THG, the owners of Cult Beauty and Myprotein, recorded strong revenue growth in the first quarter of 2024, it told markets this morning. The company, which also owns City A.M., …
Government borrowing ahead of expectations in blow for hopes of tax cuts
New figures have shown that government borrowing across the 2024 financial year came in ahead of official expectations in a blow to the Chancellor’s hopes of cutting taxes again before …
Primark owner ABF raises dividend as markets ‘return to normality’
Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results, thanks in part to a Rita Ora-driven campaign. The retail and food giant’s board …
Jupiter outflows surge after star fund managers leave for new ventures
Jupiter Fund Management saw significant outflows in the first quarter after the loss of a key fund manager and the separation of investment company Chrysalis. The asset manager reported that …
Videndum: Hollywood writers strike calls ‘cut’ on camera gizmo firm’s bottom line
Camera accessories producer Videndum has blamed last year’s industrial action among writers in Hollywood for a 30 per cent drop in revenue. The London-listed firm today said that the strike, …
Taylor Wimpey’s order book shrinks amid ‘value over volume’ approach
Housebuilder Taylor Wimpey has reported a smaller order book and fewer sales this year amid “market uncertainty and affordability challenges” as it looks to grow in 2025. The FTSE 100 …
Ferrexpo hit by conscriptions into Ukraine army but production spikes
Production at embattled iron ore pellet producer Ferrexpo has surged 203 per cent across its operations through the first quarter of 2024. A note from the company’s executive chair Lucio …
Chocolate and discount-loving Brits drive food inflation down for 14th straight month
Brits splurged out on chocolate and sought discounts at the supermarket, as grocery price inflation fell to 3.2 per cent over the four weeks to 14 April, marking the fourteenth …
JD Sports picks up US retailer as stateside focus increases
UK retail giant JD Sports is picking up a listed American retailer in a rare example of a London-listed company poaching from US markets. JD Sports will pay £878m for …
Mango Markets judgement raises more questions for smart contract law
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. “What are …