KitKat maker Nestle has revealed plans to slash costs by at least another 2.5bn Swiss francs (£2.2bn) and spin off its premium water and drink business as part of a …
Investing
‘You made me enjoy the game more’: Emotional Federer’s tribute to Nadal
Roger Federer has penned an emotional tribute to Rafael Nadal as his long-time rival prepares to play his last ever professional matches at the Davis Cup. Nadal will bring down …
Lunchtime City tourism: Cannon Street’s London Stone
You wouldn’t know it, but London’s heart beats from a small alcove just opposite Cannon Street station. The city’s heart is made of limestone, wrenched from Rutland and its beats are …
Minecraft theme park to open in the UK
Merlin Entertainments, the giant that operates the likes of Alton Towers, has revealed plans to open a Minecraft theme park in the UK. The London-listed group is to invest more …
Informa: FTSE 100 events giant boosted by India and Middle East expansion
Events and digital services giant Informa said it was on track to hit full-year guidance, with growth driven by its position in India and the Middle East. The FTSE 100 …
Are job cuts on the horizon at struggling luxury giant Mulberry?
Struggling luxury brand Mulberry has announced it will streamline and rebuild the business as its profit continues to fall, signalling possible job cuts. Mulberry told markets this morning that UK …
Diploma: FTSE 100 distribution group hikes dividend after deal spree
Distribution group Diploma has hiked full-year dividends after profit jumped by a fifth following a number of acquisitions. The FTSE 100 firm reported an adjusted operating profit of £285m, up …
Imperial Brands’ bet on e-cigarettes and ‘next generation’ products bears fruit
Tobacco giant Imperial Brands has reported a dip in revenue despite double-digit growth in its electronic cigarettes division and growth in its traditional tobacco division. The company told markets this …
Revolution Beauty struggles with excess stock as turnaround on horizon
Revolution Beauty reported another drop in revenue after a tricky few years, although it is eyeing 2025 for a resurgence with its ‘core’ groups of brands. Group revenue fell 20 …
ECB chair Thompson: I’ve found myself in an extraordinary moment for cricket
Richard Thompson is counting the days until his term as chair of the England and Wales Cricket Board ends. Not because he can’t wait to leave the Lord’s hotseat, but …