High rents and longer tenancies boost Foxtons revenues
Tenants are paying more and signing up to longer tenancies, according to a trading update from Foxtons estate agents.The London-listed...
business
Energy company Shell reports profits of $9.5bn for Q3 of 2022 but not at record levels seen in first half of year
Shell has reported operating profits of $9.5bn (£8.19bn) for the third quarter of this year, lower than that of the...
Facebook parent Meta reports fall in quarterly revenue – but still beats expectations
Facebook parent Meta has beaten estimates for its quarterly revenue, helped by its continued dominance of the online advertising market.Revenue...
Elon Musk turns up at Twitter HQ carrying a sink as takeover nears completion
Elon Musk has been seen entering Twitter HQ - carrying what appears to be a sink.Mr Musk tweeted a video...
Bank of America boss commits to UK, despite recent political and economic turmoil
The chairman and chief executive of one of the world's biggest banks says he is "committed to the UK", despite...
End of an era for Ford, struggling air passenger numbers and commitment from big bank
Wilf Frost steps in for Ian King for today's business podcast, where he speaks to the boss of Heathrow Airport,...
Ford to end production of Fiesta cars as it increases range of electric vehicles
Ford has announced the end of the UK's best selling car - the Fiesta.By the end of June next year,...
Jeremy Hunt delays Halloween economic statement
Jeremy Hunt has delayed the announcement of the government's economic plan from Halloween to 17 November, saying it will help...
‘No cancellations this Christmas’ as Heathrow takes steps to avoid travel chaos
The UK's busiest airport is still less busy than pre-pandemic times but is planning measures to prevent Christmas travel chaos.Demand...
Microsoft beats expectations with first-quarter revenue
Microsoft has beaten economists' expectations, reporting first-quarter revenue of $50.12bn (£43.66bn).The figure compares with $45.32bn a year earlier and analysts'...
Why is Rishi Sunak casting such a sombre mood? It’s more about politics than economics
Rishi Sunak says we are facing a "profound economic crisis". Big words, not to mention depressing. But do they really...
Pound hits a six-week high as Sunak becomes prime minister
The pound hit a six-week high as Rishi Sunak became prime minister today, another sign of the markets welcoming the...
Bank of England chief economist criticises government interaction with ‘other institutions’
The chief economist at the Bank of England has criticised the lack of cooperation between Liz Truss's government and state...
WhatsApp down: Thousands of people report being unable to use messaging app
WhatsApp went down for users across the UK this morning, with tens of thousands of people reporting being unable to...
Lowest-cost groceries have become 17% more expensive in the past year, ONS data finds
The price of low-cost everyday grocery items has increased 17% in the 12 months to September, data from the Office...
UK service sector records fastest decline in activity since January 2021
The downturn in the economy has worsened this month as the service sector recorded the fastest decline in activity since...
Rail strikes: ‘Significantly reduced timetable’ as train workers stage 24-hour walk-out
Train passengers have been warned to expect disruption on rail networks as a strike hits services on some of Britain's...
iPhones and iPads get big updates today – including a long-awaited addition
The iPhone and iPad are both getting a bunch of new features courtesy of a software update today.Apple is releasing...
UK financial outlook downgraded to negative by rating agency Moody’s
Moody's rating agency has cut its UK's financial outlook to negative but maintained its sovereign rating at Aa3.On Friday, the...
Scottish Power chief slams government’s handling of ‘unfair’ Bulb sale
Scottish Power has launched a broadside against ministers' handling of the sale of Bulb, the nationalised utility, accusing them of...