BUSINESS LIVE: HSBC profits plunge; Hammerson in sale talks; Purplebricks reports revenue slide

BUSINESS LIVE: HSBC profits plunge; Hammerson in sale talks; Purplebricks reports revenue slide By This Is Money Published: 08:04 BST, 3 August 2020 | Updated: 08:09 BST, 3 August 2020    HSBC has reported a 65 per cent drop in pre-tax profit in the first half of the year as the UK’s largest bank was … Read more

Businesses warned not to hike prices to make up for lost revenue ahead of reopening

Pubs, restaurants and hair salons are warned not to hike prices to make up for lost revenue under social-distancing rules when they reopen on July 4 Businesses fear fewer people being allowed inside will have a financial impact A quarter of restaurants intend to increase prices upon reopening, says a poll  Ministers insist businesses have … Read more

Healthcare revenue falls by nearly HALF across the US during the coronavirus pandemic

Healthcare revenue falls by nearly HALF across the US during the pandemic after Americans avoided hospitals for fear of catching COVID-19 Researchers found that healthcare revenue saw a 48% decrease in April 2020 compared to the same time last year Professional health services were also used 68% less during the coronavirus pandemic from 2019 Oral … Read more

Instagram introduces ads and badges to IGTV that let creators share in revenue for first time

Instagram introduces ads and purchasable badges to IGTV that let creators share in revenue for first time Instagram will allow IGTV creators to share in ad revenue The ads will be rolled out to select creators’ channels Creators will take a 55 percent cut while the rest goes to Instagram The platform will also roll … Read more

Coronation Street and Emmerdale stars ‘are bracing themselves for a pay cut as ITV ad revenue falls

Coronation Street and Emmerdale stars ‘are bracing themselves for a pay cut as ITV ad revenue falls but station’s top talent like Holly Willoughby, Phillip Schofield and Ant and Dec are safe’ ITV stars are reportedly bracing themselves for pay cuts as the channel’s ad revenue has plummeted amid the coronavirus crisis  Top stars such … Read more

Coronavirus housing market freeze to cost Treasury more than half its stamp duty revenue

If you’re trying to move house and are unsure how the Government’s announcement will affect you, removal quote provider Reallymoving has put together the following advice:  Securing a mortgage  · Be prepared to provide evidence of job security, something banks will be checking even more closely than usual. · With surveyors currently unable to carry … Read more

FTSE LIVE: Ladbrokes owner hails ‘excellent’ year; Gym Group posts healthy revenue

FTSE CLOSE: Retail sales slide again; Ladbrokes owner hails ‘excellent’ year; Gym Group posts healthy revenue growth By This Is Money Published: 08:13 GMT, 17 January 2020 | Updated: 17:10 GMT, 17 January 2020   The FTSE 100 closed up 64.75 points at 7674.56 and the pound was at $1.30 against the dollar. In the … Read more