Why doesn’t the UK government run its own venture capital funds, like China? July 24, 2024 With how essential venture capital is to the UK economy, why isn't the government running its own VC funds?
Greencoat UK Wind shrugs off slow winds with ambitious share buyback scheme July 24, 2024 Greencoat UK Wind has pushed ahead with an ambitious share buyback programme, even as the trust struggles with low wind speeds and falling electricity prices.
US confidence in UK business environment improves but concerns over tax grow July 24, 2024 US confidence in the UK's business environment increased for the first time in two years, according to a survey, but American firms were also increasingly nervous about the tax regime.
Disney’s Magical Cruise Company sails ahead as Disneyland parks struggle July 24, 2024 According to recently filed accounts, Disney’s cruise line sailed past the £1.6bn ($2bn) revenue mark in 2023 for the first time in its 25-year history, thanks to a surge in demand as it emerged from the pandemic. Disney’s filings in the United States don’t disclose the results of all of the businesses it owns and [...]
Hewlett-Packard: Cost cutting boosts HP profit but UK sales slip further away from £1bn mark July 24, 2024 Revenue at the UK arm of Hewlett-Packard (HP) slipped further away from the £1bn mark during its latest financial year while a range of cost reduction measures boosted its profit.
Informa snaps up listed events rival Ascential in sign of buoyant sector July 24, 2024 UK events group Informa has snapped up listed rival Ascential in a bid that valued the owner of the Cannes Lions festivals and Money 20/20 at approximately £1.2bn.
Christian Dior hails ‘great strength’ despite luxury slowdown hitting UK profit July 24, 2024 The UK arm of Christian Dior has said it showed "great strength" in the face of "continued economic and political volatility" which saw its profit dip during 2023.
Mounting fears over mouldy homes boosts Volution’s revenue July 24, 2024 Air quality solutions supplier Volution has seen its revenue jump as concerns over the health impact of living in mouldy homes drives strong demand for refurbishments and home improvements.
Expedia: Profit more than doubles as UK sales surge as travel demand returns July 24, 2024 The UK arm of Expedia saw its profit more than double as its turnover surged by almost £60m during 2023, it has been revealed.
UK growth set to continue as manufacturing PMI climbs to two year high July 24, 2024 The economy’s strong performance so far in 2024 looks set to continue thanks to the continued recovery of the manufacturing sector, a closely watched survey suggests. S&P’s ‘flash’ purchasing managers’s index (PMI) came in at 52.7, up from 52.3 last month and slightly higher than the 52.6 expected by economists. The survey, which measures economic [...]