Profit at adult retailer Lovehoney has been slashed in half as cash-strapped customers bought fewer sex toys, newly filed documents have shown. The sexual wellbeing brand, which is headquartered in …
Estate Planning
Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy
Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not …
Dyson to cut up to 1,000 jobs in the UK as firm looks to cut costs
Dyson announced today that it is reportedly looking to cut a third of its UK workforce as part of a global restructuring and cost-cutting drive. According to reports, the company …
Wes Streeting: NHS is now an ‘economic growth department’ in bid to address long-term sickness
New health secretary Wes Streeting has said that the NHS will be an “economic growth department” as the government attempts to address the alarming rise in long-term sickness. “One of …
Lloyd’s of London insurers Beazley, Hiscox and Lancashire are takeover targets, analysts say
Listed Lloyd’s of London insurers are expected to be the subject of takeover interest, analysts have said, following news that foreign rivals are circling Hiscox. Bermuda-based Hiscox’s shares rose as …
Mulberry makes surprise chief executive change amid luxury spending struggles
Luxury handbag maker Mulberry is shaking ups its top team as it unveiled a surprise change in chief executive today. Andrea Baldo has ousted Thierry Andretta as the firm’s boss, …
John Deere’s UK profit triples as sales soar by almost £100m
The UK arm of John Deere tractors has almost tripled its profit as demand soared for its iconic green farm machinery, according to newly-filed documents. The division, which is headquartered …
Indivior shares drop over 35 per cent after profit warning
Indivior shares fell over 35 per cent this morning after the pharma company warned that sales and profit for the year would be lower than expected. The company lowered its …
Reeves will be more hands on with the economy than the last Chancellor
Rachel Reeves has made a splash in her first few days of being Chancellor. Within days of arriving in No.11, she promised to make growth a “national mission” before launching …
Amazon workers begin vote on historic union ballot
Amazon workers have cast their first votes in a bid to force the company to recognise a trade union for the first time in the UK. More than 3,000 staff …