National Express owner Mobico’s shares tumbled this morning after it lowered its annual profit forecast amid ongoing audit issues affecting its German rail business. The transport group said it expected …
Personal Finance
How I made a living by playing with toys – and thinking outside the box
Jennifer Sieg speaks with Amanda Gummer, the former child psychologist and British entrepreneur who found out how to make a living by playing with toys. Now, she tells Ambition A.M. …
Wise poaches Delivery Hero finance chief as customers swell and competition intensifies
Money transfer firm Wise has appointed Delivery Hero’s chief financial officer Emmanuel Thomassin as its new CFO as the fintech company has experienced a surge in customer numbers and rising …
For sale: Mansion where Jacob Rees-Mogg grew up hits the market
The mansion where Jacob Rees-Mogg grew up has been put up for sale for the third time in almost four years. The Ston Easton Park Estate includes a Grade I-listed …
Oaknorth posts jump in profit as challenger bank targets US expansion and mulls public listing
Challenger bank Oaknorth has posted a jump in annual profit on the back of higher lending and an expansion into the US as it looks forward to a potential IPO. …
B&Q owner Kingfisher lowers outlook as struggling French arm drags down profit
B&Q owner Kingfisher saw its profit plunge last year due to worse-than-expected trading at its French arm, Castorama For the full year, the DIY chain said adjusted profit before tax …
Water giant Pennon blames rain for poor pollution performance
Pennon Group has flagged a dip in operational performance due to heavy rain and a string of storms across the UK. A 50 per cent increase in annual rainfall in …
Virgin Wines ‘confident’ of hitting profit target after ‘positive’ half-year
Virgin Wines has said it is confident it will meet its profit target after reporting “positive” half-year results. The London-listed company posted a pre-tax profit of £1m for the six …
From star-gazing to navel-gazing: How astrology captured Gen Z
Gen Z has become starry-eyed, but their fixation with astrology isn’t as woo woo as you might think, writes Anna Moloney In Sri Lanka, the date on which the New …
How work from home could be denting London’s GDP
The new work-from-home era has inflated London’s GDP by over £8bn, as outdated measures of regional growth have warped official calculations. When adjusting for where people actually work from, rather …