John Lewis gets approval to build hundreds of homes in London Business Bromley council has greenlit a scheme to build more than 350 rental homes in partnership with John Lewis on a brownfield site in the area.
New six-floor £13.5m women’s health centre to open in Harley Street as Brits look for private NHS alternatives Business A private healthcare firm will open a £13.5m six-floor women’s centre on Harley Street in autumn this year in another sign that the industry is booming in the UK. The 13,000 sq ft building will offer private GP services with doctors who specialise in women’s healthcare. It is the latest expansion for HCA Healthcare UK, [...]
Computacenter: Profit down by a third on ‘weak demand’ for UK tech Business London-based tech company Computacenter announced a drop in profit before tax by a third for the first half of the year on weaker than expected demand in the UK industry. The £2.97bn firm, which helps businesses set up and manage their computer systems and software efficiently, expected its profit before tax for the half year ended 30 June [...]
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results July 26, 2024 Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]
Kering suffers as luxury brands deliver mixed results July 25, 2024 Luxury fashion conglomerate Kering announced a dramatic fall in net profit of 50 per cent in the first six months of 2024.
Young’s sees summer of sport boost business: We’re in “brilliant shape” says outgoing chairman July 25, 2024 Young’s has announced a rise in revenue of 26 per cent since the start of the new financial year on the back of a boost from the UK’s summer of sport. The Euros and Wimbledon have dominated pubs’ TV screens and sent countless customers to bars and beer gardens to make the most of the [...]
Everyman: Media group sees revenue growth despite actors’ strike as more Brits head to luxury cinema July 25, 2024 Everyman Media reported impressive growth in the first half of the year - despite fewer offerings due to the actors' strike - with customers still happy to splash out on the premium cinema.
Veterinary group CVS gears up for Australia expansion July 25, 2024 Veterinary group CVS announced 10 per cent revenue growth but weaker sales amid soft demand and the effect of a cyber security attack, while it separately announced a shift in strategy to focus on growth in Australia. Like-for-like sales only increased by 2.9 per cent year on year at the London-listed company, after a rise [...]
Problems at Asda look set to continue as workers strike again July 24, 2024 This week, Asda workers - with the support of GMB union - announced the latest strike action in a months-long string of collective action and demonstrations.
Non-doms head to Italy in search of sun, scenery, and lax taxes July 24, 2024 Changes to the tax status of non-domiciled residents of the UK – non-doms – has been the subject of much scrutiny recently. Both sides of the political divide have been pro tightening the rules, while analysts warned it will drive investment out of the UK. However, there has been a clear surge in non-doms looking [...]