Ladbrokes owner Entain has announced the appointment of Gavin Isaacs as its new chief executive, starting 2 September. The Australian gambling industry veteran replaces interim chief Stella David, who will …
Personal Finance
Ofcom fines BT for being ‘ill-prepared’ on fault which stopped 14,000 calls to 999
Ofcom has handed BT a £17.5m fine after finding the telco giant was”ill-prepared” to deal with a network fault that meant tens of thousands were unable to reach emergency services. …
Moneysupermarket profit surges as insurance boom pays off
Moneysupermarket’s parent company’s operating profit surged eight per cent to £73m over the last six months, as the company’s expansion into insurance paid off for the price comparison website. The …
Ryanair: Michael O’Leary says summer fares will be ‘materially lower’ as profit falls
Ryanair has reported a sharp dip in quarterly profit despite strong demand for travel, as average flight fares decreased substantially. Profit after tax fell 46 per cent year-on-year, from €663m …
Hammerson: Shopping centre giant sells £1.5bn stake in Bicester Village
British shopping centre giant Hammerson has sold its interest in the company behind Bicester Village in a deal worth £1.5bn, according to a statement released today. The London-listed property firm said it …
Beeks: Cloud firm ‘delighted’ with ‘record’ financial results
Financial cloud computing firm Beeks hailed its delivery of another year of double-digit growth thanks to its “strong” performance across its private and exchange cloud divisions. The AIM-listed firm, which …
Ocado partners with US grocery giant Kroger on robotic arm rollout
Ocado has ramped up its partnership with US grocery giant Kroger to bring in a wave of automated technologies across Kroger’s warehouses. Kroger has placed an order to install Ocado’s …
Brand Architekts: Skinny Tan owner inks new deals with Holland & Barrett and Boots
Brand Architekts, the beauty specialist behind British brands including Skinny Tan and Super Facialist has signed new deals with big name retailers including Asda, Holland & Barrett and Boots to …
Vodafone offloads further Vantage Towers stake for £1.1bn
Vodafone has offloaded a 10 per cent stake in Vantage Towers for €1.3 (£1.1bn) as it continues a sell off of assets to reduce its debt. The FTSE 100 firm sold …
HSBC helps push UK dividends to record high in the second quarter
UK dividends hit a record £36.7bn in the second quarter of 2024, rising 11.2 per cent compared to last year. Special dividends helped the total to a record. The largest …