Wall Street analysts have pencilled in strong gains for equity markets in 2025, following a robust performance in 2024. However, while analysts are optimistic about the outlook for the market as a whole, there are some assets Wall Street believes will underperform in the year ahead. Here are the four assets analysts are advising investors [...]
Highlighting a year of growth, we take a look at some of the biggest and most recent achievements of the rapidly-growing alcohol-free beer brand, Days Brewing. Two friends, one pandemic and a few cold (alcohol-free) beers later – a long-lasting business was created. In 2020, former AB InBev man Mike Gammell and ex-Propercorn marketing chief [...]
Equity analysts have predicted that the FTSE 100 will have a record year in 2025, helped by lower interest rates and higher oil prices. According to data compiled by Bloomberg, Wall Street analysts believe the UK’s flagship blue-chip index will jump 15 per cent in 2025, its best year since 2009. In 2024, the index [...]
Profit at Bad Wolf, the production company behind the likes of Doctor Who, has surged to a new record, it has been revealed. The Wales-based business has reported a pre-tax profit of £10.5m for the year to 31 March, 2024, according to newly-filed accounts with Companies House. The new total is up from the £7m [...]
The owner of Utilita Energy has warned its profit will fall because of an “increasing obligation to support customers with higher bills”. Luxion Group, which owns the Eastleigh-based supplier, added that its resources “continue to be stretched” despite its pre-tax profit increasing from £31.2m to £43m in the year to 31 March, 2024. Utilita Energy [...]
A spike in visitor numbers failed to stop Cornwall tourist attraction Eden Project falling deeper into the red during its latest financial year. The site welcomed more than 604,000 visitors in the year to 31 March, 2024, up from the over 551,000 who went there in the prior 12 months. As a result, Eden Project’s [...]
Looking to start a business in the new year? Emma Jones, serial entrepreneur and founder of small business support platform Enterprise Nation, shares her top tips for start-up success in 2025. “The advice for all sectors of business is the same because routes to profitability and growth depend on maintaining a good business model, a [...]
Sales are car retailer Cinch dipped below £1bn after the company was hit by “rapidly falling” used vehicle prices. For the 12 months to 31 March, 2024, the Hampshire-based firm posted a revenue of £932.5m, down from the £1.01bn it achieved in the prior year. Newly-filed accounts with Companies House also show that its pre-tax [...]
The continued popularity of Les Miserables, Mamma Mia and Hamilton has helped push sales the West End theatre empire run by Sir Cameron Mackintosh to almost £200m. For the year to 31 March, 2024, Sir Cameron’s group has reported a turnover of £199.1m, up from the £185.8m it posted for the prior 12 months. Newly-filed [...]
The billionaire family behind Peel Ports raked in even more money despite profit at Britain’s second largest operator being slashed during its latest financial year. The Whittaker family shared a dividend pot of £153.9m with fellow shareholders in the Liverpool-headquartered group in the year to 31 March, 2024. The dividend is up from the £138.9m [...]
The maker of hit Netflix series Formula 1: Drive to Survive has fallen into the red despite its turnover accelerating by almost 180 per cent. Box to Box Films, which was founded by James Gay-Rees and Paul Martin and is headquartered in London, has reported a pre-ax loss of £4.4m for the year to 31 [...]
A slew of US banks have exited a climate coalition in the days leading up to Donald Trump’s presidential inauguration. Yesterday evening, Morgan Stanley became the latest US bank to depart from the Net Zero Banking Alliance, as pressure increasingly mounted on financial institutions from Republican lawmakers. Despite leaving the alliance, Morgan Stanley said in [...]
Simon Cowell has not repeated the huge £50m pay day he awarded himself after profit was slashed at his TV empire behind Britain’s Got Talent. Syco Holdings did not issue a dividend to the TV mogul in the year to 31 March, 2024, after its pre-tax profit was cut from £21.1m to £11.9m. Newly-filed accounts [...]
U.Today - Bitcoin, the first and largest cryptocurrency by market capitalization, has increased by nearly 473% since Jim Cramer, host of CNBC's "Mad Money," labeled it a "scam"...
By Luc Cohen NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty...