Luxury jeweller Fabergé, renowned for its opulent imperial Russian Easter eggs, has changed hands in a deal valued at $50m. The sale sees Gemfields, the gemstone mining company, agreeing to
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Shares in STV Group plummeted to a twelve year low after the Scottish media company warned that revenue and adjusted operating profit for the year would be significantly below market
EDF, the French energy giant, has secured the acquisition of Pod Point, the electric vehicle (EV) charging company, for a £10 million cash offer. This marks a significant moment for
British retailers, suppliers and manufacturers are implementing price increases following the October budget’s tax hikes, raising concerns about higher-than-expected inflation rates this year. Food inflation, which surged from 2 per
The engineering consultancy John Wood Group has witnessed its shares plunge by more than 55% following revelations of severe financial difficulties and governance concerns. The company’s announcement of a potential
British pharmaceutical giant GSK has announced its first share buyback programme in over a decade, committing £2 billion to the initiative whilst simultaneously upgrading its long-term sales projections. The FTSE
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
Britain’s largest supermarket chain faces mounting pressures from wage increases and rising costs, casting a shadow over its record-breaking Christmas trading period and highest market share since 2016. Tesco’s Chief
The retail giant Marks & Spencer has made a bold commitment to minimise cost increases for consumers amid mounting economic pressures and post-budget challenges. Chief Executive Stuart Machin emphasised the
British footwear retailer Shoe Zone has announced plans to close multiple stores, citing significant cost pressures from recent budget measures implemented by Shadow Chancellor Rachel Reeves. The company’s shares plunged
Lord Evgeny Lebedev is seeking potential buyers for his struggling London television station after a decade of significant financial losses. The broadcaster, London Live, which made history as the capital’s
Chelsea Football Club owner Todd Boehly has emerged as a potential disruptor in the £550 million sale of The Telegraph newspaper, offering financial backing that could reshape the bidding landscape
Britain’s largest pet retailer has witnessed its shares plummet more than 13 per cent after slashing its annual profit forecast amid mounting pressure from recent budget measures and dampened consumer
The Telegraph newspaper group is bracing for a potential third auction as the leading New York-based bidder grapples with funding challenges. Industry sources reveal that bid teams are actively discussing
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