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Business

  • Reckitt Benckiser: ‘Significant damage’ from tornado will hit baby formula sales

    July 17, 2024

    Baby formula sales at Reckitt Benckiser are set to be hit by “significant damage” to a warehouse which was struck by a tornado, the consumer hygiene company has said.

  • Recruiter Norman Broadbent on the lookout for acquisitions despite ‘extremely challenging’ conditions

    July 11, 2024

    Net fee income in the first half is expected to be £4.5m, down 14 per cent on last year but up 36 per cent on the year before.

  • Thames Water books £200m dividend bill as cash reserves dwindle

    July 9, 2024

    In its annual results, the embattled water company confirmed that its liquidity at the end of June was £1.8bn, "sufficient to found our operations for the next 11 months".

  • Chancellor Rachel Reeves unveils planning reforms to ‘get Britain building again’

    July 8, 2024

    Chancellor Rachel Reeves has unveiled a raft of planning reforms in a bid to “get Britain building again” in her first major speech at the Treasury.

  • UK should ‘explore’ closer trade relations with EU, Jonathan Reynolds says

    July 7, 2024

    The UK should “explore opportunities” for closer trade relations with the European Union (EU), Jonathan Reynolds has said.

  • Election 2024: Our plan for business will ‘turbocharge growth’, Tories claim

    June 27, 2024

    The Conservatives have claimed their plan for the UK’s businesses will “turbocharge growth and productivity” ahead of the July 4 general election.

  • Profit drops at Marks Electrical amid ‘fiercely competitive’ backdrop but signs things are picking up

    June 26, 2024

    The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.

  • Volex making good progress as firm lays out 2027 growth targets

    June 26, 2024

    Revenue growth was concentrated in the firm's medical and 'complex industrial technology' divisions.

  • No, climate action will not damage business interests

    June 26, 2024

    Green and economic growth come hand in hand, say Sophie Miremadi and Alex O’dell

  • SIG issues profit warning owing to weaker than expected demand

    June 24, 2024

    SIG warned investors on Monday that profit for the 2024 financial year will come in below expectations as market conditions have not improved in line with expectations.

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