The UK arm of online homeware retailer Wayfair has seen its profit dip despite cutting around 30 per cent of its workforce in a bid to save costs, newly-filed documents …
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UK car production falls amid EV switch
British car production fell during the first six months of the year as manufacturers retooled production lines to make electric vehicles (EVs). New figures from the Society of Motor Manufacturers …
How Lucy Charles-Barclay turned Olympic pain into triathlon superstardom
Lucy Charles-Barclay on how she fell into triathlon stardom and taking a step towards another world title at the London T100 this weekend. In a parallel universe, Lucy Charles-Barclay might …
FCA makes first crypto sting against Coinbase subsidiary
Crypto company CB Payments Limited (CBPL) has been slapped with a £3.5m fine after the Financial Conduct Authority made its first-ever crypto sting. Action against CBPL, which is part of …
Howdens: Knife edge profit gain for kitchen supplier
Profit at Howdens rose by just £400,000 as it grappled with “challenging” conditions in the UK’s kitchen and joinery markets. Pre-tax profit came in at £112.3m, in line with management …
De La Rue: Banknote maker hopeful takeover will end in ‘coming months’ amid sliding revenue
Banknote printer De La Rue has said it believes takeover talks will reach a “successful conclusion in the coming months”, as it reported a dent in full year revenue. The …
Andy Murray withdraws from Roland Garros singles at Olympic Games
Andy Murray’s farewell tour to tennis took a hit this morning with the Brit withdrawing from the Olympic Games singles. The two-time gold medal winner took the decision on the …
Yorkshire Building Society sees profit fall as rate tailwind eases
Profit fell at Yorkshire Building Society as margins in the mortgage market were compressed by the plateau in interest rates. In the first six months of the year, the building …
British American Tobacco: Lucky Strike maker holds guidance but vapes and tobacco sales disappoint
British American Tobacco (BAT) has maintained its full year guidance, but revenue and profit both declined. The tobacco and e-cigarette manufacturer reported that revenue fell by 8.2 per cent year …
Veterinary group CVS gears up for Australia expansion
Veterinary group CVS announced 10 per cent revenue growth but weaker sales amid soft demand and the effect of a cyber security attack, while it separately announced a shift in …