ConnexionUK growth facing headwinds from tax hikes and spending cuts – OECD
The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.
© PA Wire
© Alamy/PA
Vue lecture
Consumers ‘protecting their holidays’, says On The Beach
The holiday firm reported an 11% rise in pre-tax profits to £27.9 million for the year to September 30.
Peel Hunt cheers ‘positive steps’ in Budget to boost London market and investing
The Chancellor announced a three-year stamp duty holiday on shares bought in new UK IPOs as part of measures to encourage investing in UK shares.
© Alamy/PA
Toby Carvery owner hikes menu prices as it faces £130 million bill
Mitchells & Butlers said rising steak prices had impacted its eateries and Miller & Carter restaurants
© Toby Carvery
Major hotel chain warns of ‘barrage of rising costs’ from Budget
The hotel group says it is now facing higher staff and tax bills
© Travelodge
Government borrowing costs ease back as gilts and pound stage post-Budget rally
Experts said the market was placated by forecasts for a larger fiscal buffer and a credible path to lower government borrowing.
© Alamy/PA
Pets At Home eyes ‘urgent’ cost-saving measures as retail profits plunge
The group said cost-cutting would be a key part of its retail revival plan
© PA Archive
‘Urgent’ action needed to revive Pets at Home retail chain, says interim boss
Pets at Home’s retail business saw profits plunge by 84.1%, leaving overall group profits down by more than a third.
© PA Archive
Rachel Reeves plans stamp duty holiday for investors
The move is aimed at revitalising London’s flagging financial market
© PA Archive
Package holiday demand helps boost easyJet profits
The Luton-based group posted a 9% rise in headline pre-tax profits to £665 million for the year to September 30,
© PA Wire
S4 Capital shares hit new low on profit alert
Fellow advertising firm M&C Saatchi also alerted over profits on Monday, blaming the ‘unprecedented’ US government shutdown.
© PA Archive
BHP abandons latest takeover approach for mining rival Anglo American
The talks took place weeks ahead of Anglo’s shareholder vote on its mega merger with Canadian firm Teck Resources.
EasyJet set to hike profits in face of French strikes and higher costs
Most analysts are forecasting easyJet to report a rise in headline pre-tax profits to £650 million for the year to the end of September.
© PA Wire