Revolution Beauty struggles with excess stock as turnaround on horizon November 19, 2024 Revolution Beauty reported another drop in revenue after a tricky few years, although it is eyeing 2025 for a resurgence with its ‘core’ groups of brands. Group revenue fell 20 per cent, driven by the “planned simplification of the product portfolio and the discontinuation of unproductive SKUs [stock]”, Revolution said. It said revenue growth from [...]
ECB chair Thompson: I’ve found myself in an extraordinary moment for cricket November 19, 2024 "A lot of the next 10 years will be determined almost by what happens in the next 10 weeks," said Thompson.
Could the digitisation of social care pave the way for a better NHS? November 19, 2024 The system, as it stands, is struggling – and the debate over what should or can be done to fix it is still ongoing.
Five things Rachel Reeves should do if she’s serious about growth November 19, 2024 Rachel Reeves’ pensions reforms are welcome, but they are treating the symptoms, not the causes of low growth. Here’s what she should do next…. In her Mansion House speech last week, Rachel Reeves announced the consolidation of the 86 Local Government Pensions Schemes (LGPS) into eight ‘megafunds’, unlocking deep reserves of investment finance. This is [...]
Will Labour’s planning bill actually get Britain building again? November 19, 2024 The UK's planning system is in need of a radical overhaul. Will Labour's Planning and Infrastructure bill deliver? Sam Richards takes a look.
Revolut set to take on Hargreaves Lansdown after winning trading licence November 18, 2024 Revolut is set to allow customers to buy UK-listed stocks on its platform from next year after winning a trading licence from the City watchdog. In an announcement today, Europe’s most valuable fintech said it had been authorised by the Financial Conduct Authority to allow UK customers to trade British and EU-listed stocks and exchange-traded [...]
Don’t sit back and watch Thames Water ‘car crash,’ ministers told November 18, 2024 Union warnings come after a Guardian investigation alleged Britain's biggest water company is in a far worse financial state than previously thought.
Vistry boss under fire as shareholder spat heats up November 18, 2024 Vistry has tried to placate shareholders after scrutiny over the multiple roles its boss Greg Fitzgerald holds at the housebuilder and competing companies. Fitzgerald has served as executive chairman since May, meaning he’s head of both the board of directors and the company and for which he receives a salary of around £2.5m, according to [...]
Tickets to watch Nadal Davis Cup farewell going for £20,000 November 18, 2024 Tickets to watch what could be Rafael Nadal’s last match in professional tennis at this year’s Davis Cup are going for £20,000. Spain’s quarter-final against the Netherlands in Malaga, which will take place on Tuesday, will be the end of Nadal’s illustrious career should his team fail to reach the semi-finals. And tennis fans are [...]
Production firms backed by James Corden and LeBron James in major merger November 18, 2024 A production company backed by James Corden, which is behind plans for a £450m film studio in Sunderland, is to merged with a business founded by LeBron James. The merger between The SpringHill Company and Fulwell 73, which is expected to complete in the coming weeks, will be backed by Fenway Sports Group, RedBird Capital [...]