Key Takeaways The IRS announced cost-of-living adjustments for retirement plans and Individual retirement accounts (IRAs) …
Easyjet has reaffirmed full-year profit guidance after quarterly losses more than halved and booking momentum continued to build ahead of the busier easter and summer months. The budget airline expects to report a headline pre-tax profit of £709m in 2025, up from a prior year haul of £610m and in line with consensus. It said [...]
Quilter saw a sharp increase in the amount of cash flowing into its coffers over the last year, as the wealth manager reported its assets under management shot up to £119.4bn. In a trading update, the FTSE 250 firm reported £1.8bn in new business over the last quarter, bringing its take-in for 2024 as a [...]
Wetherspoons chairman Tim Martin has once again called on the government and Keir Starmer to reduce the tax gap between supermarkets and pubs in his company’s latest trading update. Martin said following the government’s decision to hike the national minimum wage, business rates and employers’ national insurance, costs at Wetherspoon will increase by around £60m [...]
Britain’s wine industry has called for Eurostar to restart services from two Kent stations to boost the South East of England’s vineyards. The high-speed operator suspended operations from Ashford International and Ebbsfleet in the early stages of the pandemic. But it has faced mounting pressure to bring back the popular routes over the last year [...]
Following covid pandemic, an influx of business interruption cases put insurance lawyers into the spotlight. Now these cases are facing the stage of the law.
This year, perhaps more than ever, the global gathering at Davos offers something of a safe space for those still reeling from the 47th President’s inauguration, his speech and subsequent flurry of Executive Orders. Sessions scheduled at this year’s World Economic Forum include Investing in Diversity, Safeguarding Nature, The Road to COP30, Equity Beyond Identity [...]
A rush of pubgoers in the last two weeks of December brought much-needed growth across the industry in a “big relief” for businesses. Pub sales were up 4.7 per cent ahead of December 2023, while bars bounced back from soft trading throughout most of 2024 to post growth of 1.3 per cent, according to the [...]
The UK’s tax authority is “degrading its own services as a matter of policy” and damaging the public’s confidence, a report by MPs into HMRC has warned. Growing concerns have been raised about HM Revenue & Customs (HMRC) delivering poor customer service, which MPs claim is intentional, failing to pursue debts and reducing its prosecutions. [...]
Mike Ashley’s Frasers Group is set to open a new front in its war of words with Boohoo this evening, accusing the fast fashion firm of allegedly paying its founder’s son £2m-a-year but failing to tell shareholders, City AM has learned. In the latest attack of a long-running spat between the two companies, Frasers is [...]
Insurance intermediary group, PIP, along with its subsidiary Acquinex has launched legal proceedings to the High Court against rival Howden and several individuals
The Hot Property team love nothing more than a London conversion that takes the awkward spaces of a period flat and turns them into something modern and fun. This conversion of a first floor Victorian terrace located within the Cobourg Conservation Area next to Burgess Park in Southwark, manages to accentuate the period details of [...]
Netflix is to increase its prices in several countries after reportedly gaining nearly 19 million subscribers during its last quarter. The streaming giant confirmed price hikes in the US, Canada, Argentina and Portugal. On whether price rises could soon be made in the UK, a Netflix spokesperson said there is “nothing to share as of [...]
President Donald Trump said he was open to the idea of X-owner Elon Musk buying TikTok as well, as the app navigates attempts to ban it in the US. The social media platform with links to the Chinese government, which boasts over 170m American users, briefly went dark on Sunday after the Supreme Court upheld [...]
Across the European continent, a surge of mergers and acquisitions among asset managers has begun. Yesterday, Italian and French giants Generali and Natixis agreed to a €1.9 trillion (£1.61 trillion) merger to create the second largest asset manager in Europe. Meanwhile, BNP Paribas recently bought out AXA’s investment arm, and rumours continue to swirl about [...]