Reckitt Benckiser, the FTSE 100 consumer healthcare group behind well-known brands like Dettol and Strepsils, has issued a sales outlook that falls below City forecasts. The company, headquartered in Slough,
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The £3.6 billion takeover of the Royal Mail’s parent company, International Distribution Services, by Czech tycoon Daniel Kretinsky has hit delays due to political upheaval in Romania. The acquisition, involving
The owner of Boots, one of the UK’s most recognisable high street chemists, is on the verge of being taken private in a deal valued at $10 billion. Walgreens Boots
WH Smith’s iconic high street presence, a staple of British towns for over two centuries, is nearing its end as the retailer prepares to sell its struggling high street business.
An investigation has revealed widespread VAT evasion on the Chinese shopping platform Temu, where sellers are fraudulently using the details of legitimate UK businesses to dodge millions in tax obligations.
Polish parcel locker specialist InPost is set to disrupt the UK delivery market with an aggressive pricing strategy that directly challenges Royal Mail’s dominance. The company’s new customer-to-customer delivery service,
The FTSE 100 medical equipment manufacturer Smith & Nephew faces intensifying shareholder pressure to consider a corporate break-up ahead of its annual results next week, particularly if its struggling orthopaedics
The financial landscape has transformed dramatically in the five years since Covid-19 first emerged from Wuhan, China. The initial market response to the virus was relatively measured, with investors maintaining
Britain’s independent brewing sector witnessed its most significant contraction in 2024, with 100 breweries closing their doors, according to data from the Society of Independent Brewers (SIBA). The decline reduced
The iconic fried chicken chain KFC has unveiled plans to sever its historical ties with Kentucky, announcing the relocation of its corporate headquarters to Plano, Texas. This strategic move has
The world’s largest sovereign wealth fund has attracted an eclectic mix of 82 applicants vying for its chief executive position, offering an annual salary of £500,000. Norway’s Government Pension Fund
British employers are preparing to implement the most significant wave of redundancies in a decade as business confidence deteriorates amid looming tax increases scheduled for April, following Rachel Reeves’ autumn
In a bold economic gambit, Rachel Reeves’s £25 billion tax raid could inadvertently push British businesses towards increased automation and technological investment. This strategic move, whilst potentially devastating for some
The Competition and Markets Authority (CMA) has announced plans to accelerate its merger investigation decisions amid mounting pressure from ministers and business leaders who have criticised regulatory processes as overly
Financial storm clouds are gathering over Sir Jim Ratcliffe’s vast business holdings as his chemicals empire, Ineos Group, faces mounting debt concerns alongside challenges across his sporting investments. Credit rating
British pharmaceutical giant AstraZeneca has reported a significant 38% increase in pre-tax profits to £8.7 billion for 2024, driven by robust sales across its cancer, lung, and immunology treatments portfolio.