The founder of one of the UK’s most active land promoters has further increased his stake in property developer Henry Boot. David Gladman, who is estimated to be worth more …
Personal Finance
Santander UK profit slides amid mortgage price war and rate cut expectations
Santander UK has reported a 29 per cent slump in profit as the boost from higher interest rates fades and a fiercely competitive mortgage market forces it to offer better …
Coca-Cola HBC hit by exchange rate headwinds despite sales growth
Coca-Cola HBC, bottling giant behind Coca Cola and other major soft drinks, has announced 12 per cent sales revenue growth despite exchange rate headwinds. The bottling giant however said revenue …
Growth markets India and Thailand help Prudential keep up the momentum
Life and health insurance group Prudential has made a good start to the year as new business grew 11 per cent in the first quarter. According to a trading update …
Morrisons tackles debt pile with £2.5bn petrol forecourts sale
Morrisons has closed a £2.5bn deal to sell its 347 petrol stations to Motor Fuel Group (MFG). Both Morrisons and MFG are owned by Clayton Dubilier & Rice (CD&R), the …
Challenging macro backdrop weighs on kitchen giant Howden’s first quarter numbers
Trade kitchen company Howden’s has reported UK frevenue up 5.4 per cent year on year in the first quarter of 2024 and revenue from international depots up 4.6 per cent. However, due …
Mowgli Street Food: Record sales at Nisha Katona’s fast-expanding restaurant chain
Mowgli Street Food, the restaurant chain run by celebrity chef Nisha Katona, entered the red despite posting record sales during its latest financial year. The Liverpool-headquartered eatery has reported a turnover …
Royal Mail continues drive to scrap Saturday post after union bends
Royal Mail has continued its push to ditch Saturday deliveries, piling pressure on Ofcom after unions suggested they were open to the idea last week. International Distributions Services (IDS), the …
Sadiq Khan threatens to use compulsory purchase powers to force ‘Tory town halls’ to build more homes
Sadiq Khan has accused “Tory town halls” of blocking new homes from being built in London and pledged to crackdown on housebuilding if re-elected. The Labour candidate, who is campaigning …
Champions League is an older man’s game and that suits likes of Ancelotti and Tuchel
The further you go in the Champions League knockout stages, the more it resembles a coaching reunion – such is the premium placed on experience and success in this competition, …