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By: Bethany Wales

Bethany is a senior reporter covering UK-wide business news. Got a story? Get in touch via bethany.wales@cityam.com

All 311 Articles
  • TVL makes ‘strides’ in securing £19.5m investment for refinery set to power UK’s EV boom

    August 5, 2024

    The company behind Tees Valley Lithium (TVL) said it is making "significant strides" in securing up to $25m (£19.5m) in funding for its Wilton refinery project.

  • Guild Esports: David Beckham-backed firm receives bid after funding warning

    August 5, 2024

    The David Beckham backed gaming company Guild Esports is set for a takeover by the investment group DCB Sports after it warned last week it was facing a financial crisis.

  • Loveholidays: How CEO Donat Rétif tripled profit by ‘democratising’ travel

    August 2, 2024

    Donat Rétif has only been the CEO of Loveholidays since 2019, but under his leadership the vacation marketplace has experienced explosive growth across all major metrics, doubling its revenue, tripling its pre-tax profit and quadrupling its workforce.

  • Capita swings back into the black as it ploughs ahead with £160m of cost cuts

    August 2, 2024

    Capita has swung back into the black as it ploughs ahead with a cost-cutting programme it says will save the company £160m.

  • Sir Paul Marshall: Hedge fund owner and GB News shareholder poised to snap up The Spectator

    August 1, 2024

    The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to Sky News, Sir Paul, co-founder of Marshall Wace, is the leading bidder for The Spectator, which is being auctioned alongside the Daily and Sunday Telegraph [...]

  • Center Parcs: Holiday giant’s profit hit as consumers tighten the purse strings

    August 1, 2024

    Holiday park operator Center Parcs has seen a sharp fall in its pre-tax profit as "lower levels of disposable income" eroded consumer spending, according to newly-filed documents.

  • Mondi unpacks jump in revenue as firm looks to make up ground

    August 1, 2024

    Things are looking up for sustainable packaging giant Mondi as its shares jumped by almost 15 per cent in early deals this morning after the company published its results for the six months to June 30.

  • Another one? Next hikes profit guidance again as sales soar ahead of expectations

    August 1, 2024

    Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.

  • Britain is unwell: Four charts explaining the UK’s long-term sick problem

    July 27, 2024

    The topic of sick leave was back in the headlines this week after a health adviser to the government declared that the long-term sick must be forced to look for jobs to cut welfare costs and reduce the UK’s reliance on immigration.

  • Segro: Warehousing giant’s profit hits £200m as UK property values increase

    July 26, 2024

    Warehousing giant Segro has seen its profit soar to more than £200m after the value of its UK properties increased for the first time in two years.

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