Business & Finance

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BUSINESS LIVE: 888 profits slump on regulatory shake-up

BUSINESS LIVE: 888 profits slump on regulatory shake-upBy Live Commentary Updated: 09:37 BST, 28 September 2023 The FTSE 100 is down 0.5 per cent in [...]

Deliveroo to return up to £250m to shareholders with tender offer

Deliveroo to return up to £250m to shareholders with tender offerDeliveroo shares rose by over 8% on Thursday; up over 36% in a year  By Jane [...]

Inland Homes to appoint administrators as cash dries up

Inland Homes to appoint administrators as cash dries upInland Homes expects its shares to be cancelled on 4 October  By Jane Denton Updated: 08:54 BST, 28 [...]

Ten ex-Wilko stores set to reopen under Poundland

Ten ex-Wilko stores set to reopen under PoundlandBy City & Finance Reporter Updated: 08:29 BST, 28 September 2023 Ten former Wilko stores are set to [...]

Poor practice at PWC ‘uncorrected’, says former telecoms boss

Poor practice at PWC 'uncorrected', says former telecoms bossBy City & Finance Reporter Updated: 08:11 BST, 28 September 2023 PWC'S scandal-hit Australian division adopted a [...]

H&M blames sales slump on September sun

H&M blames sales slump on September sunBy City & Finance Reporter Updated: 08:06 BST, 28 September 2023 Hight Street fashion chain H&M warned of tumbling [...]

Rural drivers are hit by the lack of electric car chargers as they have to drive 13 times further than motorists in London to reach one, report finds

Rural drivers are hit by the lack of electric car chargers as they have to drive 13 times further than motorists in London to reach [...]

Barbie and Oppenheimer too late to stop Everyman falling to a first-half loss

Barbie and Oppenheimer too late to stop Everyman falling to a first-half lossThe London-based cinema chain made a £4.3m for the six months ending JuneFalling [...]

Analysis of the USD/CHF dynamics

Switzerland stands as one of the priciest places to call home, but it balances this with its remarkable stability and resilience, evident in its currency’s [...]

Hiscox to sell motor and travel insurer DirectAsia

Hiscox to sell motor and travel insurer DirectAsiaIgnite Thailand Holdings has agreed to purchase DirectAsia from HiscoxHiscox said the decision to sell DirectAsia follows a [...]

English winemaker Chapel Down considers AIM listing

English winemaker Chapel Down considers AIM listingChapel Down has received planning approval for new winery near CanterburyBy Jane Denton Updated: 13:04 BST, 27 September 2023 [...]

Saga eyes ‘significant’ profit growth as holiday demand booms

Saga eyes 'significant' profit growth as holiday demand boomsSaga reported turnover increased by 15% to £355.3m for the six months to JulyAn absence of travel [...]

Facebook owner Meta abandons its London office as tech companies cut back on space

Facebook owner Meta abandons its London office as tech companies cut back on spaceMeta £149m to surrender its rent contract, despite  having 18 years left on leaseBig [...]

UK engineer Smiths Group hails record sales driven by demand for new inventions

UK engineer Smiths Group hails record sales driven by demand for new inventionsSmiths Group's revenue jumped 18.3% to £3.04bn in just 12 months The firm said demand for [...]

Shares in British camera and lighting firm Videndum slump due to impact of Hollywood writers’ and actors’ strike

Shares in British camera and lighting firm Videndum slump due to impact of Hollywood writers' and actors' strikeThe share price of Videndum crashed by 36.9 [...]

Wet weather dampens Asos profit forecast as washout summer hits sales and profits

Wet weather dampens Asos profit forecast as washout summer hits sales and profitsAsos said its profits will come in at the lower end of targeted [...]

Avon calling on TikTok after shopping shake-up as boss admits door-to-door selling is ‘not for everybody’

Avon calling on TikTok after shopping shake-up as boss admits door-to-door selling is 'not for everybody'Avon UK says it is moving more heavily towards selling [...]

Lindsell Train fund managers split £36 million in dividends despite disappointing investor returns

Lindsell Train fund managers split £36 million in dividends despite disappointing investor returnsThe managers behind Lindsell Train took home £36 million in dividendsThis is despite [...]

Online bank Chase bans customers from buying cryptocurrencies following surge in scams

Online bank Chase bans customers from buying cryptocurrencies following surge in scamsChase, which has 1.6m UK customers, is banning customers from buying cryptoResearch shows amount [...]

The pound faces its worst month since the mini-Budget crisis last year amid recession fears

The pound faces its worst month since the mini-Budget crisis last year amid recession fearsSterling dropped by about half a cent to as low as [...]

The inheritance tax trap on equity release that could leave homeowners thousands worse off

The inheritance tax trap on equity release that could leave homeowners thousands worse offRecord numbers of families are falling into the inheritance tax net Families paid [...]

Half of new cars sold in the UK will have to be electric within five years despite Rishi Sunak’s delay to the ban on new petrol and diesel car sales

Half of new cars sold in the UK will have to be electric within five years despite Rishi Sunak's delay to the ban on new [...]

Asos set for weaker profits as sales slump

Asos set for weaker profits as sales slumpAsos anticipates making underlying earnings of £40m-£60m this fiscal yearIts fourth-quarter revenues declined by 15% as rain hit [...]

AG Barr profits buoyed by acquisitions and soft drinks demand

AG Barr profits buoyed by acquisitions and soft drinks demandThe Cumbernauld-based company is best known for manufacturing Irn-Bru Its sales climbed by around a third to [...]

Secret behind the rapid business growth in today’s era

A company's ability to succeed depends not only on how appealing its goods and services are to customers but also on the strategies it employs [...]

5 Key Attributes Americans Are Looking for in Office Jobs

According to Comfy Living, in over 60% of families in America, both parents are working. Job seekers today face different challenges in winning the job [...]

Why Your Business Needs a Virtual CFO: Cost-Effective Financial Expertise

In today's fast-paced and ever-evolving business landscape, staying competitive and financially healthy is paramount. Small to medium-sized enterprises (SMEs) and startups, in particular, often face [...]

Optimizing Contract Lifecycle Management: A Deep Dive into Managing Different Types of Contracts

Contracts are the backbone of modern business. They formalize agreements, outline obligations, and set the rules of engagement between parties. However, not all contracts are [...]

Smiths Group sales surpass £3bn thanks to energy efficiency demand

Smiths Group sales surpass £3bn thanks to energy efficiency demandThe engineering firm revealed a record 11.6% uptick in headline organic sales Growth was observed across all [...]

Meta exits Regent’s Place building for £149m as landlord plots revamp

Meta exits Regent's Place building for £149m as landlord plots revampBritish Land plots 'London's premier Innovation and Life Sciences campus’By Mike Sheen Updated: 10:33 BST, [...]

German business confidence dips for fifth successive month

German business confidence dips for fifth successive month By City & Finance Reporter Updated: 09:13 BST, 26 September 2023 German business morale has deteriorated for a [...]

Weather and strikes dent Brighton Pier prospects

Weather and strikes dent Brighton Pier prospectsBy City & Finance Reporter Updated: 08:20 BST, 26 September 2023 Brighton Pier Group warned trade in recent months [...]

Nissan to go all-electric across UK by 2030

Nissan to go all-electric across UK by 2030By Ray Massey Updated: 08:16 BST, 26 September 2023 Nissan's boss said the world 'needs to move on' [...]

Citigroup boss to staff: ‘Get on board or get off the train’

Citigroup boss to staff: 'Get on board or get off the train'By John-Paul Ford Rojas Updated: 08:12 BST, 26 September 2023 Citigroup's British boss has [...]

Coventry Building Society launches best buy easy-access Isa

Coventry Building Society launches best buy easy-access IsaNew cash Isa pays 4.9% on deposits of £1 or moreUp to four withdrawals are allowed every 12 [...]

Have interest rates peaked – and what does this mean for mortgages and savings? This is Money podcast

Have interest rates peaked - and what does this mean for mortgages and savings? This is Money podcastBy This Is Money Updated: 15:05 BST, 25 [...]