E-commerce giant Shein is set to target early next year for its £50bn float on the London Stock Exchange, subject to pending regulatory approvals. It is set to hold an …
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Go Outdoors: Brand owned by FTSE 100 giant JD Sports slumps to a loss
Go Outdoors, which is owned by FTSE 100 giant JD Sports, has slumped into the red thanks to a “disproportionate” rise in costs. The business, which also operates the Go …
JD Gyms in the red despite price rises boosting sales to £100m
Turnover at JD Gyms, which is part of the wider empire owned by FTSE 100 giant JD Sports, fell to a loss despite its sales passing £100m during its latest …
UK inflation set to jump above target in headache for Rachel Reeves
UK inflation is expected to have jumped above the Bank of England’s two per cent target in October, bolstering a cautious approach to cutting interest rates in the months ahead. …
Evri serves up record deliveries as online shopping soars
Evri said it delivered a record number of parcels in 2023/24 as demand for online shopping soared in the UK. Some 730m parcels were distributed to British households in the …
Boohoo completes fundraising as it struggles to return to growth
Boohoo has raised just under £40m in a bid to turn itself around amid its public fight with the boardroom demands of an activist shareholder, Mike Ashley’s Frasers. This morning, …
Non-doms: South Africa’s richest woman is fighting to stay in the UK
When it comes to leaving countries in a hurry, Magda Wierzycka has plenty of experience. At just 12 years old, the South African entrepreneur and her parents fled their native …
Let’s celebrate great British start-ups
Global Entrepreneurship Week is a chance to sing the praises of our start-ups and strengthen the foundations for them to succeed, says Timothy Barnes Today is the start of Global …
Fortress Twickenham breached: England in a dark, dark place
England’s 29-20 loss to South Africa was their fifth defeat on the bounce. Fortress Twickenham has been breached and Eddie Jones is up next for Steve Borthwick. If deep-pocketed disruptors …
Labour’s assault on the private sector will come back to haunt them
The weekend’s papers groaned under the weight of business leaders’ concerns and complaints about the Labour’s government’s recent Budget and wider policy agenda. “They don’t understand business” ran an FT …