Very Group returns to half-year profit despite sales decline Retail Very Group returned to making a half-year profit during the final six months of 2024 despite a fall in sales. The Merseyside-headquartered business, which includes Littlewoods, has reported a pre-tax profit of £6.1m for the period to 28 December 2024. The profit comes after Very Group fell to a pre-tax loss of £2m during the [...]
Nadhim Zahawi’s Osborne Clarke lawyer found guilty of misconduct by Tribunal Legal An Osborne Clarke partner has been found guilty of misconduct by a Tribunal for his attempt to silence Dan Neidle on a story over Nadhim Zahawi’s tax affairs
Osborne Clarke: Nadhim Zahawi’s lawyer faces disciplinary hearing over SLAPP allegations Legal Nadhim Zahawi's lawyer faces a disciplinary hearing this week over allegations he sent SLAPP letters to tax expert Dan Neidle
Very Group: Loss widens at Nadhim Zahawi-led Littlewoods owner November 25, 2024 The Very Group, which is chaired by former Chancellor Nadhim Zahawi, lost more in the first quarter of its new financial year than it did in its last 12 months, it has been revealed. The Liverpool-headquartered group, which is owned by the billionaire Barclay family, has reported a pre-tax loss of £22.9m for the 13 [...]
Record number of millionaires to leave UK as top academics join calls for exit tax October 8, 2024 The UK is set to lose the greatest proportion of millionaires in the world in the next four years, new analysis suggests, as a group of respected academics joined growing calls for Rachel Reeves to introduce an exit tax at the upcoming Budget. The Adam Smith Institute’s (ASI) Millionaire Tracker – a new initiative from [...]
BBC cancels Boris Johnson interview after notes shared October 3, 2024 Boris Johnson’s prime-time interview with the BBC has been cancelled after briefing notes were shared with him by presenter Laura Kuenssberg “by mistake”. The former Prime Minister was meant to be interviewed by the former political editor in his first major sit-down since leaving office, to be broadcast on BBC One at 7.30pm on Thursday, [...]
Boris Johnson sized up for Telegraph editor role amid bidding war August 12, 2024 Former Prime Minister Boris Johnson is reportedly being considered for the role of global editor-in-chief at The Daily Telegraph. The approach has been made by Johnson’s former chancellor, Nadhim Zahawi, who is spearheading a bid to buy The Telegraph and The Spectator, both of which are up for sale following a blocked Abu Dhabi-backed takeover, [...]
Telegraph sale: Former chancellor Nadhim Zahawi hunts backers for £600m bid July 22, 2024 Zahawi is said to be confident he can submit a competitive bid and wants to boost the Telegraph's profitability by expanding in the US.
How the seven Conservative Chancellors since 2010 will be remembered July 2, 2024 City A.M.’s guide to each of the seven Tory chancellors since 2010 and how their policies will be remembered by political history.
Nadhim Zahawi’s lawyer from Osborne Clarke referred to disciplinary tribunal May 13, 2024 Nadhim Zahawi's lawyer from Osborne Clarke who made headlines after threatening Dan Neidle with libel now faces a Disciplinary Tribunal