A High Court judge has ruled on the meaning of the social media post at the heart of former Tory MP Andrew Bridgen’s libel case against Matt Hancock MP. Mrs …
June 2024
Labour is still ‘ambivalent’ towards the City – we need celebration, says Federated Hermes chief
Labour is still “ambivalent” towards the City and neither of the major parties has done enough to “celebrate” its achievements, according to the UK chief of Federated Hermes. Saker Nusseibeh, …
Weetabix: Shoppers switching to supermarket own brand squeezes profit
Shoppers switching to supermarket own brand cereals has squeezed Weetabix’s profit despite its sales edging up, according to newly-filed documents. The cereal giant has reported a pre-tax profit of £47.9m …
IG Design: Cards and Christmas cracker giant nearly triples profit despite ‘soft demand’
IG Design, the world’s largest maker of greeting cards, wrapping paper and gift bags, has nearly tripled its annual profit despite a drop in revenue on “soft demand”, as it …
Landsec: Property giant ups stake in Bluewater shopping centre to two thirds
Property giant Landsec has acquired an additional 17.5 per cent stake in Bluewater, the out of town shopping centre in Kent, taking its overall ownership to over 65 per cent. …
F1: Is dominance of Red Bull and Max Verstappen over?
As Max Verstappen rounded the final corner at the Bahrain International Circuit in the opening race of the 2024 Formula 1 season, many would have been forgiven for believing they …
Chapel Down brings in Rothschild & Co to conduct strategic review as firm considers sale
Chapel Down announced on Tuesday morning that it is conducting a “strategic review” to help drive growth, as part of which the company might be put up for sale. In …
US drug giant Pfizer beats GSK to UK government contract for 4.9m vaccine shots
Pfizer has beaten GSK to win a contract to supply millions of doses of a new respiratory vaccine in the UK after the government snubbed the local drugmaker. The US …
Gordon Ramsay TV shows boosts chef’s production studio
The success of hit TV shows featuring Gordon Ramsay helped his boost his production company’s coffers during its latest financial period, it has been revealed. Studio Ramsay, which is behind …
Funding Circle offloads US business for £33m in bid to stem losses
Small business lender Funding Circle has struck a deal to sell its US business to Florida-based iBusiness Funding (IBF) for £33m as it looks to stem losses and boost its …