Taxpayers might be on the hook for a £95bn bill as the Bank of England unwinds its programme of bond buying, new forecasts suggest. The latest estimate, released today by the …
Investing
Uber reports better-than-expected results as food delivery drives growth
Uber reported stronger-than-expected second quarter results on expansion in its core business and increased orders for food and trips via membership subscribers. Adjusted earnings before interest, tax, depreciation and amortisation …
Rising costs force owner of Blackpool’s piers into the red
The company the owns Blackpool’s three iconic piers fell into the red during its latest financial year, it has been revealed. The Blackpool Pier Company, which owns the South, Central …
AI taskforce is needed to reform health and social care in the UK, says tech founder
The UK needs an AI taskforce to improve innovation in health and social care to avoid being left behind, the founder of digital-first social care provider Cera has warned. Ben …
Sales rocket to almost £100m at Mondelēz-owned Grenade
Sales at Grenade, the sports nutrition company owned by Mondelēz International, jumped towards £100m during its latest financial year, it has been revealed. The company has posted a turnover of …
Spectrum Brands: Profit slashed at Russell Hobbs, George Foreman and Remington owner despite sales surge
Profit at the UK arm of the group behind Russell Hobbs, George Foreman and Remington was slashed during its latest financial year despite its sales surging by almost £80m. Spectrum …
DWF turnover increased by double-digits in first results since going private
The first legal service firm to list on London Stock Exchange, DWF, has reported that its net revenue increase by 14 per cent over the last year, 10 months on …
Rightmove shares slump after firm ends contract with Openrent after terms dispute
Rightmove shares have slumped after the company announced that its contract with online letting agent Openrent would soon end after both parties failed to agree on the conditions of the …
Seasalt set for American adventure after profit spike
Fashion brand Seasalt has set its sights on cracking the US as it prepares to open 20 stores across the Atlantic over the next three years. The Cornwall-headquartered business, which …
Keller: Engineer and HS2 contractor’s shares surge on record profit thanks to ‘Bidenomics’
Shares in engineer Keller shot up by over nine per cent at market open on Tuesday, after firm’s profit more than doubled in the first half of the year. Profit …