Now is the time to change the mechanism that brought us HS2’s repeated failings September 25, 2023 What a sorry mess the country has got itself into HS2 – a poorly planned project, executed badly, at tremendous cost in both time and money. If reports are to be believed that the government is set to axe the Manchester – Birmingham leg, joining with its already dearly-departed Leeds cousin, then we are left [...]
THG share price up as firm eyes profitability boost while CEO gives up power to veto hostile bids June 21, 2023 THG said it was anticipating a “significant increase in profitability” in its half year results following a boost from its nutrition segment and and big losses earlier in the year. The e-commerce retailer said that CEO Matthew Moulding had given up his special share in the firm, which means that Moulding can no longer veto [...]
Gordon Ramsay to open new restaurants in City of London’s tallest building May 10, 2024 Gordon Ramsay is set to open new restaurants at the top of the City of London's tallest building.
Salter owner Ultimate Products forecasts lower earnings after ‘disappointing’ spring May 10, 2024 Salter owner Ultimate Products has lowered its full-year earnings forecast after a disappointing Spring hit sales.
Karshare journey ends as firm runs out of cash and calls in administrators June 20, 2023 Karshare, the car rental service which raised nearly £10m from a number of wealthy owners, has ceased trading today after running out of cash. It has appointed accountancy firm Azets as an administrator, according to Sky News’ Mark Kleinman. The firm had previously raised close to £10m from a number of wealthy investors, including former [...]
Boohoo: Struggling retailer faces shareholder revolt over boss’s £650k bonus June 19, 2023 Boohoo is facing a shareholder revolt at its upcoming AGM this week as tension brews over hefty bonuses handed to executives. The Manchester-based fast-fashion business‘s share price fall 2.13 per cent this morning, after Institutional Shareholder Services (ISS) asked investors to oppose the pay report following a decision to hike bonuses. “tThere is no compelling [...]
Lounge hikes dividend as international expansion drives sales at underwear brand May 1, 2024 Underwear brand Lounge hiked its dividend to more than £10m as its focus on international expansion helped drive up sales.
Co-op boss Shirine Khoury-Haq quits Persimmon board role to focus on day job April 30, 2024 The chief executive of The Co-operative Group has quit her role at house builder Persimmon.
Mowgli Street Food: Record sales at Nisha Katona’s fast-expanding restaurant chain April 30, 2024 Mowgli Street Food, the restaurant chain run by celebrity chef Nisha Katona, has posted record sales but slipped into the red.
Family behind Peel Ports nets £22m in dividends as profits rise January 21, 2024 The Whittaker family raked in a £22m dividend payout from their network of ports in the UK last year as shipping rates soared, company filings show.