Aventum Group, the insurance giant founded by the father of future F1 star Oliver Bearman, has almost doubled its revenue and profits, it has been revealed. According to newly-published accounts …
Personal Finance
HSBC to revamp investment bank to look more like Citi
HSBC is reportedly reshaping segments of its investment banking arm, following in the footsteps of rivals like Citigroup. Europe’s biggest bank is merging several of the industry coverage groups within …
Bic pens UK sales rise despite ‘highly competitive’ market
The UK arm of pen, razers and lighter brand Bic has seen sales nudge up despite a “constant” inflationary changes impacting its customers, newly-filed documents have revealed. The company, whose …
Majestic Wine and Poundstretcher owner Fortress cuts costs
The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US …
Travis Perkins appoints non-exec as new boss
Pete Redfern has been appointed as the new chief executive officer of Travis Perkins, succeeding current CEO Nick Roberts, who is leaving after five years in the role. The UK-based …
London tech scale-up Unmade acquired by clothes manufacturer Hi-Tech Apparel
London-based software company Unmade, has been acquired by global garment manufacturer Hi-Tech Apparel. The deal, valued at 10 times the company revenue, will see Unmade, which is working to solve …
Roman: Retailer behind viral dress that ‘broke the internet’ posts record sales
Roman, the clothing retailer behind a viral dress that in 2015 ignited an international debate over its colour, has seen record sales as its post-pandemic comeback continues. The Birmingham-headquartered fashion …
Is UK housing back on track? London estate agent Winkworth’s sales are on the up
Winkworth Estate Agents have announced a boost in sales figures after a two years of falling sales amid a tight housing market. The company expects pre-tax profits for the year …
Moto raises prices to battle inflation as motorway service station giant’s owners mull £2bn sale
Motorway service station giant Moto upped its prices to help battle the rise in costs during its latest financial year as its owners weigh up putting the company up for …
Direct Line to put flagship brand on price comparison sites for the first time
Direct Line will list its signature brand on price comparison sites for the first time, having held off from doing so for years. The decision from insurance giant, which also …