BUSINESS LIVE: CPI flatlines at 6.7%; Barratt warns of 'uncertain' outlook; Whitbread profits soar

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 90%

Business News News

Business Business Latest News,Business Business Headlines

Among the companies with reports and trading updates today are Barratt Developments, Whitbread, 888, Kin and Carta, Supreme, LBG Media, Sosandar and Just Eat.

> If you are using our app or a third-party site click here to read Business Live

07:42EVs set to become £3,400 more expensive due to new trade rulesIf you thought electric vehicles were expensive now, a post-Brexit trade rule set to be introduced in months will send the average price of a battery-powered car rocketing by an average of £3,400, the automotive industry body has warned.

Profits fell by 36 per cent to £1.54billion in the third quarter partly thanks to an ill-fated foray into consumer banking. Pound slumps as slowing wage growth hints at no further rate hikesSterling dipped by nearly a cent to as low as $1.2132 after the ONS said average earnings grew by 7.8% in the three months to August.This is MoneyBuyout firm CVC Capital Partners plots £12bn flotation The Luxembourg-based private equity firm, which was previously valued at £12billion, is preparing to announce its intention to float in the coming days.

'We think the Bank of England has done enough and will be led by external factors, such as the Federal Reserve, but they will not want to appear to be doing nothing, especially when inflation remains so high. 'This is a sign that the second wave of inflation is subsiding, but the third wave is ahead of us. The swiftly rising tensions in the Middle East are exacerbating the situation.

Dominic Paul, Whitbread CEO, said: 'The Group is in excellent shape, trading well and has significant growth potential, both in the UK and Germany.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

North Yorkshire farm shop remodels business to showcase local creatives during ‘challenging’ business environmentA Pocklington farm shop has remodelled its business in a bid to keep up with the “challenging” retail environment, repurposing the shop to create a Showcase and Sell emporium for local creatives and makers to sell their products.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Investment firm CEO, 43, loses harassment lawsuit after sending a bag of manure to his business...Simon Lyons (pictured) and Farid Alizadeh, 43, set up their business, Enstar Capital Ltd, in 2004 and for years worked together on more than £100m worth of developments.
Source: DailyMailUK - 🏆 7. / 90 Read more »