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…
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…
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 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…
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…
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,…
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…
Legal & General has secured an extra £150m for its UK affordable housing drive, pushing its total pot to £280m. The lion’s share of this new funding comes from the…
In the heart of Mayfair, Alius Law is shaking up the legal industry with a different approach to the traditional structure of a law firm, where the motto is “happy…
Kazakh flag carrier Air Astana has reported half-year record passenger numbers, driven by unexpectedly high demand for its Chinese routes. Some 4m passengers flew with the London-listed airline in the…