Young’s sees summer of sport boost business: We’re in “brilliant shape” says outgoing chairman July 25, 2024 Young’s has announced a rise in revenue of 26 per cent since the start of the new financial year on the back of a boost from the UK’s summer of sport. The Euros and Wimbledon have dominated pubs’ TV screens and sent countless customers to bars and beer gardens to make the most of the [...]
FCA makes first crypto-related sting against Coinbase subsidiary July 25, 2024 Crypto company CB Payments Limited (CBPL) has been slapped with a £3.5m fine after the Financial Conduct Authority made its first ever crypto sting.
UK car production falls amid EV switch July 25, 2024 New figures from the Society of Motor Manufacturers and Traders (SMMT) showed production fell 7.6 per cent in the first half.
Wayfair profit down despite homeware giant laying off more than a quarter of staff July 25, 2024 The UK arm of online homeware retailer Wayfair has seen its profit dip despite cutting around 30 per cent of its workforce in a bid to save costs, newly-filed documents have revealed. The company, which sells furniture and homeware through its website, saw its pre-tax profit fall to £2.6m in 2023, down from £2.7m in [...]
Everyman: Media group sees revenue growth despite actors’ strike as more Brits head to luxury cinema July 25, 2024 Everyman Media reported impressive growth in the first half of the year - despite fewer offerings due to the actors' strike - with customers still happy to splash out on the premium cinema.
Astrazeneca shares fall after FTSE giant’s forecast lift fails to inspire July 25, 2024 In the first half of 2024, Astrazeneca reported an 18 per cent year-on-year increase in total revenue, reaching $2.6bn (£2bn).
Talktalk: The telecoms titan on the brink July 25, 2024 In a defining few months, Talktalk needs to refinance nearly a billion pounds of debt, with bidders circling. Will it survive?
Revolut’s long wait for a banking licence finally comes to an end July 25, 2024 After more than three years, Revolut’s wait for a banking licence is finally over after it received authorisation from the banking watchdog.
Veterinary group CVS gears up for Australia expansion July 25, 2024 Veterinary group CVS announced 10 per cent revenue growth but weaker sales amid soft demand and the effect of a cyber security attack, while it separately announced a shift in strategy to focus on growth in Australia. Like-for-like sales only increased by 2.9 per cent year on year at the London-listed company, after a rise [...]
Lloyds Bank profit slides as interest rate boom slows July 25, 2024 Lloyds Banking Group recorded a slide in profit in the first half of the year after a surge in costs and a slowdown in the amount of cash it was making on the back of interest rates. The group – which owns Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows – reported a pretax [...]