B&Q owner Kingfisher saw its profit plunge last year due to worse-than-expected trading at its French arm, Castorama For the full year, the DIY chain said adjusted profit before tax …
Retirement Planning
Water giant Pennon blames rain for poor pollution performance
Pennon Group has flagged a dip in operational performance due to heavy rain and a string of storms across the UK. A 50 per cent increase in annual rainfall in …
Virgin Wines ‘confident’ of hitting profit target after ‘positive’ half-year
Virgin Wines has said it is confident it will meet its profit target after reporting “positive” half-year results. The London-listed company posted a pre-tax profit of £1m for the six …
From star-gazing to navel-gazing: How astrology captured Gen Z
Gen Z has become starry-eyed, but their fixation with astrology isn’t as woo woo as you might think, writes Anna Moloney In Sri Lanka, the date on which the New …
How work from home could be denting London’s GDP
The new work-from-home era has inflated London’s GDP by over £8bn, as outdated measures of regional growth have warped official calculations. When adjusting for where people actually work from, rather …
Meet the fund managers: Investing in the American dream
In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Gary Robinson, fund manager of Baillie Gifford …
Natwest launches £5bn social housing project
Natwest has launched a new £5bn package of targeted lending and support for UK social housing. The bank said the new loans, which will be spread out over the next …
The Notebook: How bank spying powers are being snuck into government bills
Where the City’s brightest thinkers get a few things off their chest. Today, Silkie Carlo, director of Big Brother Watch, takes the Notebook pen to talk about how spying powers …
Building Blocks: the future is multichain
Every week Blockchain Sensei will be walking you through the basics of blockchain technology. Consider this your crash course in all things web3! In the rapidly changing world of blockchain, the future …
Elise Soucie‘s monthly column will cover policy and consultation updates from around the world, as well as the latest digital innovations in institutional markets. The surge of institutional interest in …