Breakdown recovery firm Green Flag saw its revenue leap last year as additional fees for customers helped to boost its bottom line, according to newly-published results. The Leeds-headquartered business, which …
Personal Finance
EP: 281 Royal Ascot – Saturday & Hong Kong
Saturday is the final day of this year’s Royal Ascot where the Queen Elizabeth II Jubilee Stakes is the Group 1 feature race. We also have the Hardwicke Stakes and Jersey …
Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse
Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier …
Rolls-Royce now worth over £40bn thanks to ‘Turbo Tufan’
Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever. The Derby-headquartered aerospace giant has seen its …
UK borrowing totalled £15bn last month as debt nears 100 per cent of GDP
The UK government borrowed £15bn last month, almost a billion pounds more than the previous year and the highest for May since the Covid-19 pandemic. In fresh figures from the …
Election 2024: Firms have ‘nothing to worry about’ on workers’ rights, Reeves says
Rachel Reeves has told businesses that they have “nothing to worry about” when it comes to Labour’s workers’ rights reforms. Speaking at The Times CEO Summit yesterday, the shadow Chancellor …
Robinsons squash maker Britvic rejects £3bn takeover bid from Carlsberg
Britvic, the company behind brands such as Robinsons squash, has rejected a second takeover offer from Carlsberg worth around £3bn. The Hemel Hempstead-headquartered company, which has an exclusive licence with …
M&C Saatchi drafts in former Reach and McColl’s veteran as new finance chief
Advertising giant M&C Saatchi has hired Simon Fuller as its new chief financial officer, the firm announced today. The company said Fuller has held the CFO position at publisher Reach …
Lord Alan Sugar invests in The Apprentice star’s business
Lord Alan Sugar has formally invested in the company run by the winner of the latest series of The Apprentice. Rachel Woolford triumphed over pie company chief Phil Turner in …
Consumer confidence rises again in June as economic outlook improves
Consumer confidence picked up again in June, a new survey shows, in a sign that the improving economic outlook is slowly feeding through into household budgets. GfK’s overall consumer confidence …