ITV: Writers’ strike and ad slowdown continues to drag on revenue May 9, 2024 ITV has reported a significant fall in revenue as the effects of the writer’s strike and a difficult advertising market hurt the broadcaster. The group said total revenue in the first quarter fell seven per cent to £887m. The strikes will “delay around £80m of revenue from 2024 to 2025”, the company added. However, ITV’s chief executive, [...]
Thai investor eyes Selfridges expansion amid Signa storm December 31, 2023 Central Group is reportedly eyeing more influence over Selfridges amidst a flurry of financial chaos for co-owner Signa.
Lego profits tumble as pandemic playday comes to an end August 30, 2023 The Lego Group has suffered a steep fall in profits, figures from its half year results show, as demand for the plastic bricks maker showed signs of dwindling amid a tough economic climate. Operating profit at the children’s toy brand reached DKK 6.4bn (£740m) during the first half of the year, down considerably from DKK [...]
Mitchells and Butler: All Bar One owner lifts guidance as cost pressures ease January 17, 2024 All Bar One owner Mitchells and Butler (M&B) expects profits to be at the top end of forecasts as it cautiously cheered an end to tough cost pressures. The no-frills pub chain, which also owns Toby Carvery, said that like-for-like sales were up 7.7 per cent in the two months to January, over the Christmas [...]
Based in an old Bermondsey biscuit factory, this London cancer drug firm just raised millions May 21, 2024 Founded in 2012 by a PhD student, Labgenius uses technology to create more effective and safer antibodies for cancer treatment.
New Year’s Eve Champagne buying tips for every occasion December 22, 2023 For New Year's Eve one must drink Champagne. But which one? Here's my recommendation for all occasions
Everest: Jon Moulton’s double-glazing supplier crashes into administration leaving hundreds of jobs at risk April 26, 2024 Everest, one Britain’s biggest double-glazing suppliers, has fallen into administration, leaving 350 jobs at risk.
Marks and Spencer confirms first female boss Katie Bickerstaffe is to step down March 7, 2024 The first female boss of Marks and Spencer is to step down. Katie Bickerstaffe joined the high street darling just over two years ago, and has helped lead a massive turn around of the business.
Shift: The Yodel deal orchestrator backed by Sir Andy Murray and the Duke of Norfolk February 13, 2024 All you need to know about Yodel's new owner which is backed by Sir Andy Murray and the Duke of Norfolk.
Ryanair unveils share buyback as profit soars but O’Leary warns on Boeing slip May 20, 2024 Ryanair profit has risen by over a third to £1.6bn. However, chief executive Michael O'Leary warned issues at Boeing could mean deliveries "slip further."