Sales at the UK arm of LG Electronics have been slashed by almost £100m after it lost market share and Samsung stepped up its competition. The Surrey-headquartered division has reported…
Consumer goods giant Ultimate Products, which owns Britain’s oldest homeware brand Salter and sells certain Russell Hobbs items under license, has seen its profit dip amid soaring shipping costs and…
The Premier League will partner with Genius Sports Limited to produce AI-powered semi-automatic VAR for the 2024/25 season, it was announced this morning. VAR faced serious backlash last season with…
Secure Trust Bank has raised its cost-cutting target, while a review by City regulator affecting its vehicle finance arm weighed on the firm’s earnings in the first half of 2024.…
Spirits firm Distil has reported a steep drop in revenue in light of inflation, cost-of-living pressures and a significant hike in alcohol duty. The AIM-listed firm, which owns brands including…
Carpetright owed almost £350m when it collapsed into administration with the loss of more than 1,500 jobs before being rescued, it has been revealed. The Essex-headquartered carpet and tiling retailer…
Swiss banking titan UBS has reported a profit well ahead of analysts’ forecasts for the three months to June as it steps up its integration of fallen rival Credit Suisse.…
Insurance giant Aviva has reported a increase in operating profit and hiked its dividend amid a jump in insurance premiums for the first half of its 2024 financial year. The…
Phoenix Suns NBA player and Team USA gold medallist at Paris 2024 Kevin Durant has invested in Ligue 1 football club Paris Saint-Germain (PSG). The 35-year-old – formerly of Seattle…
Flutter Entertainment, the gaming giant behind Paddy Power and Betfair, has upped its guidance amid booming demand from its US audience. The Dublin-headquartered firm, which is listed in New York…