Gambling giant 888 says revenue down 10 per cent as new regulations hit hard October 18, 2023 Betting company 888 said its betting and gaming revenue dropped in the UK and Ireland even as average monthly users are on the up.
Premier Inn owner Whitbread launches another £300m share buyback as revenues soar October 18, 2023 Premier Inn owner Whitbread has announced plans to complete a new £300m share buy back scheme as it budget hotel business continues to rack in heft profits. The no frills hotel chain just completed an identical buy back at the start of October, but said it is in strong shape to launch a second consecutive [...]
National Gas boss warns businesses could be threatened if network scrapped October 18, 2023 The head of the UK's gas networks has urged the government not to scrap the country's pipelines in favour of electrification of the grid.
With annual reports in the hundreds of pages, who has time to run a business? October 18, 2023 Financial reports for City firms now run into the hundreds of pages, creating an undue burden for businesses just trying to do their job, writes Patrick Spencer.
Don’t stop the music, let Goldman Sachs chief DJ if he wants October 18, 2023 Goldman Sachs chief executive David Solomon will step down. No, not from his career at the top of the investment bank, but from what has been labelled his colourful side hustle – DJing. DJ-D Sol as he’s known on the circuit will only play privately for family and maybe friends after some of the stiff [...]
Tech companies boycott Web Summit after chief’s Israel conflict remarks October 17, 2023 A number of UK-based tech companies are boycotting the Web Summit conference in Lisbon after the chief executive called out Israel for committing war crimes.
Amigo plots 11th hour music and film streaming move October 17, 2023 Embattled UK subprime lender Amigo is exploring a shift into the music and film streaming market in a last ditch attempt to salvage value for shareholders.
Hundreds of UK jobs at risk as electric truck maker Volta files for bankruptcy October 17, 2023 One of the first electric HGV companies, Volta Trucks, has filed for bankruptcy following a struggle to secure batteries for its lorries.
Vodafone and Three hit back at union concerns deal will kill competition October 17, 2023 Vodafone and Three have hit back at a warning from trade union Unite that their telco tie-up will stifle competition, threaten national security and raise customer bills by up to £300 a year.
Those who lost jobs in Carillion deserve answers, GMB says, as execs avoid trial October 17, 2023 Questions circulate around why the Government had invested "substantial" amounts of money into a Carillion trial that was dropped last week.