Shares in FTSE 100 giant Rolls-Royce have hit yet another all-time high, giving the company a £90bn valuation for the first time in its history. Shares in the Derby-headquartered group …
Investing
On this day: Gibraltar is captured by the British
On this day in 1704, Gibraltar was surrendered to the Anglo-Dutch fleet. 321 years later, Eliot Wilson looks at what that means today As historical conflicts go, the War of …
Auction Technology Group shares tumble after debt-fuelled acquisition of Chairish
Shares in Auction Technology Group tumbled on Monday after the firm added to its debt pile with the acquisition of furniture marketplace Chairish in a $85m (£64m) deal. The London-listed …
Morrisons cuts over 3,600 jobs as profit passes £2bn
Morrisons cut more than 3,600 jobs as it returned to profit for the first time since a private equity-backed takeover in 2021. The Bradford-headquartered supermarket giant has posted a pre-tax …
Labour’s Lord Kinnock: Slap VAT on private healthcare
Labour’s Lord Kinnock has called on the government to start charging VAT on private medical insurance in order to raise funds for the NHS. Speaking to the i Paper, the …
Hawes & Curtis: Profit continues to fall at Dragons’ Den star’s brand
Profit at Hawes & Curtis, the retailer owned by Dragons’ Den star Touker Suleyman, has shrunk for a second consecutive year despite rising sales. The London-headquartered fashion brand has posted …
Close Brothers shares rocket after motor finance win
Shares in Close Brothers rocketed as markets opened on Monday after the bank won its landmark motor finance case at the Supreme Court. Shares in the FTSE 250 lender surged …
McDonald’s cuts 2,000 UK jobs as profit almost doubles
Profit at the UK arm of McDonald’s almost doubled in 2024 as it cut more than 2,000 jobs, it has been revealed. The US fast food giant has posted a …
Papa John’s: UK losses continue as over 70 locations closed
The UK arm of Papa John’s continued to make significant losses in 2024 as it closed more than 70 locations. The division of the US pizza giant has reported a …
Bank of England to cut interest rates but faces dilemma on outlook
The Bank of England is unlikely to signal faster interest rate cuts at this Thursday’s meeting, leading economists have said, leaving the future of monetary policy in the balance. Monetary …