Addison Lee settles workers’ rights case before landmark hearing February 22, 2024 The private hire taxi firm Addison Lee has reached a settlement with three drivers who were set to take them to the employment tribunal in a long-running battle over workers’ rights. The claim was originally brought by three drivers who sued Addison Lee to establish that they were in fact employees and not self-employed contractors. [...]
Coca-Cola HBC buys vending machine firm BDS to grow in Ireland February 22, 2024 Coca-Cola HBC, the European bottling partner of Coca-Cola, has acquired Irish vending machine group BDS Vending Solutions. Founded in 1993, BDS Vending has around 2,000 vending machines spread across Ireland. The firm is headquartered in Dublin, but also has operational centres across Belfast, Cork, Galway, Limerick, Sligo and Wexford. BDS founders David Mullan and Brian Berry have [...]
Lombard Odier called in to build £5bn ESG fund for UK pension savers February 22, 2024 One of the UK’s biggest pension schemes has called in Lombard Odier to build a £5bn ESG fund to pump into companies tackling climate and social issues.
James Bond studio Pinewood hails ‘resilience’ to US actors’ strikes as Amazon and Netflix deals boost outlook February 22, 2024 The group behind Pinewood Studios has said it remained "largely resilient" to the US actors strike during the final three months of 2023.
Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes February 22, 2024 The UK's biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins.
Tortilla Mexican Grill says adios to long serving chief February 22, 2024 One of London’s most popular Mexican chain restaurants, Tortilla Mexican Grill, has announced the departure of its long-serving boss and their successor.
Hydrogen power firm Geopura to create hundreds of jobs after £56m investment February 22, 2024 Hydrogen power company GeoPura has secured a £56m investment which will help create hundreds of jobs, it has been announced.
Hikma shares spike after pharma giant’s profit up 30 per cent February 22, 2024 Mishlawi said the firm "has a resilient portfolio of diversified global businesses that are expanding to meet growing regional needs for a broad range of essential medicines."
Gymshark: Profits continue to fall despite surge in sales February 22, 2024 Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed.
Safestore Holdings: Revenue slips amid ‘challenging economic environment’ February 22, 2024 Safestore Holdings, the UK’s largest provider of self storage containers, saw revenue slip in the first quarter citing a “challenging economic environment”.