Profit at IG Design, the world’s largest maker of greeting cards, wrapping paper and gift bags, has been slashed but the firm is now cash generative and expecting to make a comeback …
Retirement Planning
HSBC chief Elhedery says no plans for Asia spin-off in global revamp
HSBC’s new chief executive has insisted his redrawing of the bank’s operations between East and West are not a precursor to the kind of break-up demanded by one of its …
How retail investors are bracing for a Rachel Reeves tax raid
Fear among retail investors is building in the face of this week’s Budget, with Chancellor Rachel Reeves’ rumoured changes to capital gains tax and inheritance tax hanging over the heads …
Yougov shares jump after revenue and profit growth revealed
Yougov shares jumped 13 per cent on Tuesday as the data firm reported revenue and operating profit narrowly ahead of full-year expectations. In unaudited results for the year to 31 …
Tech boss warns UK to avoid own goal in Autumn Budget
The founder and chief executive of a British artificial intelligence (AI) unicorn has urged the government to prioritise innovation in this week’s Budget, warning against policies that could hinder growth …
Santander UK delays results following motor finance court case
Santander UK has delayed the publication of its results to assess the impact of a landmark court ruling on motor finance commissions. Results for the Spanish bank’s UK arm were …
Pearson: Educational publisher starts to reap rewards of AI
Pearson said it is starting to see “commercial benefit” from the integration of artificial intelligence (AI) into its services. The education publisher said there have been over five million student …
Hargreaves Lansdown client growth surges as takeover looms
Hargreaves Lansdown’s client growth surged to 18,000 in the last quarter as the investment platform’s private equity takeover approaches. However, despite the growth, which compared to just 8,000 new customers …
BP beats estimates despite lower oil prices
FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter. On Tuesday, it posted an underlying replacement cost profit, used as a proxy for net profit, of …
Bulmers help C&C outperform the alcohol market
Drinks company C&C has reported results in line with expectations as its core brands Bulmers and Tennent’s outperformed the market. The company has also reconfirmed its commitment to return a …