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Business

  • Lower shipping costs help Victorian Plumbing navigate ‘subdued’ environment

    May 28, 2024

    The Skelmersdale-based firm noted that it continued to gain market share in a "subdued trading environment".

  • Election 2024: Rachel Reeves to pledge ‘most pro-growth Treasury in history’

    May 27, 2024

    Rachel Reeves will pledge to “lead the most pro-growth Treasury in our country’s history”, if elected as Chancellor on July 4.

  • Reform AI adoption or it could ‘widen corporate inequalities’, IoD warns

    May 24, 2024

    The adoption of generative AI could "widen corporate inequalities, with sectors prone to market consolidation seeing the most significant shifts."

  • Investec sets aside £30m for FCA motor finance review

    May 23, 2024

    London-listed South African banking group Investec has set aside £30m to cover potential costs from a City regulator probe into unfair car loans that could leave the motor finance industry on the hook for billions in compensation fees.

  • AJ Bell: DIY investment firm ups dividend after reaching customer ‘milestone’

    May 23, 2024

    Revenue at the DIY investment platform rose by 27 per cent to £131.3m in the first half of the year, up from £103.6m in the same period last year.

  • Demand for UK business flights has fallen by nearly a third since 2019

    May 20, 2024

    Business travel demand has fallen by nearly a third in the UK since before the pandemic, according to new research from the New Economics Foundation.

  • Andrew Sykes hits record profit as European heatwave leads to summer air con purchases

    May 8, 2024

    Air conditioning hire firm Andrew Sykes posted record profit in 2023 as Southern Europeans looked to cool down from record temperatures over summer.

  • HSS Hire ‘mindful’ of macroeconomic uncertainty despite dividend hike

    May 1, 2024

    HSS Hire has hiked its dividend but said it remains "mindful" of macroeconomic uncertainty after profits almost halved.

  • Growth markets India and Thailand help Prudential keep up the momentum

    April 30, 2024

    Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.

  • Exclusive: London’s businesses back Labour ahead of mayoral election

    April 30, 2024

    London’s businesses have given their backing to Labour, according to polling data shared with City A.M., as the party holds a 15-point lead heading into the mayoral election this Thursday.

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