Business Live with Ian King: Uber announces first full-year profit since being listed five years ago

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Join Ian King and guests for all the latest business news from the City, as the San Francisco-based company, Uber said its income from operations was $1.11bn in 2023, up from a loss of $1.832bn in 2022, and beating expectations.

Revenue for the final quarter of 2023 was up 15% compared with the same period in 2022.

Market analysts say the company could announce a share buyback programme as early as next week.

Plus, UK house prices rose in January for the fourth consecutive month, the Halifax said today.

The UK's biggest mortgage provider said house prices rose by 1.3% month on month and by 2.5% on a year-on-year basis. It said that was the highest annual rate of growth seen since January last year

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