Melrose Industries said it is on track to hit looming profit targets despite the industry-wide supply chain challenges plaguing the aerospace sector. The Birmingham-based manufacturer said this morning it expects …
Investing
Shein targets 2025 for London float
E-commerce giant Shein is set to target early next year for its £50bn float on the London Stock Exchange, subject to pending regulatory approvals. It is set to hold an …
Go Outdoors: Brand owned by FTSE 100 giant JD Sports slumps to a loss
Go Outdoors, which is owned by FTSE 100 giant JD Sports, has slumped into the red thanks to a “disproportionate” rise in costs. The business, which also operates the Go …
JD Gyms in the red despite price rises boosting sales to £100m
Turnover at JD Gyms, which is part of the wider empire owned by FTSE 100 giant JD Sports, fell to a loss despite its sales passing £100m during its latest …
UK inflation set to jump above target in headache for Rachel Reeves
UK inflation is expected to have jumped above the Bank of England’s two per cent target in October, bolstering a cautious approach to cutting interest rates in the months ahead. …
Evri serves up record deliveries as online shopping soars
Evri said it delivered a record number of parcels in 2023/24 as demand for online shopping soared in the UK. Some 730m parcels were distributed to British households in the …
Boohoo completes fundraising as it struggles to return to growth
Boohoo has raised just under £40m in a bid to turn itself around amid its public fight with the boardroom demands of an activist shareholder, Mike Ashley’s Frasers. This morning, …
Non-doms: South Africa’s richest woman is fighting to stay in the UK
When it comes to leaving countries in a hurry, Magda Wierzycka has plenty of experience. At just 12 years old, the South African entrepreneur and her parents fled their native …
Let’s celebrate great British start-ups
Global Entrepreneurship Week is a chance to sing the praises of our start-ups and strengthen the foundations for them to succeed, says Timothy Barnes Today is the start of Global …
Fortress Twickenham breached: England in a dark, dark place
England’s 29-20 loss to South Africa was their fifth defeat on the bounce. Fortress Twickenham has been breached and Eddie Jones is up next for Steve Borthwick. If deep-pocketed disruptors …