All news by author: Lawrence Matheson

1370
Banks paid out more in dividends than any other sector in 2023
HSBC dominated UK dividend payments over 2023, global financial services firm Computershare found.
1170
Yoga teachers could go on strike because of low pay grievance
Unison said its members at Colchester City Council have not had a pay rise for almost a decade
604
Dr Martens' US sales slump by nearly a third and revenues drop by 31%
The company's American business, which last year had to deal with a major warehouse problem, now faces a "weak consumer backdrop", it said.
1288
Best month to sell a house on average is February, says property website
Analysis by Rightmove found homes listed in February have taken 51 days to find a buyer on average, just ahead of March at 52 days
1203
Best and worst UK banks based on switching - from Barclays to HSBC and Santander
The number of current account customers ditching and switching their bank or building society reached a record high in the final quarter of 2023, according to the Current Account Switch Service (Cass)
920
Netflix adds 13.1 million subscribers in 4Q, tops 260 million
Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service
1094
Revolution Bars shares plunge as it warns on cost of living
The business said that while it had seen its best Christmas for four years, customers still seem to be feeling the pressures of the cost of living, which has soared over the last two years
1255
Eurostar passenger numbers rise by more than a fifth in 2023
The rail operator said it carried 18.6 million passengers in 2023, returning to pre-pandemic levels
923
Metro Bank's new billionaire owner has appointed himself to the board
Jaime Gilinski Bacal will join the board as a non-executive director and will help oversee how the business is run
826
Investment giant Abrdn to cut 500 jobs as it seeks to save £150m per year
The firm said that it wanted to save around £150 million per year, and would cut back around 500 jobs as a result
905
eBay to cut about 1,000 jobs, or 9% of its workforce
Online retailer eBay will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is growing in a slowing economy
773
Government urged to drop plans to end ban on agency workers covering strikes
The TUC and the Recruitment & Employment Confederation (REC) urged ministers to reconsider the "ill-judged proposal".
591
Businesses see the fastest growth in 7 months, service sector counters slump
The influential S&P Global/CIPS flash UK purchasing managers' index (PMI) reported a reading of 52.5 in January, up from 52.1 in December
836
Wetherspoons sales rise by £1 in every £10 as it closes pubs
The pub chain said that it had reduced the number of sites it operates by 12 since the start of the period
557
Nationwide slashes mortgage rates by up to 0.81 percentage points
The changes were announced as another major lender said it is tweaking some of its mortgage rates upwards.
1176
Morrisons scraps four-day working week for head office staff after complaints
The supermarket chain has scrapped the four-day working week for head office staff after complaints about working on weekends, meaning 2,000 staff will work 37.5 hours over a four-and-a-half-day week
746
Government 'risks making same mistakes as coal industry' with steel, MPs told
Shadow business secretary Jonathan Reynolds claimed he was "begging" the Government not to make an irreversible decision on Wales's steel industry as he called for further action to prevent the loss of thousands of jobs in Port Talbot
822
Hinkley Point C nuclear plant could cost £35bn and be delayed by three years
The final cost of the Hinkley Point C nuclear plant, being built in Somerset, could be as much as £35 billion, according to the French firm developing it
559
Easy read guide launched to help those with learning disabilities spot scams
The guide has been launched to give people accessible advice on crimes such as romance and impersonation scams
1084
Music venues experienced 'worst year' for closures in a decade, report finds
The Music Venue Trust has called for political parties to require the "most successful parts" of the music industry to pay towards the cost of smaller venues in their forthcoming general election manifestos
641
AGA electric cooker advert banned over 'lowest running costs' claim
The ad for the AGA eR7 Series on the agaliving.com website stated that the range offered the lowest running costs for any heat-storage cast-iron range cooker
1133
British Gas services to be integrated into Samsung SmartThings app
The new partnership will see the energy supplier's PeakSave scheme be introduced to the tech giant's smart home monitoring app, SmartThings
534
Warning drivers being charged £300 more for spreading out cost of car insurance
The average annual cost of monthly payments was £892, while the cost of paying annually in one go was £583.
864
Chancellor given green light for tax cuts as UK borrows less than expected
The Chancellor will be given breathing room to cut taxes or boost spending, economists have said, as the Government borrowed less money than expected last month
857
EasyJet loses £40m due to Israel-Hamas conflict but summer bookings are strong
The airline recorded a loss before tax of £126 million between October and December last year, down from £133 million during the same period in 2022