2 h. ago Primark owner delivers warning to Rachel Reeves over ‘mistaken’ rate changes

Chancellor Rachel Reeves faces the daunting task of boosting Treasury revenues to address a potential £40 billion deficit in state finances

Events

2 h. ago Primark owner says larger stores to come under pressure from rates changes

George Weston said the Government ‘should not increase taxes on businesses any more’ in November.

Events

66 h. ago You can still buy a home in Britain for under £150,000... here's where

With many buyers buckling under the pressure of high living and mortgage rates , tracking down an affordable home in a desirable location is increasingly challenging.

Economics

4 d. ago FTSE 100 Live 10 September: Shares setback for Primark owner, Vistry profits slump

The performance of retail chain Primark is in focus after owner Associated British Foods published an update today.

Politics

4 d. ago FTSE 100 Live 10 September: Shares slide for Primark owner, Vistry profits weaken

The performance of retail chain Primark is in focus after owner Associated British Foods published an update today.

Politics

4 d. ago FTSE 100 Live 10 September: Primark UK sales improve, Vistry profits slump

The performance of retail chain Primark is in focus after owner Associated British Foods published an update today.

Economics

4 d. ago Primark owner says sales improving despite ‘consumer caution’

Like-for-like sales are expected to have dropped by around 2% over the current half-year but were offset by the group’s store expansion plans.

Politics

9 d. ago High street giants to reveal sales as bosses warn over rising costs

Primark’s owner Associated British Foods and John Lewis Partnership are set to give investors an update on recent trading.

Events

2 w. ago Tesla sales fell 40% across Europe in July; Drax shares tumble 10% after FCA launches investigation – business live

Rolling coverage of the latest economic and financial newsShares in power generator Drax have tumbled by 10% after it revealed this morning it is being investigated by the City watchdog.Traders drove Drax’s share price down to 630p in early London trading, down from 703.5p last night, following the news that the FCA is probing whether its recent annual reports comply with UK Listing Rules.Meanwhile, possible electricity rate adjustments and higher rice tariffs could raise inflationary pressures over the policy horizon. The Monetary Board observed that domestic demand has held firm. However, the impact of US policies on global trade and investment continue to weigh on global economic activity. This could temper the outlook for the Philippine economy. Continue reading...

Economics