Toyota Motor Corp hiked its full-year profit forecast, as sales of its hybrid models helped the carmaker defy a wider downturn in the sector. The Japanese automaker expects operating profits …
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Pieminister serves up just £1,000 profit after absorbing costs to keep menu prices down
Pieminister made a pre-tax profit of just £1,000 during its latest financial year after absorbing rising costs in a bid to keep menu prices down as much as possible. The …
Treasury could launch Natwest retail sell-off as soon as June, UKGI confirms
The Treasury could begin selling its shares in Natwest as soon as June, the body for government investments has confirmed. Chancellor Jeremy Hunt announced in his Autumn Statement last November …
NFL boss Goodell shakes off ‘nonsense’ Taylor Swift Super Bowl conspiracy theories
NFL bosses have been forced to deny conspiracy theories involving Taylor Swift and her partner Travis Kelce’s team, the Kansas City Chiefs, ahead of this weekend’s Super Bowl LVIII. The …
Ofgem tells energy suppliers to cut switching times to five days or face a fine
The UK’s energy watchdog has said it will slash the time within which energy suppliers must switch customer tariffs or face a fine. Ofgem today said that from 1st April, …
EY warning: Higher interest rates could cost UK firms £25bn over next three years
Higher interest rates means UK firms are set to face an extra £25bn bill on their annual debt servicing costs, according to new projections from EY. The consultancy found that …
LSEG chief operating officer leaves for insurance broker
A SENIOR London Stock Exchange Group exec is set to leave Paternoster Square for a new role in the insurance industry. David Shalders, the firm’s chief operating officer and head …
UK should ‘shout about the insurance industry a bit more’: Howden boss
ONE of the City’s leading insurance bosses called on the UK to “shout about” the world leading industry “a bit more.” “The London market is the only proper insurance market …
6 Kings Slam: Djokovic and Nadal sign up as Saudi Arabia launches new tennis event
Saudi Arabia has made another major move in professional tennis by announcing a new tournament, the 6 Kings Slam, featuring Novak Djokovic, Rafael Nadal and Carlos Alcaraz. Newly-crowned Australian Open …
Fund managers bullish on private equity in 2024 despite sector headwinds
A key survey of private equity funds has found most managers are bullish for the year ahead despite the challenges facing the sector. In a study from Carne Group, which …