Purpose-led businesses seem to be the latest craze when it comes to booming entrepreneurial trends, and it doesn’t look like the push for sustainability is slowing down anytime soon – …
April 2024
Bloom and Wild: Losses balloon to over £100m at flower seller as cost of living crisis bites
Losses at the group behind Bloom and Wild ballooned to more than £100m during its latest financial year after being hit by the cost of living crisis. The London-based group, …
Esquire Coffee owner cheers sales rise as it plots store expansion
The owner of Esquire Coffee in the UK and Ireland has said sales continued to rise in the year to March as it looks to expand further. The hospitality business, …
Pagegroup: Recruiter cuts headcount as hiring slump spurs profit slide
Recruitment agency Pagegroup reported a slide in group profit in the first quarter of the year due to businesses holding off hiring amid a tough economic climate. The FTSE 250 …
Inchcape to sell its UK retail operations for £346m
Inchcape, the leading FTSE 250 global automotive distributor, has today announced the sale of its UK retail operations for £346m to Group 1 Automotive UK, a subsidiary of New York-listed …
Mitie Group forecasts record revenue and launches buyback as profit set to spike
Outsourcing company Mitie Group has projected a record revenue of £4.5bn for its 2024 financial year, an 11 per cent increase from the previous year. The company announced the target …
Audioboom: Podcast giant posts full-year loss as it looks to ad business for rescue
Podcasting platform Audioboom has recorded a drop in both revenue and profit for its full year despite seeing strong demand from advertisers. The British company said its revenue fell from …
Ceres Power’s revenue bounces back after a rocky few years
Ceres Power reported a much-needed upswing in revenue throughout 2023 after years of struggling to retain contracts. Revenue for the fuel cell and hydrogen technology specialist increased from £19.8m to £22.3m, …
Politicians can’t get Brits to make babies – immigration is the answer
The truth is we simply don’t know how to boost birthrates in modern, liberal countries. But we do know that immigration can reverse demographic decline, says Ben Cope Britain is …
Bulls liquidated amid war fears
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Over the weekend, Crypto …