Shares in Greencore, one of the UK’s major convenience food manufacturers, have risen six per cent following Wednesday’s trading update which highlighted another strong quarter and a robust full-year performance. …
October 2025
China spy case collapse due to Labour government, prosecutors say
Public prosecutors have said a Chinese spy case involving Christopher Cash and Christopher Berry was dropped due the lack of evidence provided by the Labour government on labelling the country …
Rare reprieve for Reeves as ONS data error cuts borrowing by £3bn
Chancellor Rachel Reeves has been handed a rare reprieve ahead of the Budget after a data error by the UK’s statistics authority reduced expected public borrowing by £3bn. A mistake …
Five Guys: Losses widen amid European expansion
Losses widened at the European arm of Five Guys despite its revenue rising during its latest financial year, it has been revealed. The London-headquartered division has posted a pre-tax loss …
Snapchat UK loses over £500m despite revenue spike
The UK arm of Snapchat lost more than $757m during its latest financial year despite its revenue spiking to over $2bn, it has been revealed. For 2024, Snap Group has …
The Dorchester owner returns to the black
The owner of five-star London hotel The Dorchester has returned to the black despite its revenue falling in 2024. New accounts filed with Companies House show the Dorchester Group posted …
Motor finance: Lloyds, Barclays shares jump as FCA softens blow
Shares in motor finance lenders rallied on Wednesday morning after the Financial Conduct Authority dropped a major update on its industry-wide redress scheme. Lloyds Banking Group – which owns the …
Blow to Anglo American as disruption at Teck mines leads to cut in production
Anglo American’s planned merger with Canadian miner Tech Resources has suffered a setback after Teck admitted a series of issues with its mines that would lead to a cut in …
Kemi Badenoch pledges ‘golden rule’ to cut deficit
Tory leader Kemi Badenoch will reveal her plan to reduce the public deficit will be a “golden rule” in a crucial speech setting out her party’s hopes to regain voters’ …
Hargreaves Lansdown co-founder to step down from board
The billionaire co-founder of Hargreaves Lansdown is stepping down as board director of the personal investment business months after its £5.4bn acquisition by private equity firms, marking an end to …