Vitality: ‘Why your health and life insurance premium won’t go down’ insurance In this episode of Boardroom Uncovered, Neville Koopowitz, the chief executive of health and life insurance giant Vitality.
Virgin Wines: ‘A decent Christmas was needed and delivered’ Retail Virgin Wines delivered a strong Christmas trading performance and outperformed the wider market, although revenue remained flat year on year. Revenue increased by 6.7 per cent year-on year during the six weeks to 27 December, 2024, the company told markets this morning. Sales rose nine per cent in December 2024 versus December 2023, reaching the highest level since the Covid-19 lockdowns, [...]
Naked Wines CEO: How to choose the right bottle of wine Retail Meet the chief executive "fighting" to turn around Naked Wines, which enjoyed huge success during the pandemic but has been struggling since.
A night at the museum: The amazing Palazzo Previtera, Sicily December 9, 2024 Palazzo Previtera is a Sicilian guesthouse like no other. Steve Dinneen checks in for a stay at this “living museum” in the foothills of Mt Etna ••• I was sitting on my private terrace, glass of local Mt Etna Mascalese red in hand, when the air raid siren went off, its terrible drone bouncing off [...]
My Top Christmas Wines December 3, 2024 As much as I love the tradition of turkey and think pigs-in-blankets are delicious, unsurprisingly the wine is the star attraction at my house, and I put a whole lot of thought and care into what I serve my guests. Nothing kicks off a celebration better than a glass of something sparkling and I will [...]
30th anniversary of VCTs celebrated as 2024 raise approaches £240m December 1, 2024 The total amount of money raised through venture capital trusts (VCTs) this tax year is approaching £240m, 20 per cent higher than last year, as the investment industry celebrates the vehicle’s 30th birthday. The VCT was unveiled in the 1994 Budget, where Chancellor Ken Clarke launched the scheme, and have since raised £12.5bn, funnelling money [...]
What to wash your Halloween haul down with October 29, 2024 Never has there been a festival so associated with sweet treats as Halloween and now is the time to stock up for trick-or-treaters. Whether clearing the leftovers or raiding your child’s haul there is a way to make the experience even better with a glass of the good stuff. Chocolate I tend to go with [...]
Virgin Wines: Revenue flat as it looks to weather bottleneck in market October 22, 2024 Online wine seller Virgin Wines has reported flat year-on-year revenue as it searches for ways to acquire loyal customers and increase efficiency in a tough trading environment. Total revenue remained at £59m in the year ended 28 June, while profit before tax increased by £2.4m to £1.7m, from a loss of £0.7m in 2023. Adjusted [...]
UK investors rush to venture capital trusts ahead of Budget October 22, 2024 Two venture capital trusts (VCTs) have raised £90m in just 45 days as investors rush into the vehicles ahead of a potential hike in capital gains tax at the Budget. Capital gains tax currently sits at 20 per cent but rumours are spreading that the levy could be lifted by Rachel Reeves’s at her first [...]
Virgin Wines returns to black as subscription sign ups soar July 25, 2024 Virgin Wines has returned to profitability despite a "challenging" backdrop, with its wine subscription service helping to offset its increased running costs.