BP profits hammered by lower energy prices
BP said its underlying replacement cost profit - its preferred measure - totalled £2.2billion in the opening three months of 2024, compared to £4billion last year.
Source: thisismoney.co.uk
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MPs set to grill FCA boss Nikhil Rathi on 'name and shame' plan
Rathi (pictured) will be questioned over the proposals - which have provoked a fierce backlash - at the Commons Treasury select committee.
Source: thisismoney.co.uk
House prices to jump 2.5% as economy brightens and mortgage rates fall, says Savills
Savills' forecast is the latest to take a more upbeat view. Lloyds, Britain's biggest mortgage lender, also recently said it saw prices rising this year.
Source: thisismoney.co.uk
Attacks in the Red Sea are escalating, warns shipping giant Maersk
Container vessels have been rerouted around the southern tip of Africa since to avoid attacks by Iranian-backed Houthi militants in the Red Sea.
Source: thisismoney.co.uk
Britain 'must lay out red carpet' to retain top tech firms
Suranga Chandratillake says he fears that start-ups being bought up by foreign predators or listing overseas could see none left in British hands.
Source: thisismoney.co.uk