Gourmet Burger Kitchen has created almost 600 jobs as it returned to profit during its latest financial year. The restaurant chain increased its headcount from 1,652 to 2,235 in 2024, …
Investing
London must protect our fintech lead or be left behind
The UK is moving too slowly in emerging areas like stablecoins, purring London’s world-leading fintech sector at risk, says Janine Hirt London has long been a global leader in fintech, …
Profit spikes at Asda billionaire’s property empire
Profit at the property empire co-founded by a billionaire backer of supermarket giant Asda spiked to a new record in 2024, it has been revealed. Monte Blackburn was set up …
The Ritz: Luxury London hotel makes fifth consecutive loss
The Ritz hotel in London has made a loss for the fifth year in a row despite its turnover jumping in 2024, it has been revealed. The five-star hotel has …
Losses widen at Haven rival Parkdean amid ‘challenging backdrop’
Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed. The business, which is a direct …
Rolls-Royce: FTSE 100 giant now worth £100bn
FTSE 100 giant Rolls-Royce is now worth more than £100bn after its share price continued its remarkable rise. The Derby-headquartered group passed the milestone for the first time in its …
GSK shares rally as chief Emma Walmsley to exit after eight years
The chief executive of pharmaceutical giant GSK has announced plans to step down from the company at the end of the year. Emma Walmsley, who took the helm of the …
On this day: The Bill of Rights is set in motion
On this day in 1789, the Bill of Rights was sent to the states for ratification. With the right to free speech still hotly contested 300 years later, Eliot Wilson …
Rachel Reeves stops short of ruling out VAT hike
The Chancellor would not rule out fresh rises to VAT ahead of her speech to Labour Party Conference later today, when pressed on the issue by LBC’s Nick Ferrari this …
Could Andy Burnham actually unseat Keir Starmer?
Andy Burnham has made a bold threat to Keir Starmer, but could he actually unseat the Prime Minister? Eliot Wilson takes a look It is hard to think of a …