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Women’s Champions League to be shown on Disney+
Broadcasting 75 matches of the UEFA Women’s Champions League on Disney+ starting next season is expected to enhance the platform’s subscriber base and generate increased revenue th...
Read Full Article →Anglian Water gets £500m boost after criminal investigations
Following recent criminal probes, Anglian Water secured a substantial £500 million investment from its shareholders, highlighting continued financial support despite emerging legal...
Read Full Article →Markets slump as Trump vows 50 per cent tariffs on the EU
The proposed imposition of substantial tariffs on European imports has led to a notable decline in stock values across European and British financial markets.
Read Full Article →Trump condemns UK net zero push
Limiting efforts to reduce carbon emissions in the UK may impact investments in offshore oil exploration, potentially affecting energy costs and influencing the broader market for...
Read Full Article →Trump threatens Apple with 25 per cent tariff on iPhones
Imposing a 25 percent tariff on iPhones assembled abroad could increase costs for Apple, potentially impacting sales, pricing strategies, and overall profits within the competitive...
Read Full Article →Week in Business: Will Starmer sack Rachel Reeves?
Labour's current economic approach faces increasing scrutiny, prompting speculation that Keir Starmer might consider appointing a new Chancellor to influence the party’s financial...
Read Full Article →Telegraph bought by US private equity giant
The acquisition by an American investment group could stabilize The Daily Telegraph’s future operations and potentially alter its financial strategy after a prolonged period of own...
Read Full Article →AJ Bell shares surge as investors give £3.3bn boost
The London-listed company's market value increased notably following a robust six-month report, driven by substantial investor contributions and positive market conditions that lif...
Read Full Article →Sexy Fish: Billionaire Richard Caring’s restaurant empire reveals losses
The recently published financial statements for Caprice Holding indicate a decline in profitability within Richard Caring’s luxury dining establishments amid ongoing negotiations f...
Read Full Article →Yorkshire Tea: Profit more than doubles as sales pass landmark
The company behind Yorkshire Tea experienced a significant increase in earnings alongside record-breaking revenue exceeding £300 million in its most recent fiscal year.
Read Full Article →Rolls-Royce now worth over £70bn as FTSE 100 shares climb
The company’s market value surpassed £70 billion for the first time, driven by a sustained increase in its stock price on the FTSE 100 index, reflecting renewed investor confidence...
Read Full Article →Slash red tape for fund managers or risk ‘industry exodus’
Experts caution that reducing regulatory obstacles is crucial to encourage the establishment of new fund management firms, as excessive difficulties have recently led to a signific...
Read Full Article →UK retail sales boost as Brits enjoy warm weather
Retail sales in the UK increased notably in April, supported by favorable weather conditions that encouraged higher consumer spending on groceries, leading to a significant improve...
Read Full Article →Consumer confidence improves in early sign that ‘the worst has passed’
Recent enhancements in consumer sentiment, influenced by reduced trade disputes and lower interest rates, suggest a potential positive shift in economic activity and spending patte...
Read Full Article →Forget the EU, UK businesses want to trade with China
Many UK companies are increasingly focusing on expanding trade relations with China, emphasizing economic opportunities over political considerations to drive business growth and b...
Read Full Article →Travelodge in the red amid Reeves’ £21m tax hikes
Travelodge experienced a financial downturn in the initial quarter of its fiscal year, largely impacted by increased tax obligations and higher National Living Wage costs announced...
Read Full Article →UK economy shows early signs of recovery after ‘Awful April’
Recent data indicates that the UK’s service sector experienced modest expansion in May, suggesting potential improvement in overall economic activity following a challenging period...
Read Full Article →Qinetiq shares soar after £1.5bn extension to Ministry of Defence deal
The recent extension of Qinetiq’s government contract, valued at £1.5 billion and lasting five additional years, is expected to significantly enhance the company's future revenue s...
Read Full Article →UK net migration almost halves in 2024
The substantial decrease in net migration during 2024 may influence the UK’s labor market and public spending, potentially affecting economic growth and government resource allocat...
Read Full Article →Pepco to sell off Poundland business by September – for £1
Pepco plans to divest its struggling discount retail segment by September, reflecting ongoing revenue declines and increased operational expenses that have negatively impacted the...
Read Full Article →Mitchells & Butlers: Profit at All Bar One owner jumps as Brits keep spending
Mitchells & Butlers experienced a notable increase in half-year earnings driven by steady consumer demand, with revenue climbing to £1,454 million despite facing substantial cost p...
Read Full Article →BT ups dividend as firm refocuses on the UK
BT's increased dividend reflects improved profitability and signals confidence in its strategy to concentrate operations domestically, offering shareholders a higher return compare...
Read Full Article →Tate & Lyle lifts profits as CP Kelco deal kicks in
Tate & Lyle reported improved earnings and increased free cash flow for the fiscal year ending March 2025, benefiting from the incorporation of its $1.8 billion purchase of an ingr...
Read Full Article →Investec rakes in £1bn profit after lending and deposit boost
Investec’s latest financial results reveal a notable rise in operating profit, driven by strengthened lending activities and higher deposit levels, surpassing previous expectations...
Read Full Article →UK government borrowing blows past estimates on Labour’s spending plans
In April, UK borrowing increased significantly beyond forecasts, highlighting challenges in managing public funds and reducing available fiscal flexibility amid rising debt interes...
Read Full Article →Bloomsbury: Profit falls at Harry Potter publisher despite sales rise
Bloomsbury Publishing experienced a significant decrease in pre-tax earnings over the recent financial year, even though its overall income recorded an upward trend during the same...
Read Full Article →Easyjet holds guidance as it eyes £700m profit
Easyjet maintains its full-year forecast, anticipating a substantial pre-tax profit around £700 million, supported by strong forward bookings despite increased interim pre-tax loss...
Read Full Article →Motor finance: How rough a ride are Close Brothers in for?
Close Brothers is facing financial pressure as increasing expenses and declining loan portfolios challenge its stability, while an important regulatory decision could significantly...
Read Full Article →London defies ‘Awful April’ slump with more job postings
Despite broader economic challenges, London experienced an increase in employment opportunities, indicating resilience in its labor market and potentially supporting continued fina...
Read Full Article →Palo Alto rallies on M&S hacks, but earnings fail to woo investors
Palo Alto Networks experienced increased demand for cybersecurity solutions following recent cyberattacks on major UK retailers, although the company’s latest financial report prod...
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