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Compass Group agrees takeover of Royal Opera House caterer

Compass said CH&CO has a ‘long track record of strong performance’  Headquartered in Reading, CH&CO has held a Royal Warrant since 2013 CH... read more

Sir Martin Sorrell: We do not expect the economy to improve in 2024

It anticipates a like-for-like net revenue decline of around 4% for 2023  The firm also expects operational EBITDA margin of around 10-11% By Daniel Fessahaye ... read more

Number of UK businesses in ‘critical’ financial distress skyrockets

Over 47,000 UK firms were in ‘critical’ financial distress during the last quarter The volume of companies in ‘significant’ financial di... read more

BUSINESS LIVE: Levels of financial distress soar; Luxury brand value falls; S4 cheers easing costs

By Live Commentary Updated: 07:45 GMT, 22 January 2024 The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are S4 Capital,... read more

Around £43bn wiped off value of Europe’s biggest luxury fashion houses this year so far

By City & Finance Reporter Updated: 00:05 GMT, 22 January 2024 Around £43billion has been wiped off the value of Europe’s biggest luxury houses this ... read more

Sainsbury’s boss speaks out for first time about epidemic of retail crime sweeping Britain

Simon Roberts backed our campaign for the police to get tough with shoplifters  Abuse or violence towards retail staff should be a specific offence Roberts: In... read more

Utility giant Veolia put off investing in UK

By City & Finance Reporter Updated: 21:50 GMT, 21 January 2024 The boss of a French utility giant said the UK government’s lack of direction on recycl... read more

John Lewis considering smaller pay rises for staff amid turnaround plan

By City & Finance Reporter Updated: 21:50 GMT, 21 January 2024 John Lewis is considering smaller pay rises for staff amid a turnaround plan. The retailer, w... read more

Flower seller Bloom & Wild slides into loss as sales wilt

By Francesca Washtell Updated: 21:58 GMT, 20 January 2024 Bloom & Wild swung to a loss after customers stopped splashing out on flowers due to the cost of l... read more

Sainsbury’s spending £220m keeping prices low for customers in its current financial year

By Ruth Sunderland Updated: 21:53 GMT, 20 January 2024 Sainsbury’s is spending £220 million keeping prices low for customers in its current financial yea... read more

We Buy Each Others Cars.com: Trade-ins earn bosses £2m

By Francesca Washtell Updated: 21:53 GMT, 20 January 2024 Criticism: Avril Palmer-Baunack got £481,000 from selling her own cars Selling a car can be one of li... read more

MIDAS SHARE TIPS UPDATE: Record orders boost packing expert Mpac

By Joanne Hart Updated: 21:52 GMT, 20 January 2024 Pioneer: Back in the 1990s, Mpac helped PG Tips owner Unilever to make the first pyramid teabags Insulin-mon... read more

Shareholders in BAE Systems set for windfall from Kazakhstan airline float

By Francesca Washtell Updated: 21:51 GMT, 20 January 2024 Investors in BAE Systems could be in line for a windfall of hundreds of millions of pounds in the stoc... read more

Revolut hires lobbyist in bid to end banking licence limbo

By Calum Muirhead Updated: 21:51 GMT, 20 January 2024 Revolut is beefing up its lobbying team in its marathon effort to obtain a British banking licence. The fi... read more

CITY WHISPERS: THG boss Matt Moulding backs whinger James Watt after BrewSob story

By Calum Muirhead Updated: 21:51 GMT, 20 January 2024 BrewDog boss and serial corporate whinger James Watt took to social networking site LinkedIn last week to ... read more

Households replacing gas boilers face ‘boiler tax’ of up to £120

Firms that make boilers and heat pumps are bringing in new charges this year The fees of up to £120 per new boiler will pay for expected Government fines  By ... read more

Cost of having a dog has soared by more than double headline rate of inflation

Cost of keeping a canine companion is rising faster than rate of inflation Dogs Trust and Oxford Economics say ‘dogflation’ rate is 9%  Like the Co... read more

JP Morgan boss Jamie Dimon enjoyed 4% rise in pay last year

By Emily Hawkins Updated: 21:51 GMT, 19 January 2024 Veteran: Jamie Dimon of JP Morgan JP Morgan boss Jamie Dimon enjoyed a 4 per cent rise in pay last year as ... read more

RAY MASSEY: Ford wins the plaudits -Puma was best-selling new car for 2023 and fourth-generation Kuga SUV is on sale this month

By Ray Massey Motoring Editor Updated: 21:50 GMT, 19 January 2024 Ford is on a roll. Its Puma range was the best-selling new car model for 2023 with nearly 50,0... read more

SHARE OF THE WEEK: Elon Musk under pressure to produce a solid set of fourth quarter results at Tesla

By City & Finance Reporter Updated: 21:50 GMT, 19 January 2024 Elon Musk is under pressure to produce a solid set of fourth quarter results at Tesla next we... read more

INVESTING EXPLAINED: What you need to know about hung debt

By City & Finance Reporter Updated: 21:50 GMT, 19 January 2024 In this series, we bust the jargon and explain a popular investing term or theme. Here itR... read more

You can bag a £10k heat pump discount… would that tempt you to get one? This is Money podcast

By This Is Money Updated: 16:46 GMT, 19 January 2024 The Government wants us to get heat pumps fitted in our homes and it’s offering up to £7,500 for us ... read more

Kazakhstani flag carrier Air Astana plots $120m London market listing

Air Astana hopes to raise $120m from going public in London and Kazakhstan BAE Systems and sovereign wealth fund Samruk-Kazyna will both sell shares By Harry Wi... read more

Deliveroo ups earnings expectations despite falling order numbers

Deliveroo’s total orders dropped by approximately 9m to 290.2m in 2023  Yet the group’s gross transaction value (GTV) increased by 3% to £7.06bn I... read more