The dominant services sector is expected to be the best-performing part of the UK economy in the second half of the year as other industries struggle with “tepid” growth, according to a new survey. The CBI’s latest measure of the private sector found that overall activity was expected to rise in the three months to…
Profits at Britain’s biggest household energy supplier are now expected to be at least six times higher than in the first half of last year after the regulator increased the price cap to compensate for having set it too low in the past. British Gas, owned by Centrica, is poised to report record first-half profits…
A challenging trading backdrop has forced Kainos Group to cut its revenue forecasts for the year, pushing the IT consultancy’s shares to their lowest level in more than four months. The FTSE 250 company, which designs information technology systems for private and public sector clients, said it would report only a “small increase” in revenue…
There was a time, not that long ago, when Britain’s commercial property market was dominated by the likes of British Land and Land Securities. The former was known as the owner of the Meadowhall shopping centre in Sheffield and the Cheesegrater tower in the City of London; the latter built 20 Fenchurch Street, better known…