N Brown Group shores up bottom line amid slump in revenue June 6, 2024 The owner of the Jacamo and Simply Be clothing brands has blamed macroeconomic challenges for the slump in revenue it reported in its full year results which also included a jump in profit.
‘The lower the better’: Truss tells Tory conference corporation tax should be at 19 per cent October 2, 2023 Corporation tax should be slashed to 19 per cent and “if we can get it lower the better”, Liz Truss has said. The former Tory leader, who left office after just 49 days last year following a calamitous mini-budget which sent markets spiralling, called for action to “change the agenda” and prevent British businesses being [...]
Brexit not end of the City, Badenoch to insist October 2, 2023 Brexit is not the end of the City of London, Kemi Badenoch is expected to say in a speech at Conservative Party conference. Business and trade secretary Badenoch is set to rail against critics “relentlessly wanting to talk down our country” and will claim: “Our political opponents are obsessed with viewing every problem as Brexit.” [...]
Aukus: Government signs £4bn deals to develop ‘hunter-killer’ submarines October 1, 2023 The Defence Secretary has announced £4bn of contracts with British firms for the “hunter-killer” submarine programme.
TransPennine joins Avanti and cut services due to staffing shortages September 5, 2022 TransPennine Express has announced it will cut around one in four services from 12 September as a result of staff shortages. It is the second train company forced to alter its schedule in a matter of weeks, after Avanti West Coast axed most trains between London and Manchester following staffing issues. TransPennine routes will be [...]
Boohoo abandons £1m bonuses for top execs after shareholder backlash May 28, 2024 The top bosses at fast fashion giant Boohoo will now not receive bonuses of £1m after shareholders reacted angrily to the plans.
Pieminister serves up just £1,000 profit after absorbing costs to keep menu prices down February 6, 2024 Pieminister made a pre-tax profit of just £1,000 during its latest financial year after absorbing rising costs in a bid to keep menu prices down as much as possible.
Chelsea crisis deepens after Wolves thumping February 4, 2024 In the space of five days Pochettino’s side have conceded eight goals.
Pig farms, poultry and houmous: Cranswick profit rises after meaty investments pay off May 21, 2024 Cranswick profit rose nearly a quarter to £176.6m as a string of investment in houmous, poultry and pig farming facilities paid off.
Nightcap: Cocktail group’s revenue stirring but shaken by rail strikes November 23, 2023 Nightcap, the cocktail bar chain owned by Dragons Den star Sarah Willingham, has reported a 29 per cent leap in revenues during the year to £46.4m. However, the late bar operator, which owns the likes of London Cocktail Club and Barrio, said that like-for-like revenue declined by 12.5 per cent following “record breaking” figures last [...]