Lidl swings to loss of £76m as fight to keep prices low offset by surging costs September 14, 2023 Discount supermarket chain Lidl has revealed its British arm swung to an annual loss after battling to keep a lid on prices as its costs rose “across the board”. The group reported pre-tax losses of £76 million for the year to February 28 against profits of £41.1 million the previous year as it also invested [...]
THG: Cash flow improves at digital commerce giant September 14, 2023 THG, the Manchester-based digital commerce giant, has posted EBITDA above the top end of guidance in the first half of the year.
ECB: Analysts reckon “pregnant pause” likely as ratesetters meet today September 14, 2023 Slowing European growth is likely to lead rate-setters at the European Central Bank (ECB) to leave interest rates on hold, economists expect.
Elon Musk: Taiwan slams Tesla owner after another geopolitical gaffe September 14, 2023 Elon Musk, who has significant operations in China, had said that Taiwan was seen as "an integral part of China"
The Notebook: Adrian Biles on upholding standards for lawyers and a breathless read about HSBC’s murkier histories September 14, 2023 Where interesting people say interesting things. Today, it’s Adrian Biles, managing partner of law firm Child & Child Lawyers must live up to a standard – whether trained or otherwise Recent events in the legal profession remind me of the wise words of an early mentor, one of the UK’s leading corporate lawyers. On retirement, [...]
France’s Macron set to meet Starmer as Labour bids to boost global standing September 13, 2023 Emmanuel Macron is reportedly set to host Sir Keir Starmer next week for a meeting in Paris, as the Labour leader seeks to boost his international standing ahead of the next general election. Labour has not yet confirmed reports that Sir Keir and the French President will meet, after reports that a meeting in the [...]
Former Patisserie Valerie chief financial officer among four charged with fraud September 13, 2023 The former chief financial officer of the company behind bakery Patisserie Valerie has been charged with fraud alongside three others, including his wife.
Forced prepayment meter installation ban extended September 13, 2023 Energy suppliers have been banned from forcibly installing prepayment meters for people over 75 and in homes with children aged under two.
Zara owner Inditex extends lead over H&M as world’s biggest fashion company September 13, 2023 Zara owner Inditex reported on Wednesday a jump of 40 per cent in profit for the six months to July
Bernard Looney: A celebrated BP career ends more suddenly than anyone expected September 13, 2023 BP boss Bernard Looney's resignation brings to an end a lengthy career at the oil giant, where he was identified as a rising star early on
