Jemma Dempsey

May 14, 2024 | finance.yahoo.com | Jemma Dempsey

Jemma Dempsey - BBC Business reporterMay 14, 2024 at 7:30 PM·3 min read[BBC]Trying to find a place to rent in today's market and beating your competitors to the front door can feel like a relentless race that you'll never win. Analysis by the estate agency Savills suggests the competition is becoming more intense, with properties listed for a shorter time now compared with before the pandemic. So with such ferocious demand, what can you do to secure your new home?

May 1, 2024 | yahoo.com | Jemma Dempsey |Tom Espiner

The former boss of Camelot has been confirmed as interim chairman of the Post Office after its last leader was sacked. Nigel Railton has been appointed by Business Secretary Kemi Badenoch after Henry Staunton departed in January. He takes on the role as hundreds of sub-postmasters are still waiting for compensation over the Horizon scandal. Mr Railton spent 24 years at former National Lottery operator Camelot UK before stepping down last year.

Apr 30, 2024 | bbc.co.uk | Jemma Dempsey

The former boss of Camelot will be named as the new chairman of the Post Office after its last leader was sacked, the BBC understands. As first reported by Sky, Nigel Railton has been invited by the Business Secretary to take on the role after Henry Staunton was asked to leave in January. It is expected Mr Railton, who stepped down from Camelot last year, will be confirmed in the position on Wednesday. The government made no comment.

Apr 23, 2024 | bbc.co.uk | Jemma Dempsey

Music streaming giant Spotify has announced record profits of over €1bn (£860m) after a year of cutting costs and laying off staff. The Swedish company has been growing its user base for years, offering subscribers access to podcasts and audiobooks. But its quarterly gross profit came at the expense of missing its forecast for monthly active users. Last year it cut 17% of its workforce in a move to clamp down on costs.

Apr 22, 2024 | aol.com | Nick Edser |Jemma Dempsey

April 22, 2024 at 12:09 PM[Getty Images]Some of the UK's biggest banks are raising mortgage rates as expectations of when the Bank of England will cut interest rates are pushed back. Barclays, HSBC and NatWest are all increasing some costs on fixed-rate mortgage deals from Tuesday. Mortgage rates have risen over the past few weeks as views have changed on when the Bank might cut borrowing costs. The Bank is now not expected to cut its benchmark rate as early or as often as previously thought.