Month: May 2023

Investors in British housebuilders and building suppliers face a crucial month of key reporting dates, as companies reveal how they have fared in a difficult start to 2023. Having experienced a decade-long run of expansion, housebuilders have faced the double-whammy of soaring build costs and a sharp fall in buyer appetite, amid sky-high mortgage rates and…

Worsening probate delays are leaving many bereaved families ‘at their wits’ end’ and out of pocket on reclaiming tax on investment losses, say legal and money experts. Wait times on unlocking estates have lengthened again according to the latest official figures, following a warning by lawyers last month that grieving relatives are suffering emotional anguish…

Avon Protection shares tumble as sales fall and helmets maker warns of softer demand for respiratory masks First-half revenue fell 4.7% to $116m (£93m) but pre-tax loss narrowed to $5.3m Demand for helmets by the US Department of Defence ‘slower than expected’ Full-year revenues are expected to be around 9% lower than last year  By…

Hundreds of thousands of UK homes have had boiler ‘upgrades’ fitted which, instead of saving them money as promised, rack up energy bills by hundreds of pounds. This is Money has learned that non-compliant parts which break energy efficiency regulations are being shipped in from China and sold to plumbers for use in people’s homes….

Watkin Jones shares collapse by a fifth as build-to-rent firm fails to return to profit on redundancy costs and absence of forward sales Watkin Jones posted a £766,000 pre-tax loss for the six months ending March  It made a £16.6m loss last year from spending £28m on building safety work  By Harry Wise For This…

ITV invests up to £4m in pet food and monitoring firm PitPat in broadcaster’s latest ‘media for equity’ deal ITV’s ‘media for equity’ investment fund has also put money behind what3words PitPat’s products allow dog owners to monitor the calorie intake of their pets By Harry Wise For This Is Money Updated: 16:40, 23 May…

The financial regulator has taken a major step towards reviving the retail bond market for Britain’s small investors.  The Financial Conduct Authority (FCA) is consulting on removing barriers to participation in bonds, also known as fixed income, which could see the regulator bring an end to onerous disclosure requirements that effectively bar everyday investors from…

The financial regulator has taken a major step towards reviving the retail bond market for Britain’s small investors.  The Financial Conduct Authority (FCA) is consulting on removing barriers to participation in bonds, also known as fixed income, which could see the regulator bring an end to onerous disclosure requirements that effectively bar everyday investors from…