Financial Planning

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 …