Deliveroo has reached a milestone by reporting its first full year of profit since its founding 12 years ago. The food delivery company posted a net profit of £2.9 million
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Admiral has reported a significant surge in annual profits, driven by a strategic decision to lower UK motor insurance premiums after an industry-wide price hike. The FTSE 100 company has
Bitcoin has faced its largest monthly decline since June 2022, entering a technical bear market as market optimism around cryptocurrencies waned during February. The leading cryptocurrency dropped 17.5% last month,
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
In a significant development that has caught the attention of global financial markets, NASA has elevated the probability of a potential “city killer” asteroid collision with Earth to an unprecedented
The sudden departure of Petra Diamonds’ chief executive has sent shockwaves through the mining sector, with shares plummeting 17.2 per cent to 24p following the announcement. Richard Duffy, who had
British supermarket giant Waitrose has announced a groundbreaking commitment to implement electrical stunning for all farmed prawns by the end of 2026, signalling a significant shift in the £570 million
Lord Ashcroft has called for premium English winemaker Gusbourne to withdraw from London’s junior stock market after unsuccessful attempts to secure a buyer. The company’s shares plummeted more than 40
A groundbreaking development in the pet food sector has emerged as Pets at Home launches the world’s first lab-grown meat dog treat in the UK market. This innovative product, branded
Vodafone’s ongoing turnaround efforts have hit a snag as sales deteriorate in its largest market, Germany, despite showing promising growth in other regions. The telecommunications giant reported a 5.2 per
The reverberations of President Trump’s latest tariff announcements have sent shockwaves through global markets, with multiple sectors facing significant operational challenges. The comprehensive tariffs, targeting 44% of US imports, are
In a significant shift for the UK property market, rental prices outside London have decreased for the first time since 2019, marking a potential turning point for tenants struggling with
Japanese investors have embarked on a significant selloff of Eurozone government debt, reaching the most aggressive pace in over a decade. The net sales surged to €41bn in the six
The global offshore wind sector faced a significant setback as Danish energy giant Orsted witnessed a sharp decline in its share value following President Trump’s executive order to halt new
The expenditure for improving the Office for National Statistics’ (ONS) labour market survey has witnessed a dramatic surge, nearly doubling to £40.4 million from an initial estimate of £24.1 million
The Dutch postal service company PostNL, backed by Czech billionaire Daniel Kretinsky who is currently acquiring Royal Mail, has issued a stark warning about its profitability and called for urgent