Dr Martens reported a recovery in revenue driven by e-commerce sales in Asia and a turnaround in America. Overall group revenue rose by three per cent to £267m in constant currency, an adjustment of figures to align the number of reporting days in the current and prior reporting periods, in the third quarter of the [...]
Amid an exodus of the country’s millionaires and billionaires, the government is revisiting its reforms to the non-dom regime. But the recent changes floated by the Chancellor have been given short shrift by non-doms and their advisers. Ali Lyon explores what might actually stem the departures of the UK’s wealthy foreigners. In the clandestine and [...]
Reeves' failing Office for Value for Money showcases just how naive this government is, writes Eliot Wilson.
Legal & General is the most-held stock among all ISA millionaires using DIY investing service Hargreaves Lansdown, with fellow insurers Phoenix and Aviva joining the firm for the most popular shares. Funds run by Legal & General also make up half of the top funds invested in by the 1,322 ISA millionaires using Hargreaves Lansdown, [...]
The former Blue Plaque home of American author Herman Melville, where he wrote early drafts of Mody-Dick in the late 1840s, has gone on the market for £9m. The five-bedroom, four-storey townhouse on London’s Embankment housed Melville for two separate periods of the 1800s, and the nearby wharf served as inspiration – along with his [...]
Lloyds Banking Group has unveiled £200m plans to transform the headquarters of Scottish Widows to become the giant’s main base in Scotland. The Port Hamilton building on Morrison Street, Edinburgh, is to be designed in partnership with Drum Property Group. Lloyds Banking Group employs around 10,000 people in the Scottish capital. Located in the city’s [...]
The group of City grandees lobbying for reform of the UK’s capital markets has bolstered its team with two small-company-focused executives today, signalling a push from the body to address the crisis gripping the UK’s junior stock market AIM. The Capital Markets Industry Taskforce (CMIT), led by London Stock Exchange boss Julia Hoggett, said that [...]
The recent performance of Wizz Air’s share price suggests the company’s boss is set to miss out on a £100m bonus payout. The controversial bonus for CEO Jozsef Varadi was approved by shareholders in 2021. Under the terms of the agreement – the biggest bonus award in the history of the London Stock Exchange – [...]
Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
Ryanair has slashed its traffic forecasts as a result of ongoing delivery delays from the embattled US planemaker, Boeing. The budget airline said it no longer expects Boeing to deliver sufficient aircraft to meet a 2026 target of 210m passengers. “Boeing delays have forced us to revise our full-year traffic target to 206m, just three [...]
One of London’s largest independent pubs and dining groups is preparing for further expansion after reporting a jump in sales for its latest financial year. Urban Pubs & Bars (UPB) has announced that its turnover increased by 16 per cent to £60.5m in the 12 months to 28 April, 2024. The group added that the [...]
Fast-growing chains Wingstop and Popeyes have each announced major plans to expand further across the UK and create thousands of jobs. Popeyes has outlined proposals to almost double its footprint in the UK with the opening of more than 45 restaurants. The move will increase its presence in the likes of Birmingham, Leeds and Bristol [...]
Republican Pennsylvania House candidate Ryan Mackenzie is expected to defeat incumbent Democratic Rep. Susan Wild …
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