B&Q owner Kingfisher expects £175m profit boost due to Covid-19 support and cost savings November 19, 2020 B&Q owner Kingfisher expects to report an extra £175m profit for the year due to temporary cost savings, including government Covid-19 support measures. The London-listed DIY firm said today that sales soared 17.6 per cent to £3.5bn in the third quarter due to a surge in people beginning home improvement projects during the pandemic. Kingfisher [...]
Laws, funds and CEOs: UK tech to see big changes in 2023 December 22, 2022 In 2023, London’s tech sector will see some big changes. From change in Vodafone leadership to the Online Safety Bill, here is a look ahead to the five big City stories to watch out for. Online Safety Bill As part of a move to a safer internet, the UK government is pressing for a comprehensive [...]
Dettori chilled ahead of Derby farewell June 2, 2023 EPSOM’s weighing room will be full of tension, nerves and anticipation on Saturday afternoon, as 14 jockeys prepare for the most revered horse race in the world, the Derby. Yet, the man who’s getting a leg-up in the race for the final time is showing no such emotion. Frankie Dettori, who announced his retirement from [...]
London-listed FinnCap snaps up sustainability consultancy in ESG push April 28, 2022 London-listed broker finnCap has snapped up a major stake in sustainability consultancy Energise today as the firm extends its reach into environmental, social and governance (ESG) advisory.
Clear skies ahead for Lufthansa, as carrier expects strong demand to stay October 27, 2022 Lufthansa anticipates demand to remain strong in the months ahead, with capacity expected at 80 per cent of pre-Covid levels in the fourth quarter despite inflationary pressures. According to chief executive Carsten Spohr, people will continue to splash cash on tickets after two years of not being allowed to travel due to the Covid pandemic. [...]
Neil Bennett: Singapore is too full of life for UK to ignore February 29, 2024 The notebook is a place for City movers and shakers to get things off their chest. Today it's Neil Bennett, the global co-CEO of H/Advisors, writing for us from Singapore
Equinor weighs up sale of stake in major oil and gas field August 29, 2022 Equinor is considering offloading its 28 per cent stake in Statfjord field, which straddles the Norwegian and British continental shelves.
Does altitude affect vision loss? September 14, 2022 Across the developing world, there is a multitude of reasons that many people suffer from blindness. One of the leading causes is that many communities live in isolated communities where they cannot access eye care or any sort of healthcare. So what are the other reasons? There have been a few recent studies regarding the [...]
Star studded: Leonardo DiCaprio invests in vegan burger chain Neat April 28, 2022 Plant-based burger chain Neat has launched a Series B fundraise with US investors including Hollywood actor Leonardo DiCaprio. The cash injection will be used to accelerate the company’s workforce and new product development, as it looks to expand both its restaurant and consumer goods arms. Neat, which already counts racing driver Lewis Hamilton as an [...]
Strong B&Q earnings rebuild investors’ risk appetite to kick off week May 23, 2022 Investors picked up their risk appetite again during the opening trading day of the week as B&Q owner Kingfisher helped mend market sentiment. London’s premier FTSE 100 index jumped 1.67 per cent to 7,513.44 points, while the mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, climbed 1.56 [...]