Moneysupermarket’s parent company’s operating profit surged eight per cent to £73m over the last six months, as the company’s expansion into insurance paid off for the price comparison website. The …
Investing
Ryanair: Michael O’Leary says summer fares will be ‘materially lower’ as profit falls
Ryanair has reported a sharp dip in quarterly profit despite strong demand for travel, as average flight fares decreased substantially. Profit after tax fell 46 per cent year-on-year, from €663m …
Hammerson: Shopping centre giant sells £1.5bn stake in Bicester Village
British shopping centre giant Hammerson has sold its interest in the company behind Bicester Village in a deal worth £1.5bn, according to a statement released today. The London-listed property firm said it …
Beeks: Cloud firm ‘delighted’ with ‘record’ financial results
Financial cloud computing firm Beeks hailed its delivery of another year of double-digit growth thanks to its “strong” performance across its private and exchange cloud divisions. The AIM-listed firm, which …
Ocado partners with US grocery giant Kroger on robotic arm rollout
Ocado has ramped up its partnership with US grocery giant Kroger to bring in a wave of automated technologies across Kroger’s warehouses. Kroger has placed an order to install Ocado’s …
Brand Architekts: Skinny Tan owner inks new deals with Holland & Barrett and Boots
Brand Architekts, the beauty specialist behind British brands including Skinny Tan and Super Facialist has signed new deals with big name retailers including Asda, Holland & Barrett and Boots to …
Vodafone offloads further Vantage Towers stake for £1.1bn
Vodafone has offloaded a 10 per cent stake in Vantage Towers for €1.3 (£1.1bn) as it continues a sell off of assets to reduce its debt. The FTSE 100 firm sold …
HSBC helps push UK dividends to record high in the second quarter
UK dividends hit a record £36.7bn in the second quarter of 2024, rising 11.2 per cent compared to last year. Special dividends helped the total to a record. The largest …
WazirX, Li.Fi hacks show continuing hacker threat for crypto
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Li.fi protocol, …
Is America’s ‘woke backlash’ a warning?
With Microsoft scrapping a DEI team and Elon Musk moving to Texas, is the tide turning on the ‘woke’ agenda – and should businesses pay attention? Asks Eliot Wilson When …