The business behind Cohens Chemist almost doubled its losses this year, with product shortages and inflation continuing to put pressure on the group. Parent company Gorgehead, which owns more than …
Estate Planning
Bicester Village: Shoppers eyeing bargains on luxury help sales and profits surge
Shoppers seeking a bargain on luxury helped the company behind Bicester Village, which was founded by the family that owns the Empire State Building in New York, increase its sales …
Royal Mail owner IDS fails to post full year results on time as takeover bid looms
Royal Mail’s parent company International Distribution Services (IDS) has failed to deliver its full year trading update on time, scheduled for 7:00AM on Thursday morning, as a possible takeover hangs …
Qinetiq share price soars as global defence spending rises
Defence contractor Qinetiq has hiked its dividend as a surge in defence spending lifted full-year profit to £215.2m. The Farnborough-based group’s full-year dividend came in at 8.25p, up from 7.7p …
Nationwide CEO: No plans for more big acquisitions after £2.9bn Virgin Money deal
The chief executive of Nationwide has said the lender is not currently considering any more big-ticket acquisitions, with Britain’s largest building society already busy enough finalising its £2.9bn takeover of …
HSBC fined £6.2m for unfairly treating customers in financial difficulty
HSBC has been slapped with a £6.2m fine by the UK financial regulator over failures in its treatment of customers who were in arrears or experiencing financial difficulty. The Financial …
The Garfield Movie is a cinematic trip to the litter box
While Garfield may not have the same clout as other animated characters, his enduring popularity makes the existence of this new big screen adventure somewhat understandable. Jim Davis’ comic strip …
News Corp: The Times and Sun publisher pens ‘beautiful friendship’ deal with OpenAI worth £200m
The Times and The Sun publisher News Corp has inked a multi-year deal with artificial intelligence developer OpenAI, making it the latest publisher to allow the tech company to use …
Tate and Lyle reaches sale agreement of American subsidiary
Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle. The firm said after …
Nigel Farage won’t stand at the 2024 General Election, opting for US campaigning instead
Former UKIP and Brexit party leader Nigel Farage has ruled himself out of running at the 2024 election. The politician wrote on X he had “thought long and hard” about …