John Lewis returns to profit but cuts staff bonus for third year running
The employee-owned John Lewis Partnership (JLP) will again not pay staff a bonus this year, but it has reported a return to profit, as boss Sharon White nears departure. The…
The employee-owned John Lewis Partnership (JLP) will again not pay staff a bonus this year, but it has reported a return to profit, as boss Sharon White nears departure. The…
An activist investor has called for Glencore to shift its listing from London to Sydney and improve cash returns to jump-start its share price. The activist, Tribeca Investment Partners, an…
Software company Smartspace has received a £28.4m buyout offer (90p a share) from Sign In Solutions, the firm said today. Smartspace specialises in visitor and employee management software for offices,…
The Financial Conduct Authority said it is looking to accelerate its probe into the motor finance market today as chief Nikhil Rathi warned that it is “improbable we will find…
Strong demand for takeaways and lower costs helped Deliveroo record positive earnings before interest, taxes, depreciation, and amortisation (EBITDA) last year. The company reported adjusted EBITDA of £85m, up from…
Empiric Student Property reported strong earnings growth in 2023 as the number of full-time students in the UK reached over 2.2m. The group reported that in 2023, 22 per cent…
Commuters are facing chaos on the London Underground this morning after signalling issues and faulty trains caused severe delays and suspended services on multiple lines. As of 6:30am, there were…
Before Erling Haaland, before Pep Guardiola – before even the Abu Dhabi buyout that catapulted Manchester City to the pinnacle of the sport – there was David Bernstein. The former…
OneSavings Bank has posted a slump in annual profit after the bank took a £181.6m hit from changing customer behaviour. However, the bank softened the blow to investors by announcing…
Ancient Roman satirical poet Juvenal had me bang to rights. Dose me up on bread (artisanal, white sliced, whatever) and sporting circuses and you’ll have me tamed. Lucky, then, that…