GSK has reported a strong performance in the first quarter, with revenue rising to £7.63 billion, reflecting a 5 per cent increase at constant currencies. This growth comes as the
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Adidas has achieved a remarkable milestone with the launch of its new 97-gram running shoe, the Adizero Adios Pro Evo 3. This innovative design has played a pivotal role in
The new chief executive of BP, Meg O’Neill, anticipated a significant financial boost from energy market volatility as she prepares to unveil her first results. Analysts project that underlying profits
Stonegate, the largest pub company in the UK, faces significant financial hurdles, having reported losses of nearly £650 million over the past three years along with a staggering debt exceeding
The heir to JCB’s multibillion-pound manufacturing empire has issued a stark warning regarding the future of the company in Britain. Jo Bamford expressed concerns that the proposed changes to inheritance
Hundreds of jobs are set to be lost at Brewdog after the Scottish brewing and hospitality company was acquired by a US cannabis and wellness specialist in a deal valued
Ocado has announced plans for a significant restructuring that will result in approximately 1000 job losses, as the British supermarket technology group seeks a substantial reduction in its cost base.
The chief executive of the London Stock Exchange Group has firmly dismissed assertions that the company is at risk from AI-driven competition, branding such claims as unlikely, verging on impossible.
Allegations have emerged that Mike Ashley’s Frasers Group attempted to undermine Boohoo’s multimillion-pound equity raise. The claims suggest that Frasers sold millions of shares at a discounted price, just as
A crisis has unfolded at SkinBioTherapeutics, an Aim-listed skin healthcare company, following the abrupt resignation of its chief executive, Stuart Ashman. The company revealed significant accounting discrepancies that have led
Richard Howson, the former chief executive of Carillion, has been fined £237,000 for his role in the collapse of the construction and support services firm. The Financial Conduct Authority (FCA)
Tui, Europe’s largest travel operator, has recently highlighted a slowdown in summer bookings, which has raised concerns among analysts and investors. Despite reporting a strong start to the year, Tui
Asda is encountering significant hurdles as it attempts to revitalise its brand under the leadership of Allan Leighton. Upon his return in 2024, he aimed to replicate the previous success
Glencore has announced significant increases in its copper reserves, enhancing its leverage in ongoing negotiations to merge with Rio Tinto. The FTSE 100 commodities trader has revealed a more optimistic
>Tens of thousands of businesses categorised as ‘zombie’ companies risk collapse this year, as they contend with severe financial pressures related to high tax rates, increasing employment costs, and declining
Shell and Exxon Mobil have announced the cancellation of a planned sale of $500 million worth of North Sea natural gas assets to Viaro Energy. This decision comes after the
