Sales rocket to almost £100m at Mondelēz-owned Grenade August 6, 2024 Sales at Grenade, the sports nutrition company owned by Mondelēz International, jumped towards £100m during its latest financial year, it has been revealed. The company has posted a turnover of £93.2m for 2023, according to newly-filed documents with Companies House, up from £59.5m. Its pre-tax profit also increased from £8.2m to £12.1m over the same [...]
Giffgaff’s new offerings help sales edge towards £600m June 24, 2024 Giffgaff saw its sales edge closer to the £600m mark as the budget provider invested in new products during 2023, according to new documents.
Sharps Bedrooms: Showrooms axed as Covid-19 shopping boom well and truly over June 14, 2024 The company behind fitted furniture retailer Sharps Bedrooms has axed more showrooms as it struggles to keep up with rising wages amid its second loss-making year in a row.
FCA chief Rathi: Pension industry must ‘tackle questions’ on risk appetite March 13, 2024 The pension industry needs to “tackle questions” about its risk appetite as the government piles pressure on the sector to pump more cash into UK-based companies, the chief of the Financial Conduct Authority has said.
Bank of England warns lenders of ‘fiendishly unpredictable’ risks from climate change July 4, 2023 The Bank of England has cautioned lenders that they need to keep a close eye on commodities and private credit to avoid financial problems. Speaking at a UK Finance event, Nathanaël Benjamin – who is responsible for authorising the UK arms of international banks – warned there were a range of dangers facing banks. Benjamin [...]
Warburtons: Record sales as shoppers rush to grab bakery’s fruity buns June 14, 2024 Bakery giant Warburtons more than doubled its profit after it poured investment into diversifying its product range beyond its iconic loafs.
Mortgage rates war: As sub-four deals appear on the market, how low will they go? January 27, 2024 Britain's mortgage price war has shown signs of slowing as macroeconomic uncertainty casts doubt on the outlook for interest rate cuts and a wider rebound.
Regulation of crypto assets – a more united approach? June 29, 2023 If the government's proposals to give regulatory authority to the FCA are adopted, crypto could benefit from its simple structure.
FTSE 100 today: London markets set to surge, riding global rally fuelled by US inflation relief May 16, 2024 Asian stocks echoed Wall Street's optimism on Fed rate cuts. Oil and gold surged, eyes on US Philly Fed Index, BT Group, Walmart earnings.
Only fast fixes can save the London Stock Exchange from a 2024 exodus February 9, 2024 The London Stock Exchange has been bruised and battered over the past two years. James Ashton, CEO of the Quoted Companies Alliance, warns the Chancellor the time is now for action