August 2024

Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed. Firmdale Hotels, which was founded …

The UK’s biggest banks were among FTSE 100 stocks hit by a global sell-off on Monday as investors were spooked by the prospect of a US recession. Major domestic lenders …

The UK arm of Prada has hailed its “excellent” and “outstanding” performance despite the wider slowdown in luxury sales. The division has reported a turnover of £165.8m for 2023, according …

Senior has reported a dip in half-year profit as production issues with Boeing’s 737 Max spill into its aerospace division. The FTSE 250 aerospace and defence supplier said operating profit …

Dubai-based engineer Dar Al-Handasah, known as Sidara, has ended takeover talks with London-listed John Wood Group, citing “rising geopolitical risks” and “financial market uncertainty” The Emerati firm said on Monday …

Luxury Swiss watch brand Richard Mille has issued a huge dividend and hinted that 2024 will be another year of sales success. The company’s Europe, Middle East and Africa division, …

Business activity in the services sector picked up in July, according to a closely watched business survey, suggesting that the economy will continue to grow in the months ahead. S&P’s …

Legal & General has secured an extra £150m for its UK affordable housing drive, pushing its total pot to £280m. The lion’s share of this new funding comes from the …

In the heart of Mayfair, Alius Law is shaking up the legal industry with a different approach to the traditional structure of a law firm, where the motto is “happy …

Kazakh flag carrier Air Astana has reported half-year record passenger numbers, driven by unexpectedly high demand for its Chinese routes. Some 4m passengers flew with the London-listed airline in the …