-- Bitcoin fell on Wednesday, extending overnight losses and wiping out a recent rebound as heightened concerns over slower interest rate cuts in 2025 sparked deep...
Hornby, the international toy company advised by billionaire Frasers Group founder Mike Ashley, reported a boost in sales thanks to a bumper festive season and first-time customer attraction. The international models and collectables group told markets today it witnessed a seven per cent surge in group sales for the third quarter ended 31 December. Group sales for [...]
Topps Tiles reported a return to sales growth during the golden quarter driven by trade demand, while its chief executive Rob Parker announced his retirement from the firm after five years at the helm. Sales in the golden quarter were up 4.6 per cent year on year, while sales in the shorter festive period – [...]
Flutter, the gambling giant owner of Paddy Power, has downgraded its revenue estimates for 2024 by $390m (£312m) after a period of “very unfavourable US sports results”. In a stock exchange notice, the Fanduel owner reported that November and December had seen a surge in unfavourable results for the bookie, especially in American football parlay [...]
New year, new Keir? Jessica Frank-Keyes looks at the pitfalls, rivals and online trolls threatening to ruin the PM’s 2025 For politicians, the dawn of a New Year can represent the opportunity for a fresh start, while avoiding that dreaded Westminster word ‘reset’. But for Keir Starmer in particular, looking ahead to the next 12 [...]
Keir Starmer’s government must do more to support the City of London after a bruising year in which fresh IPOs have fallen off a cliff and scores of firms have been picked off by private buyers, a survey of voters has suggested. According to the first of a new monthly City AM/Freshwater Strategy poll, more [...]
Will Mark Zuckerberg’s drastic policy changes tempt me back to Facebook? Nope. I quit the platform in 2010, after a friend request from an uncle made me realise it was no longer just a safe space for sharing morning-after-the-night-before photos and gags with university pals. Having left the party 15 years ago, it’s been interesting [...]
Low-cost airline Ryanair has issued legal action against "disruptive passengers" in a move to clamp down on misconduct on its flights
Google Cloud has appointed a former Microsoft corporate vice president and 25-year Accenture veteran as vice president for the United Kingdom, Ireland (UKI) and Sub-Saharan Africa, as the tech giant looks to bolster its presence. The tech behemoth shared the news on Tuesday, with Maureen Costello taking charge of sales strategy and operations across the [...]
Indefinite industrial action is to be taken by thousands of civil servants working at the Land Registry in a dispute over office attendance. Around 4,000 members of the Public and Commercial Services Union (PCS) based in 14 offices across England and Wales will take part in the action from 21 January. The union said its [...]
Piers Morgan has quit Rupert Murdoch’s empire to focus on his YouTube channel, ‘Piers Morgan Uncensored’, in a four-year revenue sharing agreement with News UK. The deal will allow News UK to receive a portion of the advertising revenue until 2029, according to Sky News’ Mark Kleinman, reported on Tuesday. His production company, Wake Up [...]
The co-chair of Meta’s oversight board has said there are “huge problems” with some of the changes Mark Zuckerberg has announced to the social media platforms’ content moderation, adding that members of the board are “not on board” with many of the reforms. Helle Thorning-Schmidt, who, as well as her role with Meta’s independent oversight [...]
To revitalise the high street, the government needs to stop thinking as ecommerce as the enemy, writes Jordan Sullivan.
Iconic bicycle maker Raleigh slumped to a loss of more than £30m despite arresting a prolonged drop in sales, it has been revealed. The Nottinghamshire-headquartered company, which was once the largest bicycle maker in the world, has announced a pre-tax loss of £30.1m for 2023 after having also lost £6.8m in 2022. However, newly-filed accounts [...]
Johnson Matthey has entered the public spat brewing over an activist campaign from its largest investor, attempting to reassure markets it has been taking concerns over its share price seriously. In a withering letter yesterday, US industrials investor Standard Investments slammed the chemicals group’s board for a “continued lack of urgency and incapacity” over its [...]