Volvo’s UK sales jumped closer to the £2bn mark after another record-breaking year, it has been revealed. The division, which is headquartered in Berkshire, has reported a revenue of £1.7bn …
Estate Planning
The City is at the vanguard of a new industrial revolution in open data and AI
By leveraging the expertise of the City, we can pioneer the Fourth Industrial Revolution, writes Lord Mayor Michael Mainelli As well as being an enthusiast and early adopter of technology …
English cricket mourns ‘beloved’ batter and coach Thorpe after he dies aged 55
English cricket is mourning the passing of one of its best-loved figures after Graham Thorpe died, aged just 55. Thorpe scored more than 9,000 runs for England in 100 Tests …
Firmdale: Record year for luxury London and New York hotel group amid expansion plans
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 …
Lloyds, Barclays and Natwest: FTSE bank shares slide on fears of US recession
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 …
Prada hails ‘outstanding’ UK sales amid luxury struggles
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: Rolls-Royce partner reports dip in profit amid Boeing 737 Max setbacks
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 …
Wood Group shares plunge after bidder Sidara walks away citing ‘geopolitical risks’
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 …
Richard Mille: Luxury watch brand hands out huge pay day as sales success eyed
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, …
Solid services sector ‘bodes well’ for UK economy despite stubborn price pressures
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 …