Marks and Spencer: Five charts revealing the remarkable turnaround of a British icon May 25, 2024 Wracked by poor sales figures, rickety online infrastructure and a general identity crisis M&S, the once darling of the British high street has pulled off a remarkable turnaround.
Ofgem: Millions of Brits set for lower bills as price cap drops by seven per cent May 24, 2024 Millions of Brits are set to pay lower bills from July after Ofgem announced it would lower its price cap by seven per cent in response to falling wholesale prices.
Losses widen for Cohens Chemist amid funding uncertainty May 23, 2024 The company behind Cohens Chemist almost doubled its losses this year, with product shortages and inflation continuing to put pressure on the group.
London’s West End gets welcome boost with return of foreign tourists May 23, 2024 An influx of foreign tourists over the past 12 months has delivered a boost for the West End's biggest landlord, Shaftesbury Capital, as it reveals its first financial results since its £3.5 bn takeover last year.
Cohort: Ukraine and Middle East conflicts drive record orders for defence firm May 23, 2024 Defence technology company Cohort received record orders last year, driven by ongoing conflict in Ukraine and the Middle East.
ITV agrees multi-million pound investment into Purplebricks’ reinvention May 22, 2024 ITV is set to invest more than £4m into online estate agency Purplebricks, the first major investment in the ailing brand since it was acquired in 2023 by rival Strike.
Volvere pays tribute to late CEO as Shire Foods owner returns to the black May 22, 2024 One year after losing its founder to cancer, turn-around investment firm Volvere has announced net profits of more than £2.7m, returning to the black.
Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal May 22, 2024 Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48).
Tata Steel: Labour demands urgent support for workers facing redundancies May 21, 2024 Labour is calling for the government to take urgent action to cover thousands of workers facing redundancy at the country’s biggest steel plant.
Losses mount for Lebanese restaurant group Comptoir May 21, 2024 The group behind Lebanese restaurants Comptoir Libanais and Yalla Yalla has reported losses of £1.6m, following what bosses describe as a year of “erratic” footfall and soaring costs.