Losses have continued to mount for hostel chain Safestay, despite the company saying it had seen an increased number of business travellers checking in to its properties. The business, which …
Four Euro 2024 squad rules you probably didn’t know about
Nations must submit their final squads for Euro 2024 today, a week before the tournament kicks off in Germany. It isn’t as simple as naming his best 26 players, however, …
British tech giant Mike Lynch acquitted after 12-year legal battle
Mike Lynch, the former boss of software firm Autonomy, was acquitted on Thursday of all 15 charges of fraud linked to the $11.1bn sale of the company to Hewlett-Packard (HP) in …
House prices ‘static’ with interest rate cuts on the horizon
House prices in the UK remained relatively stable in May on strong wage growth and an improving picture for the wider economy, with interest rate cuts on the horizon. In …
Housing market on the mend as Bellway reports ‘robust’ spring trade
The housing market is on the mend, according to FTSE 250 housebuilder Bellway, which reported “robust” trade through the spring selling season. In a trading update covering the months between …
Caffyns: Car dealer hit by plummeting value of second-hand vehicles
Car dealers Caffyns has seen its pre-tax profit slashed after the value of second-hand vehicles fell significantly. The company reported pre-tax losses of £1.5m in the year ending March 31, …
US lobby group acquires London’s Pagefield in £30m deal
London-listed government relations and lobbying group Public Policy Holding Company (PPHC) has expanded into the City after acquiring cross-party public affairs advisory business Pagefield. The US-based PPHC operated nine companies …
Sunak: ‘It was a mistake not to stay in France for D-Day events longer – and I apologise’
Prime Minister Rishi Sunak has apologised for leaving D-Day commemorations in France early to conduct a television interview, calling it “a mistake”. The occupant of number 10 was widely criticised …
Tandem Bank profitable for second year in a row as growth continues
Tandem Bank reported a second consecutive year of profitability in 2023 as customers flocked to the challenger’s greener offering. Underlying profit at the digital challenger increased five-fold, jumping to £17.2m …
Selfridges opens newly revamped beauty and skin wellness hall
The iconic London destination for all things fancy, Selfridges has just opened a completely revamped beauty and skin diagnostics hall. It boasts over 300 brands and over a thousand experts …