Various Eateries, the company behind the Coppa Club and Noci restaurant brands, has blamed “one of the wettest winters since records began” for a fall in its like-for-like sales. The …
May 2024
Ensilica: Oxford chip designer shares tumble as ‘slower’ UK economy blamed for contract delays
Shares in UK-based semiconductor designer Ensilica tumbled as much as 10 per cent on Tuesday morning after it said a dragging economy has delayed some of its contracts. During the …
Confidence in ONS statistics remains high but data issues might pose problems
Public confidence in official statistics remains high, a new survey shows, although a number of high-profile data difficulties might put this into question. The latest confidence in official statistics survey, …
Meet the founder championing AI’s role within brand creativity
Rhoda Sell of AI-driven advertising firm Automated Creative takes the pen to tell Ambition A.M. what it takes to solve personal frustrations with an innovative business model. Every week, Ambition A.M. …
Anglo American to sell De Beers as part of strategy to ‘unlock significant value’
Anglo American has today set out what it has called a “clear, compelling and decisive plan” to unlock shareholder value – which will include selling off diamond business De Beers. …
Vodafone turnaround shows progress as it sweats on Three UK merger decision
Vodafone’s turnaround efforts are showing signs of success after it posted growth across all of its markets in Europe and Africa in full year results, as it continues to await …
Greggs reports bumper sales growth as consumers snap up iced drinks
Greggs shrugged off the wet weather in the first few months of the year to report sales growth of 7.4 per cent, according to a trading update published today. The …
Virgin Money reports ‘subdued market’ for mortgage lending as higher rates put off borrowers
Virgin Money has reported lending growth across its target areas but a downtick in mortgage balances as it prepares for a mega-merger with Nationwide. In an unaudited trading update, Virgin …
Marston’s optimistic for Euros summer as profit rises on beer and pub grub
Pub chain Marston’s has posted a strong first half of the financial year off the back of food and drink sales as it looks ahead to the bumper summer months …
Irish FTSE 100 giant DCC picks up £90m UK green ‘retrofit’ firm
DCC – the tech, healthcare and energy investor – will acquire Next Energy, a renewable energy provider focused on the UK domestic sector. The deal values Next at around £90m. …