Naked Wines toasts progress as losses are slashed December 10, 2024 The boss of Naked Wines has said the brand is “in a better position, both financially and strategically” after slashing its losses during the first half of its financial year. The Norwich-headquartered company has reported a pre-tax loss of £5.6m for the six months to 30 September, 2024, down from the £9.7m loss it posted [...]
Profit takes off at Manchester Airport and London Stansted owner December 10, 2024 Profit at the group behind Manchester, London Stansted and East Midlands airports took off in the first six months of its financial year thanks to a record-breaking summer, it has been announced. Manchester Airports Group (MAG) has reported a pre-tax profit of £139.6m for the six months to 30 September, 2024, up from £115.9m, thanks [...]
Take a long weekend at The Bristol hotel in… Bristol! December 10, 2024 The thing I love about Bristol is that it is a city of wild contrasts. This is the place that birthed Banksy, that invented its own version of hip-hop because the original wasn’t chill enough, and whose inhabitants decided one morning that a statue of slave trader Edward Colston would be better positioned at the [...]
Poundland owner Pepco slumps to huge loss after £640m hit December 10, 2024 Discount retail giant Pepco slumped to a loss of more than £450m after weak performance from Poundland in the UK, it has been revealed. The European group has posted a pre-tax loss of €554m (£458.7m) for the 12 months to 30 September, 2024, after having made a profit of €159m (£131.6m) in the prior year. [...]
British Gas-owner Centrica adds £300m to share buyback plan December 10, 2024 FTSE 100 giant Centrica has added another £300m to its existing share buyback plan, meaning it will have snapped up some £1.5bn in shares over the last two years. In a trading update today, the owner of British Gas said that it expected its 2024 full-year earnings and net cash to be broadly in line [...]
Moonpig shares tumble as card maker swings to £33m loss December 10, 2024 Moonpig swung to a loss in the first half of its financial year as the personalised card maker takes longer than expected to turn around its experiences business. The news sent the FTSE 250 firm’s stock price down 12 per cent in early trading on Tuesday. Its shares remain up 57 per cent so far [...]
Games Workshop: Amazon buys rights to Warhammer 40K December 10, 2024 Amazon is set to launch a series of films and television shows based on Games Workshop’s hit game Warhammer 40,000. In a stock exchange notice this morning, Games Workshop said it had agreed “creative guidelines” and reached a deal with Amazon for it to adapt the Warhammer 40,000 fictional universe into films and television series. [...]
Best wine gifts: From top bottles to wine gadgets December 10, 2024 It is a mere two weeks until Christmas and you have no idea what to get for a certain person in your life. Have no fear, I am here to suggest the best wine gifts for booze lovers. EXTON PARK CUVÉE M. ISAAC Presented in a stunning teal and gold box, this excellent English Blanc [...]
How Playtomic surfed – and fuelled – tidal wave of interest in padel December 10, 2024 The platform now boasts 1.4m active users in Europe, up 40 per cent on last year.
All hail Rayner, destroyer of NIMBYs December 10, 2024 Since Christmas is a time for hope, it’s worth appreciating the good news when we see it. The business community’s frustrations with Labour are well documented and easy to understand, but even its fiercest critics tend to concede that one area stands out as a bright spot in an economic landscape marred by tax increases: [...]