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Premier Foods: Boom in branded treats but grocery sales fall
Premier Foods experienced modest overall revenue growth driven by strong performance in select branded products, despite a decline in grocery sales and a reduction in non-branded i...
Read Full Article →Ocado shares spike as grocer boosted by £750m M&S joint venture gain
Ocado experienced a notable increase in market value following a substantial financial gain from its collaboration with M&S, alongside reporting a 13.2 percent rise in revenue duri...
Read Full Article →Easyjet takes £15m hit from ‘unacceptable’ French air traffic control strikes
The recent work stoppages by French air traffic controllers have caused Easyjet to incur substantial financial losses, potentially affecting the company’s overall earnings for the...
Read Full Article →Rachel Reeves’ tax raid leads to thousands of job losses as wage growth cools
Recent official figures reveal significant employment declines amid slowing wage increases, intensifying challenges for monetary policymakers to address the economic impact of subs...
Read Full Article →Future: Marie Claire owner stays on track as US ad market steadies
Future PLC reported consistent third-quarter results supported by improvements in UK advertising and strong magazine sales, indicating progress toward achieving its anticipated fin...
Read Full Article →Drop off charges at UK airports hit £1 per minute
Increased fees for short-term vehicle stops at multiple UK airports have resulted in record-high costs, reflecting growing travel activity and ongoing adjustments to drop-off prici...
Read Full Article →Dubai first-time buyer scheme hopes to lure Brits, and keep them
A newly introduced homeownership initiative in Dubai aims to attract and retain foreign residents by offering affordable property opportunities, potentially increasing investment f...
Read Full Article →What should investors do in H2? Diversify
In an environment marked by economic unpredictability, spreading assets across various markets and industries can help investors mitigate risks and enhance the stability of their f...
Read Full Article →The Bank of England is right: £25bn in assets isn’t that much for an SME lender
The upcoming regulatory adjustments easing asset thresholds for mid-sized lenders around £15-£25 billion could enable these institutions to expand their offerings and support more...
Read Full Article →Sticky inflation takes shine off Reeves’ week
Persistent inflation pressures have complicated economic recovery efforts, affecting market confidence and posing challenges for fiscal policy decisions in the period following the...
Read Full Article →Paragon Banking MD: ‘There’s a £500bn savings mountain sat in high street banks’
A substantial amount of personal savings remains deposited within traditional banking institutions, highlighting a significant opportunity for financial services to engage with the...
Read Full Article →Mark Kleinman: Radical Post Office reform has mutual interest
The proposed changes to the Post Office structure could impact investment strategies and shareholder value by potentially shifting ownership and governance models within the financ...
Read Full Article →Sadiq Khan to host first-ever mayoral London-Africa business summit
The upcoming summit aims to enhance economic collaboration by connecting key business leaders and officials, potentially increasing trade opportunities and investment flows between...
Read Full Article →ABPI: UK aims high on life sciences, but investment lags behind
The UK government's plan to become a global life sciences leader by 2030 faces financial challenges as current investment levels and funding reforms may be insufficient to meet the...
Read Full Article →Powering the Future
Saudi Arabia's transition to renewable energy is attracting significant foreign investment, driving policy reforms, and fostering innovation that could diversify the nation’s econo...
Read Full Article →FCA boss sounds alarm on financial warfare and debt levels
The FCA leader highlighted increasing government borrowing and potential assaults on the UK's financial systems as major concerns, urging enhanced transparency in government bond t...
Read Full Article →Wall Street banking giants ride tariff rebound to booming revenue
Major financial institutions experienced increased income during the second quarter, benefiting from heightened market fluctuations that boosted trading and advisory services beyon...
Read Full Article →Exclusive: 1 in 5 firms shift addresses ahead of Companies House reforms
A significant portion of UK businesses altered their registered locations and legal structures from early 2022 to early 2025, reflecting strategic adjustments in anticipation of up...
Read Full Article →Tesco seeks to appeal decision in ‘equal pay’ £4bn lawsuit ahead of final hearing
Tesco is pursuing a legal challenge to potentially reduce or eliminate a substantial financial liability related to claims of wage disparities before the conclusion of the upcoming...
Read Full Article →FTSE 100 giant Diageo to replace CEO Debra Crew
Diageo’s leadership change reflects efforts to stabilize the company’s financial performance and restore shareholder trust amid recent declines in revenue and market valuation.
Read Full Article →Asda faces another hefty fine for selling expired food in stores
The substantial penalties imposed on Asda for repeatedly offering products past their sell-by date highlight significant financial risks associated with non-compliance to food safe...
Read Full Article →House prices ‘continue to surprise’ as average property value ticks up in May
The steady increase in UK property values during May, despite policy changes, indicates ongoing demand and impacts household wealth as well as potential mortgage borrowing costs.
Read Full Article →Swatch: Rachel Reeves’ tax hikes could see profit fall further
Swatch has indicated that recent increases in employer-related tax obligations in the UK are likely to raise expenses and potentially reduce the company’s earnings in the region mo...
Read Full Article →Soaring beef and butter prices drive food inflation in June
Rising costs for key dairy and meat products have contributed to elevated food price increases, significantly impacting overall consumer inflation and reflecting broader economic p...
Read Full Article →Andrew Bailey sets Donald Trump challenge on tariff plans
Bank of England Governor Andrew Bailey highlighted concerns that conflicting tariff policies could disrupt global markets and financial stability, urging clearer explanations to su...
Read Full Article →Barclays slapped with £42m fine for financial crime failings
The Financial Conduct Authority imposed a £42 million penalty on Barclays due to deficiencies in the bank’s procedures aimed at preventing financial crime and adequately assessing...
Read Full Article →FCA staff threaten industrial action over three-days-a-week office policy
Potential industrial action by employees at the UK’s financial regulatory body could disrupt operations, potentially affecting regulatory oversight and financial markets due to dis...
Read Full Article →Cohort’s shares rally after soaring defence demand spikes profit
Cohort experienced a substantial increase in revenue and pre-tax profit for the year ending April 30, driven by heightened customer demand linked to global geopolitical development...
Read Full Article →Hercules PLC builds momentum with strong half-year results and strategic expansion
Hercules PLC’s solid financial performance during the first half of FY2025, supported by planned acquisitions and entry into new markets, positions the company for sustained growth...
Read Full Article →FTSE 100 giant ICG bulks up as demand for alternatives grows
Intermediate Capital Group secured $3.4 billion in the first quarter of 2025, reflecting increasing investor interest in private equity strategies and boosting its position in the...
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