WH Smith launches first cafe in push to hospitality and food-to-go market August 16, 2024 WH Smith, the 232-year-old stationery store, has decided to move into the hospitality scene with the opening of its first café.
US approves Astrazeneca lung cancer drug Imfinzi for treatment August 16, 2024 Astrazeneca’s lung cancer drug Imfinzi has been approved for treatment in the US to be used both before and after surgery, just days after the company’s market value hit £200bn for the first time. Imfinzi, which is meant to treat early-stage non-small cell lung cancer alongside chemotherapy, is administered before and after surgery. The approval [...]
UK retail sales tick up in July after summer discounts and Euros boost August 16, 2024 Friday's data is among a raft of economic figures released this week that will provide key indicators for Bank of England policymakers as they decide whether to cut interest rates in September.
Team by team: Premiership Rugby transfer analysis August 16, 2024 It’s fair to day that I had my fair share of transfers when I was playing professional rugby across England and France. And while rumours of who is going where remains one of the most fascinating parts of the rugby off-season, the confirmed transfers – a month our from the new season – allow us [...]
Savills: Bank of Mum and Dad to pay out almost £30bn over the next three years August 16, 2024 First-time buyers will receive almost £30bn in financial support from their parents over the next three years as the housing ladder slips increasingly out of reach for independent young buyers. Gifts and loans from the Bank of Mum and Dad totalled £9.4bn in 2023, according to the latest analysis from property firm Savills. This figure [...]
Tata Steel: Ministers pledge £13.5m to protect jobs as ‘all options on the table’ August 15, 2024 The government has pledged £13.5m to help workers amid Tata Steel job losses, as a minister vowed “all options are on the table”. Funding will go to supporting supply chain businesses and workers affected by job losses in connection with the Indian-owned manufacturer changing its production systems. Tata is switching to a greener form of [...]
Baker Tilly’s UK arm censured by FCA over audit failings August 15, 2024 Auditor MHA has been censured by the FCA for "failing" to prepare client assets reports to the "required standard"
Unilever triples spend on video game ads to target younger audience August 15, 2024 Consumer goods giant Unilever is betting big on gaming to help it advertise to elusive younger audiences. The company, which owns a host of household name brands including Lynx and Dove, has poured money into its in-game advertising department over the past three years, tripling its spend since 2021. It now has a team of [...]
Want to beat the market like a member of Congress? Now you can August 15, 2024 US politicians have long come under fire for their stock trading activity. Politicians’ trades have been shown to perform twice as well as the market average. In some high-profile cases, members of Congress have bought into companies just days before their share prices skyrocketed after positive developments. Now, Etoro has launched three new portfolios to [...]
Harley-Davidson: Iconic motorbike brand riding high as profit surges despite sales slump August 15, 2024 The UK arm of the iconic motorbike brand Harley-Davidson has seen its profit surge despite a dip in revenue, thanks to a reduction in its production costs, according to newly-filed documents. The US brand, which runs its UK division from its headquarters in Oxfordshire, saw its pre-tax profit soar to €31m (£26m) in 2023, up [...]