Frasers Group criticises Mulberry’s management after abandoning its takeover…
Mike Ashley's Frasers Group criticised Mulberry's management after it withdrew from its attempt to acquire the…
Yearly Archives
2024
Think-tank of Tony Blair urges the introduction of pay-per-mile road prices across…
Tony Blair's think-tank says that a pay-per mile road pricing system should be introduced now. It is also urging…
Reeves announces major fiscal rule change releasing £50bn to spend
Rachel Reeves, at the International Monetary Fund will announce a plan for changing Britain's debt regulations that…
Apple now allows children to report nudity via iMessage
Apple has introduced a new feature in Australia which will allow children who receive nude images or videos to…
Lloyds raises forecast on house prices
The UK's largest mortgage lender, which is also the country's largest bank by assets, has raised its expectations…
Reckitt boss is ‘open-minded” about reaching a settlement on baby milk…
Reckitt Benckiser's chief executive has said that the FTSE100 consumer goods group would be open to settling US…
Watches of Switzerland is urged by an activist to relocate their listing from New…
Gatemore Capital Management, an activist investor, has called on Watches of Switzerland (formerly Watches of…
Deloitte UK cuts 250 employees
Deloitte UK has laid off 250 employees, the third time in 13 months that the Big Four have made redundancies. This…
Heathrow considers dividend payment as passenger traffic reaches record levels
Heathrow is predicting a "probable return" to dividends following four years of dry spells. A summer of music,…
Boeing blames its $6bn loss on’serious performance failures’
Boeing announced a $6bn loss for the quarter and warned that it would continue bleeding cash. The new CEO Kelly…
Goldman Sachs, Apple and other companies to pay US $89mn fines for credit card…
Goldman Sachs, Apple and the US Consumer Finance Watchdog have been fined more than $89mn for "illegally…
BoE Governor: UK inflation is declining faster than expected
The Bank of England Governor said that the UK must continue to experience a decline in the price of services from…
Tesla shares rise 12% on the back of its upbeat earnings forecast and positive…
Tesla shares soared Wednesday after the company reported a higher-than-expected quarterly profit. The company also…
Starbucks cancels its 2025 forecast after falling sales and earnings
Starbucks suspended its financial guidance after it released unexpected results showing a drop in revenue and sharp…
A new commission could ban English water companies making profits
Plans for a total overhaul of the system could prevent water companies in England from making profits. A new…
IMF warns Trump’s trade tariffs may damage the global economy, but it also…
The International Monetary Fund warned that the tariffs proposed by Donald Trump, the US presidential candidate,…
Holiday Inn reveals growth despite slump in China
The FTSE-100 hotel group that owns the Holiday Inn, Crowne Plaza and other chains was impacted by a weakening of…
Hunting reduces profit forecast as oil prices fall
Hunting has had to reduce its profit forecast for this year due to falling oil and gas prices, and a slowdown on…