Seasalt: Delayed results reveal sales success but profits under pressure May 8, 2024 Sales surged past the £100m mark at fashion brand Seasalt but profits were slashed, according to heavily delayed accounts.
Banks rush to invest in new tech to combat rise in AI-driven fraud January 17, 2024 Banks are rushing to invest in new technology to combat rising levels of fraud as artificial intelligence unlocks new ways to create and perpetuate scams.
Future of Selfridges in question as co-owner hit by cash crunch November 5, 2023 Shareholders on Friday ousted the Signa's chairman Rene Benko, who is fighting for control over his £20bn empire amid a cash crunch.
Rachel Reeves facing ‘tough choices’ after latest UK borrowing figures August 21, 2024 Already this financial year the government has borrowed £4.7bn more than predicted by the Office for Budget Responsibility (OBR) back in March.
Tottenham could face Premier League quiz after Joe Lewis insider trading arrest July 26, 2023 Tottenham Hotspur could face questions from the Premier League and Uefa after former owner Joe Lewis was arrested in the US on more than a dozen insider trading charges. The Bahamas-based British billionaire, 86, is due to appear in court on Wednesday after being charged with 16 counts of securities fraud and three counts of [...]
Aquis: Profit jumps 15 per cent for fledgling London exchange March 21, 2024 Exchange Aquis has reported 15 per cent growth in profit before tax despite challenging market conditions last year, with all arms of the business bringing in new revenue. In the company’s full-year results for 2023, it reported net revenue of £22.7m, up 13 per cent from the year before. Profit before tax came in at [...]
Budget watchdog to deliver forecasts next week after emergency meeting with PM September 30, 2022 The UK's independent fiscal watchdog confirmed it will deliver an initial forecast for the government's so-called mini budget next week after an emergency meeting with the chancellor and prime minister today.
Global food prices drop to lowest levels since invasion of Ukraine November 5, 2022 Global food prices have fallen to their lowest levels since Russia’s invasion of Ukraine, UN data shows. Food prices have fallen back down to levels last seen at the start of 2022, before Russia’s February invasion of the breadbasket of Europe caused food prices to surge, data from the United Nation’s Food and Agriculture Organization [...]
Shoe Zone blames higher costs and Red Sea disruption for ‘slower than expected’ sales March 12, 2024 Shoe Zone has blamed higher costs, the disruption in the Red Sea and "slower than expected" sales at the end of 2023 for its reduced performance in recent months.
Taxpayers to foot the bill for half of businesses’ electricity bills September 21, 2022 Taxpayers will have to cough up half the electricity costs for British businesses this winter amid threats of blackouts.