Category : Search result: bank profits


Paragon Banking eyes M&A after capital rule change

Paragon Banking Group's CEO Nigel Terrington signals acquisition plans following a key regulatory reform. The lender's results show profit growth but rising provisions for motor finance and development loans.

Hotel Profits Fall as Costs Rise in UK and London

UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.

Businesses Could Earn £10,000 in Quiet Interest

A new digital business account from Allica Bank offers high interest on idle cash and cashback, potentially earning firms £10,000 a year. Discover how to boost your bottom line effortlessly.

Thames Water profits leap as funding crisis looms

Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.

M&B profits jump 20% amid £130m cost pressures

Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth while facing £130m cost pressures from wage hikes and inflation. Discover how pub giants navigate economic challenges.

Bank shares volatile amid Treasury Budget leaks

UK bank stocks experience dramatic swings as Treasury's conflicting Budget leaks create market uncertainty. Lloyds and Barclays see-saw while tax hike rumours persist. Analysis inside.

EasyJet profits climb as holidays sell well

EasyJet reports a 9% rise in annual profits to £665m, driven by strong demand for package holidays. Discover how popular destinations and strategic expansion fuel growth.

Women's strike, gang recapture in global photos

Powerful images from Friday include South African women's anti-violence protest, Guatemalan gang leader capture, and West Bank tensions. See the world through Guardian's lens.

Fiscal Uncertainty: Britain's Hidden Business Tax

MP Liam Byrne warns Britain's fiscal instability is a major tax on growth. Discover the five key shifts needed to unlock investment and rebuild the UK's growth machine for the AI age.

UK inflation falls to 3.6%, boosting rate cut hopes

UK inflation falls to 3.6% in October, signalling potential interest rate cuts. Chancellor Rachel Reeves prepares budget measures to accelerate price drops as Bank of England remains divided.

Inflation falls to 3.6% amid rising food costs

UK inflation eased to 3.6% in October, but food prices climbed to 4.9%. The Bank of England faces pressure on interest rate decisions. Read the latest economic analysis.

UK inflation falls to 3.6% ahead of budget

UK inflation eased to 3.6% in October, marking the first decline in five months. The drop comes ahead of Rachel Reeves's crucial budget statement. Read the full analysis.

UK inflation falls to 3.6% in October

UK inflation is forecast to have cooled to 3.6% in October, down from 3.8%. This could ease pressure on households and influence the Chancellor's upcoming budget. Read the latest analysis.

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