Barratt warns property market is slowing despite record profits

Barratt warns property market is slowing despite record profits

Barratt warns the property market is slowing despite posting record profits of over £1bn According to Calum Muirhead for the Daily Mail Posted by: 4:50 PM EDT, September 7, 2022 | Updated: 4:50 PM EDT, September 7, 2022 Barratt Developments has warned that the housing market is slowing after it reported record profits of more…

MARKET REPORT: Bank stocks boosted by promise to raise rates

MARKET REPORT: Bank stocks boosted by promise to raise rates

Bank stocks were boosted as traders forecast higher central bank interest rates following hawkish comments from US Federal Reserve Chairman Jerome Powell last week. NatWest rose 9.5 per cent, or 22.24p, to 257.55p, Barclays rose 1.6 per cent, or 2.6p, to 164.7p 6.5p to 529.5 pa Standard Chartered rose 0.8 percent, or 4.4p, to 594p….

MARKET REPORT: Insurers fall as inflation raises claim costs

MARKET REPORT: Insurers fall as inflation raises claim costs

Shares in Direct Line plunged after it warned soaring inflation was pushing up the cost of insurance claims. The FTSE 100 insurer fell 10.5 per cent, or 22.75p, to 193.65p, its lowest level in almost a decade, after it warned the motor insurance market was experiencing “significant levels” of inflation. This is due to the…

Ten tips to survive the first year in business

Ten tips to survive the first year in business

Barriers to starting a business have been lowered and with over 5 million small businesses, Britain is undoubtedly a business hub. Despite lockdown restrictions, the pandemic has prompted many Britons to start businesses, with around 800,000 companies registered in the first year of the pandemic. But not everyone is so lucky. It is estimated that…