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Barclays and HSBC shares jump after Trump’s legal blow
The increase in share prices for major UK banks reflects investor optimism following a legal setback to trade policies, suggesting potential positive impacts on their international...
Read Full Article →Avison Young loses over £100m for a second year as more jobs cut
The UK and European branches of Avison Young have reported significant pre-tax deficits exceeding £100 million for two consecutive years amid ongoing workforce reductions.
Read Full Article →Nvidia smashes forecasts – but China trade drag looms large
Nvidia’s strong quarterly revenue growth highlights robust demand, yet ongoing challenges in the Chinese market may impact future profitability and overall financial performance.
Read Full Article →PureGym: Losses near £90m amid huge expansion drive
PureGym reported a substantial pre-tax deficit of £88.5 million in the latest financial year, reflecting significant investments in workforce growth and new facility openings throu...
Read Full Article →Ghost Ship producer Adnams slashes losses
Adnams reported a notable reduction in its operating deficit alongside a modest rise in revenue, reflecting progress in its efforts to improve overall financial performance despite...
Read Full Article →Trump tariff policy in tatters after being ‘declared invalid’ by US court
A recent court ruling challenged the legality of executive actions underpinning global tariffs, potentially impacting trade policies and creating uncertainty for businesses affecte...
Read Full Article →Premier Miton: Asset manager faces tariff strain
Premier Miton experienced a decline in assets under management and increased net outflows during the first half of the financial year, reflecting reduced investor confidence in UK...
Read Full Article →Hiscox picks former Man Group boss as new chair
Peter Clarke’s appointment to Hiscox’s board is expected to bring experienced leadership that could influence the company’s strategic decisions and potentially impact its financial...
Read Full Article →Auto Trader: FTSE 100 giant passes major milestone as profit jumps
Auto Trader reported a significant increase in revenue and profit for the fiscal year ending March 2025, demonstrating resilience despite challenging economic conditions and rising...
Read Full Article →Hollywood Bowl: Ten-pin bowling operator raises dividend
The company’s decision to increase its dividend reflects steady income growth and confidence in its ongoing plans to expand operations across the United Kingdom.
Read Full Article →Mark Kleinman: AA float needs smart pricing to avoid breakdown
Successfully determining an appropriate valuation for the AA’s public offering is crucial to maximizing investor returns while maintaining confidence in the market during this chal...
Read Full Article →LTA commercial revenue up 40 per cent from expanded Queen’s Club event
The Lawn Tennis Association anticipates substantial growth in its commercial income next year due to the enlarged Queen’s Club tournament and a series of newly established business...
Read Full Article →Crypto deals in sport up 20 per cent to over £400m
Investment from blockchain-related companies in sports sponsorships has grown by one-fifth, reaching more than £400 million, largely fueled by increased activity within the footbal...
Read Full Article →Shein eyes Hong Kong for IPO as London listing stalls
Shein’s shift towards a Hong Kong public offering reflects its strategic effort to raise capital and expand financial presence after encountering regulatory obstacles in pursuing a...
Read Full Article →Government slashes red tape to tackle housing crisis
Reducing regulatory barriers aims to accelerate housing development by smaller firms, potentially lowering costs and increasing availability, which could influence market dynamics...
Read Full Article →Businesses rethink legal strategy as costs of lawyers surge
Companies are allocating more legal responsibilities to internal departments to manage rising expenses associated with external legal services and maintain better control over thei...
Read Full Article →HMRC review signals potential pension tax changes in Autumn
A government review of workplace retirement plans may lead to adjustments in tax advantages for pension contributions, potentially affecting the savings and financial planning of i...
Read Full Article →AIM to shed billions as market projected to shrink by a fifth
The alternative investment market is expected to experience a substantial decline in value due to numerous companies planning to leave, resulting in a significantly reduced overall...
Read Full Article →Google faces £25bn UK lawsuit over ad monopoly claims
A legal case against Google in the UK alleges that its control over online search advertising has resulted in inflated costs for advertisers, leading to a potential financial liabi...
Read Full Article →John Lewis gets green light to build hundreds of homes in West Ealing
The approval to construct numerous residential units in West Ealing represents a strategic move by the company to generate stable rental income and reduce dependence on traditional...
Read Full Article →The best Stocks and Shares ISAs
Stocks and Shares ISAs provide a tax-efficient method to grow investments, with potential returns varying based on market performance and the specific provider chosen to suit an in...
Read Full Article →Twinings: Profit jumps to almost £100m at tea brand
The London-based tea company experienced notable financial improvement over the past year, with pre-tax earnings rising to nearly £100 million due to strong expansion within the Un...
Read Full Article →Stellantis: Vauxhall owner picks former Jeep boss as chief executive
The appointment of Antonio Filosa as chief executive is expected to influence Stellantis' strategic direction and financial performance during a critical period marked by recent ch...
Read Full Article →UK fintech Starling’s profit tumbles as regulatory failings linger
Starling's annual pre-tax profit declined due to increased operating expenses and heightened competition in the fintech sector, reflecting challenges in maintaining profitability a...
Read Full Article →Grocery inflation jumps to highest level in more than a year
The recent increase in grocery costs, propelled by higher prices in items like chocolate and sun care, indicates growing expenses that may impact household budgets and overall cons...
Read Full Article →DIY demand boosts sales at B&Q and Screwfix owner
Increased consumer interest in home improvement products contributed to a moderate revenue growth for Kingfisher, supporting its financial performance across multiple markets durin...
Read Full Article →McKinsey slashes 10 per cent of jobs in major overhaul
The decision to reduce staffing by a significant margin reflects the firm’s strategic shift toward improving financial performance following a period of rapid growth during the pan...
Read Full Article →Thames Water slapped with historic £123m fine from Ofwat
The £123 million penalty imposed on Thames Water by the regulator reflects significant financial consequences stemming from violations related to wastewater management and dividend...
Read Full Article →Pets at Home: Demand for vet services soars
Pets at Home experienced a significant increase in profitability from its veterinary division, which helped offset a decline in retail profit, resulting in overall stable revenue c...
Read Full Article →Spending in pubs surges as Brits flock to beer gardens
In April, increased consumer preference for outdoor venues contributed to a notable rise in pub revenues, with overall hospitality sales also experiencing moderate growth compared...
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