June 2024

Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever. The Derby-headquartered aerospace giant has seen its…

The UK government borrowed £15bn last month, almost a billion pounds more than the previous year and the highest for May since the Covid-19 pandemic. In fresh figures from the…

Rachel Reeves has told businesses that they have “nothing to worry about” when it comes to Labour’s workers’ rights reforms. Speaking at The Times CEO Summit yesterday, the shadow Chancellor…

Britvic, the company behind brands such as Robinsons squash, has rejected a second takeover offer from Carlsberg worth around £3bn. The Hemel Hempstead-headquartered company, which has an exclusive licence with…

Advertising giant M&C Saatchi has hired Simon Fuller as its new chief financial officer, the firm announced today. The company said Fuller has held the CFO position at publisher Reach…

Lord Alan Sugar has formally invested in the company run by the winner of the latest series of The Apprentice. Rachel Woolford triumphed over pie company chief Phil Turner in…

Consumer confidence picked up again in June, a new survey shows, in a sign that the improving economic outlook is slowly feeding through into household budgets. GfK’s overall consumer confidence…

Pharmaceuticals giant GSK has said it is “unequivocally” committed to its London listing in a soothing sign for the City after a flood of exits from the market this year.…

KPMG is reportedly set to slash yet more roles in the UK as the firm battles with a market slowdown. The firm is set to cut a further 200 back-office…

UK retail sales rebounded last month, according to fresh data, after a rainy April saw a slump in high street spending. Retail sales volumes rose by 2.9 per cent in…