Shein continues to face copycat claims as it plots US listing February 2, 2024 Fast fashion giant Shein has reportedly been accused of breaching its own legal settlement and continuing to sell copycat products despite saying it would stop.
Property giant Bruntwood makes worst loss in its near 50-year history February 2, 2024 Property giant Bruntwood has slumped to its worst losses in its near 50-year history, it has been revealed.
YouGov: Pollsters expect revenue ‘will be strong’ as UK and US elections loom February 2, 2024 The market research and pollster firm, YouGov, stated in its half-year update that it is “confident in achieving full year expectations”. Despite the challenging macro-economic environment, YouGov said it has seen resilient performance during the period as it continues to see sales momentum in the technology sector. However, the business noted there are some “other [...]
Investment in London hotels sinks to lowest in a decade – but rate cut prospect boosts confidence February 2, 2024 In January, Starwood Capital acquired the 10-hotel Radisson Edwardian portfolio for a reported £800m, most of which is in central London.
Together’s group CEO to step down later this year February 2, 2024 Together Financial Services has announced that its group CEO Designate is to step down from his role in spring 2024. Gerald Grimes has served in the role since April 2020 but has decided to leave the Cheadle-based business in order to “pursue other personal ambitions”. He joined the relationship lender business from Financial Conduct Authority [...]
Meta issues first divi and expands buyback after bumper quarter February 2, 2024 Meta last night said it was closing in on one of its best years yet with a jump in revenue as the multinational tech giant continues its "longer-term" push into AI and virtual reality.
Revolution Beauty ‘contests’ allegation made against it by former shareholder February 2, 2024 Scandal-stricken makeup firm Revolution Beauty has said it contests allegations made against it by a former shareholder Chrysalis investments.
Dutch battery firm Lionvolt saves London-listed AMTE Power from collapse February 2, 2024 AMTE Power’s business and assets have been sold out of administration to Dutch battery technology firm LionVolt. The sale ends a process for the beleaguered battery cell manufacturer, the only of its kind founded in Britain, that have run since June last year when the notified investors that it was struggling to raise additional finance [...]
Wizz Air stock surges 10 per cent as passenger numbers take off February 2, 2024 Wizz Air’s passenger numbers surged in January, growing 14.2 per cent from last year, as the airline’s level of pollutants grew almost twice as fast as its passengers. In a stock exchange notice today, the airline said throughout the month, it carried 4,740,815 passengers. The firm’s stock price is up 10 per cent this morning. [...]
Have you seen him? DON’T approach him: Manhunt continues for suspect in Clapham substance attack February 2, 2024 Police are continuing their search on Friday for the suspect in the alkaline substance attack which left a girl and her mother with potentially life-changing injuries. Abdul Ezedi, 35, from the Newcastle area, who was described by Metropolitan Police Superintendent Gabriel Cameron as having “significant injuries to the right side of his face”, was last [...]