Underwear brand Lounge hiked its dividend to more than £10m as its focus on international expansion helped drive up sales. The Solihull-headquartered company paid a dividend of £10.65m in the …
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Tesco hits Swedish truck manufacturer Scania with legal action
British retail giant Tesco has launched a claim against Swedish commercial vehicle manufacturer Scania over alleged monetary losses suffered in the UK. Tesco Store and Tesco Distribution has filed a …
27 clubs petition Culture Secretary Lucy Frazer to protect FA Cup replays
Dozens of angry lower-league football club bosses have written to Culture Secretary Lucy Frazer to demand the government protect FA Cup replays in the Football Governance Bill. This year’s giant-killers …
Post Office appoints former Camelot boss as interim chair
The ex-CEO of former National Lottery operator Camelot has been appointed as the Post Office’s interim chairman, following the bitter departure of predecessor, Henry Staunton. Nigel Railton, who spent 24 …
Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed
Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud …
Concurrent Technologies shares jump after defence manufacturer sees higher UK demand
Shares in computer product manufacturer Concurrent Technologies jumped over five per cent this morning after it posted strong trading for the full year 2023. Concurrent, whose products are used in the …
UK manufacturing slips back into contraction amid Red Sea disruption fears
New figures confirmed that the manufacturing sector slipped back into contraction in April as the sector suffered from uncertain demand and disruption in the Red Sea. S&P’s purchasing managers’ index …
Haleon posts healthy first quarter update after UK job cuts
Revenue at Haleon was up in the first quarter despite its announcement yesterday that it would cut over 400 jobs in the UK, as the consumer healthcare firm posted an …
Trinity Exploration and Touchstone Exploration set to merge in all-share deal
Trinity Exploration and Touchstone Exploration are set to merge after the two companies reached an agreement on the terms of a deal. In joint statements issued this morning, Touchstone said it …
Silverwood Brands issues ‘bumpy ride’ warning as Lush exit completes
Silverwood Brands has warned its financial figures will reveal it experienced a “bumpy ride” during 2023 as it completed its exit from Lush. The London-headquartered company added that while its …