Huge dividends from KFC and Pizza Hut helped their owner Yum! Brands more than triple its profit last year, it has been revealed. The group’s European division has posted a …
Investing
S&U shares jump as bank predicts profit ‘resurgence’
Shares in specialist lender S&U rallied as markets opened on Tuesday after the bank said its “resurgence in profitability” had begun to materialise. The London-listed firm’s stock was up over …
Derwent: Central London office rents firmly in recovery
Derwent London has said the fundamentals of the London office market continue to strengthen despite a “volatile” economic backdrop. London’s office market has been in recovery since the end of …
Alstom: Profit slashed at London Underground trains maker
Profit at Alstom, the train manufacturer which supplies the London Underground, has been slashed by almost £100m as its turnover fell significantly during its latest financial year. The Derby-headquartered business …
Advertisers have a new audience to sell to: AI models
For generations, advertisers have obsessed over how best to win the hearts and minds of consumers. But with people increasingly turning to their large language model of choice for product …
Warrington Wolves CEO: We will not be feeder club for NRL
A few months ago the Halliwell Jones Stadium in Warrington was renamed the Luke Littler Stadium after the eponymous darts sensation – and fan of rugby league’s Wolves – had …
Entain cashes in as BetMGM partnership pays off
Gambling giant Entain has posted first-half year results ahead of expectations, driven by a strong recovery in its online division and an accelerating performance from its US joint venture, BetMGM. …
EG Group: Billionaire Issa brothers sell £367m Italian arm
EG Group, the empire co-founded by a major investor in supermarket giant Asda, has sold its Italian division in a deal which values it at €425m (£367m). The Blackburn-headquartered group …
Bellway: Issues with government planning reforms cause delays
Housebuilder Bellway has said local councils have found it difficult to adapt to the government’s changes to the UK planning system, causing delays in the building process. The government recently …
Why business confidence is all over the place
Kemi Badenoch looked aghast but Keir Starmer was defiant. Business confidence was at a nine-year high, the prime minister declared in the House of Commons in mid-July. The Conservative Party leader …