Shares in Trustpilot have jumped after the global review platform reported higher-than-expected earnings for the first half of 2024 and unveiled a new share buyback. The FTSE 250 firm gained …
Personal Finance
Rightmove formally rejects £5.6bn takeover proposal from Rupert Murdoch-backed REA
This morning, Rightmove announced that it had formally rejected a £5.6bn takeover bid from Rupert Murdoch-owned property company REA group on 2 September. The property portal confirmed it had received …
The Gym Group swings to profit as growth plan pays off
Budget fitness centre operator The Gym Group swung to a profit in the first half of 2024 and said it was “well set” to deliver full-year earnings at the top …
Mike Ashley works his magic at Hornby as sales jump
The impact of Mike Ashley advising Hornby, the international models and collectibles group, has been revealed. The retail tycoon. whose Frasers Group significantly upped its stake in the Kent-headquartered listed …
Dunelm defies consumer squeeze as sales and profit rise
London-listed homeware retailer Dunelm has seen its sales tick up despite its customers facing “competing demands” for their disposable income. The Leicester-headquartered firm saw its overall revenue climb to £1.7bn …
Asos slashes £500m debt pile as refinancing deals revealed
Asos has announced the successful refinancing of the majority of its £500m debt due in 2026, with only just over £70m outstanding. The online fast-fashion retailer, which has struggled with …
Surrey Invincibles? Why Sky Sports could veto Hundred franchise rebrand
Surrey could find themselves on a collision course with English cricket’s main broadcast partner, Sky Sports, over their desire to take control and rebrand their successful Hundred franchise, Oval Invincibles. …
GDP stagnates in July following strong first half of 2024
Economic growth came to a standstill in July, according to official estimates, in a sign that the UK’s surprisingly strong start to the year might be weakening. New figures show …
The winter fuel cut is Starmer’s first peek into the Too Difficult Box. Now give him courage!
Means-testing winter fuel payments show Starmer is willing to peek into the Too Difficult Box, but he must resist to urge to slam it shut again, writes James Price Nearly …
The Notebook: Is Wapping the best place in London?
Where the City’s brightest get a few things off their chest. Today, Lucy Kenningham, feature writer at City A.M., takes the Notebook pen. Is Wapping the best place in London? …