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      British tycoons raise the alarm over state of UK economy

      Manchester United minority owner Sir Jim Ratcliffe’s Ineos has announced a “significant strategic investment” into premium apparel brand Castore.

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ftse update

  • IWG: Workspace platform reports record March and ups share buybacks

    May 6, 2025

    International Workspace Group (IWG) has reported a flat first quarter and record March as it fended off macroeconomic uncertainty. The company told markets this morning that revenue was stable at $909m (£683m) in the first quarter of the year. IWG, which provides flexible workspaces for businesses and individuals,  upped its share buyback programmed from $50m [...]

  • Kingsmill-owner ABF confirms merger talks with Hovis

    May 6, 2025

    Kingsmill-owner ABF has confirmed it is in talks to merge with Hovis in what would become Britain’s biggest bread maker. ABF said the talks had been prompted by a “very challenging” market for its products. Rising prices of wheat and lower demand for high-calorie goods like bread have made it tougher to make a profit [...]

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