Revenue doubles for health insurance provider Personal as Brits look for NHS alternative September 24, 2024 Personal Group, a London-listed workforce benefits and health insurance provider, has delivered double digit revenue growth across all areas, as the business credits its strategy
Bubble tea seller Gong Cha falls into the red after Lunar New Year change September 24, 2024 Bubble tea seller Gong Cha fell into the red as its sales in Korea, the US and Australia all took a hit during its latest financial year. The London-headquartered business has reported a pre-tax loss of $12.4m (£9.2m) for 2023, according to newly-filed documents with Companies House. The loss comes after Gong Cha posted a [...]
Moving out of the city? It might come with a penalty if you’re a woman September 24, 2024 We all know about the gender pay gap, but what about the urban-rural one? Dr Sabine D'Costa tells us about her latest research in today's Notebook.
Billionaire Dunelm founder’s son sells millions of shares in FTSE 250 homewares giant September 24, 2024 The son of the billionaire founder of Dunelm has sold millions of shares in the homewares retailer after the FTSE 250 company reported a rise in its sales and profit for its latest financial year. Sir Will Adderley, the son of Sir Bill Adderley, has lowered his stake in the Leicester-headquartered business from 32.3 per [...]
Asda workers ‘owed over £2bn in back pay’ as 159 MPs write to bosses September 24, 2024 Retail workers at supermarket giant Asda are owed more than £2bn in back pay, according to the GMB Union. The claim comes as 159 MPs wrote to bosses at the Leeds-headquartered company calling for an end to “pay discrimination” of its supermarket workers. The politicians have also called on TDR Capital, which is about to [...]
Huggies, Andrex and Kleenex owner predicts return to profit despite losing £100m September 24, 2024 The European arm of Kimberly-Clark, which is behind brands such as Huggies, Andrex and Kleenex, has predicted a return to profit despite it slumping to a loss of €120.3m (£100.2m) in 2023. The division, which is headquartered in Surrey, posted the pre-tax loss after also being €26.7m (£22.2m) in the red during 2022. Kimberly-Clark also [...]
Mortgage Advice Bureau shares jump as firm hails ‘growing market momentum’ September 24, 2024 Shares in Mortgage Advice Bureau jumped as much as 15 per cent on Tuesday morning after the financial services firm hailed "growing market momentum" after a "highly challenging 2023".
FRC: Reporting gap between FTSE 350 and AIM widening September 24, 2024 The Financial Reporting Council reported that there is evidence that in corporate reporting, the gap between FTSE 350 and other companies is widening
International expansion helps Charlotte Tilbury sales jump by £140m September 24, 2024 Sales at beauty brand Charlotte Tilbury jumped by almost £140m as it continued its global expansion during its tenth year in business, it has been revealed. The makeup, skincare and fragrance products retailer has reported a turnover of £448.5m for 2023, up from the £310.3m it achieved in 2022. Newly-filed accounts with Companies House also [...]
Revolut to launch retail wealth app in challenge to Robinhood and Etoro September 24, 2024 Revolut is launching a standalone app based on its wealth management offering as Europe’s most valuable fintech looks to challenge Robinhood and Etoro in the retail investor market. The Revolut Invest app will offer more than 4,000 financial instruments, including from US and European stocks, bonds, commodities and exchange-traded funds, the London-based company said. Equity [...]