Estate agent Winkworth said the housing market was returning to more “normalised” levels with revenue growth in London outperforming the national average. The estate agent said that revenue rose 20 …
Retirement Planning
Rentokil shares plunge as group issues profit warning
Rentokil shares have plunged in early trading this morning after the firm issued a profit warning for the year. The pest-control firm said it would take a £80m hit to its …
Howard de Walden: Loss more than doubles at London property empire
The London property empire which includes Marylebone Village and Harley Street saw its pre-tax loss more than doubled during its latest financial year. Howard de Walden Estates Holdings, which also …
Boohoo makes major US change in bid to broaden appeal
Boohoo has announced significant changes to its operations in the US market as it looks to broaden its product offering across the Atlantic. The Manchester-headquartered group will stop supplying US …
Trustpilot shares jump on earnings beat and £20m buyback
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 …
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 …