Unilever is planning to cut more than 3,000 jobs based at its offices across Europe by the end of 2025, according to reports. The group, whose brands include the likes …
July 2024
Uniqlo pushes for third year of record profit despite China slowdown
Uniqlo’s parent company Fast Retailing has raised its profit forecast for the year on strong domestic and overseas demand, despite a significant slowdown in Chinese demand. The company lifted its …
FTSE 250 posts strong weekly gain as investors look at UK stocks with a ‘new pair of eyes’
UK equities, led by the FTSE 250, have gathered some momentum over the past week as investors have swung behind the new Labour government and the UK’s economic recovery. The …
London Stock Exchange eyes fresh listings as City regulator readies sweeping shake-up
The London Stock Exchange could be in line for two new listings by the end of this year in a boost to the bourse as it prepares for the biggest …
Major disruption for Manchester’s Metrolink after ‘unstable land’ warning stops trams
A major part of Manchester’s Metrolink tram network has been suspended until further notice after unable land made it unsafe to run services. Transport for Greater Manchester, which owns Metrolink, …
EP: 283 Newmarket, York, Ascot & Hong Kong
At the end of an extremely sombre week for British racing, Saturday provides us with what is billed as ‘Super Saturday’ with the July Cup the main attraction. Both York …
Waitrose wine favourite puts vineyard up for sale
A British rosé producer which supplies Waitrose has been put up its business and 33-are vineyard up for sale. Off The Line, which is based in East Sussex and was …
System1: US sales soar as demand for advert testing continues to grow
Ad testing firm System1 has seen its revenue soar following a jump in its US sales, marking an “exceptionally strong” start to its financial year. The AIM-listed firm grew its total …
Allen & Overy profit soared past £1bn before merger with Shearman
Legacy law firm Allen & Overy profit before tax jumped nearly 20 per cent to £1bn before the merger with US firm Shearman & Sterling. The merger of the highly …
Sterling soars to mulit-year highs as investors flock to ‘safe haven’ UK
Sterling has soared over the past couple of weeks and is currently trading at, or close to, multi-year highs against a basket of currencies. It’s the only developed market currency …