest...
UK manufacturing

Car production slumps 14% in February

Car production fell 14% in February - making in the weakest February in over a decade. The Society of...

Retail sales up 2.1%

Retail sales grew 2.1% in February compared to the previous month due to garden furniture sales. Ahead of...
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...