Hostelworld Group, a booking service for hostels around the world, has named its new chair and announced an earlier-than-planned repayment of a debt facility thanks to strong trading ahead of…
FTSE 100 giant Shell has today reported a 15 per cent jump in earnings before interest, tax, deprecation and amortisation (EBITDA) for the first quarter. In its trading update for…
Virgin Media O2 (VMO2) has said it experienced lower customer activity and a decline in handset revenue in the first quarter of 2024. The British telecoms company reported that its…
Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services. This week it’s Steven Levin, chief executive of wealth manager Quilter Ask most City bosses for a…
The nightlife hospitality chain Revolution Bars confirmed speculation today that it had held a meeting with competitor Nightcap regarding a possible sale. The chain, which is listed on the London…
Standard Chartered has sailed past estimates with a 25 per cent jump in profit on the back of interest rate hikes and a solid performance from its trading and wealth…
Slippery slopes are so named for a reason. One step might feel ok. A second, trouble-free. But suddenly momentum builds, and there’s no stopping you. The metaphor could not be…
The UK could face “sluggish” growth for the next two years as the impact of the Bank of England’s interest rate hikes continue to weigh on the economy, new forecasts…
Leading UK newspaper distributor Smiths News has reported a profit slump as demand for physical newspapers has continued to decline. In its interim results, published this morning, the company said…
The Co-operative Bank has said its multi-year transformation plan is “materially complete” as the lender progresses with an agreed £780m takeover by Coventry Building Society. Co-op Bank has spent the…