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Business
Netflix revenue surges as popular shows draw a large new audience
Netflix's second-quarter revenue and earnings exceeded Wall Street expectations thanks to the success of shows like Bridgerton and Baby Reindeer .
The number of new subscribers was the highest in a quarter two since 2020 when Netflix…
Cosmetic surgery group Skin collapses, putting hundreds of job at risk
Skin, one the UK's biggest plastic surgery providers, with over 70 branches, collapsed. This has put hundreds of jobs in danger.
Skin's website was replaced at 5pm on the Tuesday with a message stating that "the company has undertaken an…
Elon Musk has announced that he is moving SpaceX and X to Texas.
Elon Musk announced on Tuesday that X and SpaceX would be moving their headquarters to Texas in response to a gender identity law passed by California. This is a major blow to Silicon Valley, as the billionaire has been at odds with…
Ocado to keep London listed as it improves forecast
Ocado's boss said that the company is committed to its London listing, even though it was relegated earlier this year from the FTSE 100.
Tim Steiner said that he did not plan to take the online grocery group private or move its listing…
Morgan Stanley traders drive surge in profits
Morgan Stanley's investment bankers and traders have helped to boost the company's quarterly profits, which has offset a decline in its wealth management business.
The bank's CEO, Ted Pick, said that the trading of equities, and fixed…
Oxford brewery reduces recidivism by teaching prisoners to make ale
Thomas Jefferson said that good beer "softens tempers, cheers up the spirit, and promotes health".
This could also help solve the prison crisis in Britain. Craft brewery that employs ex-convicts to train them in ale-making is proving to…
Amazon UK staff vote to recognize unions
A small, but loud team of GMB union organisers are taking on Amazon on a traffic island outside of Coventry. Armed with homemade signs and a pile of orange bucket caps, they're ready to take on Amazon.
Last week, more than 3,000…
Taken for a Ride: How parking apps make millions off drivers
Deborah Embley, her husband John Deiss and their son were fined £240 for not downloading a parking application quickly enough. The couple was on a day trip with friends to Southwold, Suffolk. However, the signal of their mobile phones was…
After almost 200 years, Royal Mail will no longer use its own freight trains
After almost 200 years, Royal Mail will no longer use its trains to transport mail.
The company confirmed that it would decommission the remaining freight trains before 10 October. It also plans to increase its amount of mail it…
South East Water needs cash injections to stay afloat
South East Water says it needs cash injections from investors in order to remain in business. It is preparing for an Ofwat major ruling on future spending plans.
The struggling water company, which provides services to 2.3 million…
Mike Jatania is close to a deal with The Body Shop
Mike Jatania, a British tycoon, is close to completing a deal with The Body Shop as he continues his race to save the remaining high-street chain.
Mr Jatania, it is believed, is part of a group that has engaged in exclusive discussions…
Owners of humanised pets pay a lot to keep their animals alive
The Competition regulator said that pet owners who "humanise" their animals are paying more than necessary to keep them alive.
The Competition and Markets Authority said that some pet owners pay for expensive treatments which would have…
Alain Roux’s Michelin star restaurant is in the red
Alain Roux’s three Michelin star restaurant in Berkshire is now losing money due to rising wage pressures.
The Waterside Inn, Bray, posted a loss in 2023 of £181,000 compared to a profit of £814,000 the previous year. This was despite…
Business France says goodbye to Emmanuel Macron’s pro-business agenda
After President Emmanuel Macron’s snap legislative election resulted in a hung Parliament, France’s corporate leaders prepare to say goodbye to a decade of business-friendly conditions.
On Sunday, many executives breathed a huge sigh…
British Airways is under pressure to improve after cancellations soar
After a tough year that saw its cancellation rate soar, British Airways faces pressure to improve operations just as summer travel begins.
Cirium, a company that provides aviation analytics, has found that the airline cancelled 4,033…
As the air freight industry continues to evolve, IAG Cargo is at the forefront of this new era.
You might find car parts, berries and medicines in your hold luggage this summer, as well as mail or even drum sets from pop bands. It's a big deal. According to the International Air Transport Association, airlines worldwide are expected…
After BlackRock deal worth £2.5bn, a British couple becomes wealthier than Larry Fink
The couple who built an outdoor theater on their Suffolk farm estate were catapulted to the top of Britain's Rich List after they made £2bn off the sale of their financial information business.
Mark and Lindy o'Hare who own a Grade II…
French stock market gains after betting Le Pen will not win majority
The European stock market rose today on signs that France's Hard-Right will not be able to win enough seats in the legislative elections for an overall majority.
On the bond market the premium investors demanded to hold French government…