Housebuilder Crest Nicholson said it is likely to build 11 per cent fewer homes in financial year 2024 as macroeconomic challenges dampen hopes of improving market conditions. The British firm…
Bentley Motor Cars’ profit fell last year as a slowdown in the global economy impacted the luxury car market. The Cheshire-based firm, a subsidiary of Volkswagen, reported a 17 per…
Profit remained steady at Wickes in 2023 as the DIY firm announced the acquisition of solar installations company Solar Fast. Revenue in 2023 was unchanged on the year before, coming…
Sabre Insurance has posted a record premium income after the motor insurer reaped the benefit of price hikes while offsetting the impact of claims inflation. The firm reported a 31…
Sales at historic cider maker Thatchers increased despite the company facing “unprecedented economic challenges” during its latest financial year. The Somerset-based business, which was established in 1904, has reported a…
The Bank of England has faced a growing tide of criticism that it risks being too slow in cutting interest rates having failed to respond quickly enough when inflation started to…
DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance. The furniture giant has said…
The London talent agency that represents the likes of Simon Cowell, Graham Norton and Claudia Winkleman has been sold for £60m. YMU, whose clients also include Nicole Scherzinger, Stacey Solomon…
Unilever is separating its ice cream business in a bid to create a leaner business, the consumer goods giant said this morning. The firm’s near-$8bn turnover ice cream division includes…
Drinks maker Diageo has brought in a former senior civil servant and BP executive as its new chair. The business leader will take over from Javier Ferrán when he retires…