Future shares drop after boss announces exit October 18, 2024 Future shares dropped as much as 10 per cent in early deals this morning after the company announced that its boss would be leaving the business after only a year and a half at the helm. The publisher, which owns titles including Country Life, Marie Claire and T3, said chief executive John Steinberg would step down [...]
British American Tobacco inches closer to settlement of multi-billion dollar lawsuit in Canada October 18, 2024 A subsidiary of London-listed British American Tobacco (BAT) revealed that it's nearing a "potential" settlement in a multi-billion dollar lawsuit in Canada
Boohoo shares drop as firm mulls break up and boss heads for the exit October 18, 2024 Boohoo has revealed that its CEO is stepping down after five years, kick-starting a search for the fast fashion's next chief executive
Mothercare continues to struggle but announces fresh financing October 18, 2024 Baby products brand Mothercare has reported a drop in sales as it continues to struggle with post-pandemic demand, but has said its new deal with Indian giant reliance will help to shape a turnaround. The retailer said the decline was mainly due to “continuing challenges” in Middle East markets. It told markets this morning that [...]
Laser focus: How laser hair removal got all-inclusive October 18, 2024 More people in the UK are expected to undergo laser hair removal, including those who previously faced barriers such as skin tone, hair colour, or pain tolerance.
William Hill and 888 owner Evoke posts first revenue growth since 2022 October 18, 2024 The owner of William Hill and 888 said its turnaround strategy was working today as it posted its first quarter of revenue growth since the start of 2022. In a trading update on its third quarter, the gambling firm said it had notched revenue of £417m over the period despite a 13 per cent slide [...]
Fraud cost Brits almost £600m in first half of 2024 October 18, 2024 Fraudsters stole almost £600m from Britons in the first half of 2024, new figures reveal, in a sign of the heavy losses banks will cover under new mandatory reimbursement rules.
Non-dom exodus could cost UK 23,000 jobs, disputed report claims October 18, 2024 Scrapping the non-dom tax regime could cost the UK £6.5bn and 23,000 jobs in the next ten years, a think tank has claimed in a report whose findings were questioned by leading academics. The study, published by free market think tank the Adam Smith Institute (ASI), suggests that abolishing the special status for wealthy foreigners [...]
I tried embracing ‘JOMO’ travel during Sober October October 17, 2024 Leading holiday firm Vrbo predicts ‘JOMO travel’ as a trend for 2025 – the Joys of Missing Out – so I focused on my wellness on a luxury trip and felt better than ever.
A lack of loyalty eats into Deliveroo and Just Eat’s market share October 17, 2024 This morning’s Deliveroo results position it for long term growth reflecting the evolving demand for takeaways amid shifting consumer behaviour. A six per cent increase in Gross Transaction Value (GTV) in its Q3 update comes as competition and changing market conditions continue to create challenges across the industry, with rivals such as Just Eat Takeaway [...]