Kingfisher: Profit warning at B&Q owner as economy bites September 19, 2023 Kingfisher: Profit warning at B&Q owner as economy bites
Naked Wines: Chair apologises after economy corks revenues September 19, 2023 In a letter to shareholders, the chairman of Naked Wines apologised after the online booze supplier reported disappointing full year results. In a trading update the British wine supplier said new customer investment dropped by 48 per cent, while repeat customer contribution stayed roughly flat. Shares dropped ten per cent on Tuesday morning. New sales [...]
Tui: Wildfires hold back growth but travel demand continues to soar September 19, 2023 The post-Covid recovery of summer holidays helped push Tui towards its targets for the 2023 financial year.
Ocado: Signs of progress at last as firm looks to continue share price turnaround September 19, 2023 Upmarket grocer Ocado has reported a 7.2 per cent surge in revenues to £569.6m in the third quarter as turnaround plans under the guidance of its year old chief executive appear to show signs of paying off. The digital supermarket, which operates as a joint venture with M&S, said the average orders per week at [...]
Brexit: Starmer meets Macron, as experts warn of bid for closer ties with EU September 19, 2023 Sir Keir Starmer will meet French President Emmanuel Macron as experts say he risks “demanding more than the European Union is willing to give” with his insistence on seeking closer ties with Brussels after Brexit. The Labour leader will hold talks in Paris on Tuesday, during which post-Brexit relations are expected to feature prominently, against [...]
Met Police: More than a THOUSAND officers suspended or restricted – and clean-up will take “years” September 19, 2023 Met Police bosses have warned rooting out "corrupt" officers will take "years" despite a new push
Farage debanking an outlier, reckons City watchdog’s investigation September 19, 2023 The bosses of both Coutts and Natwest quit after Nigel Farage was ‘debanked’ but an FCA report is expected to say it is not usual practice
Net zero push will put UK energy infrastructure in Chinese hands September 19, 2023 Net zero targets will put China at the heart of the UK's energy infrastructure - and that doesn't strike us as smart
Right-wing think tank claims digital markets bill is a ‘recipe for disaster’ September 19, 2023 Proposed legislation to regulate digital markets is a “recipe for disaster” and risks spooking tech companies by handing Britain’s competition watchdog unbridled power, according to a new paper by the Institute of Economic Affairs (IEA). The right-wing think tank has today published a paper which warns the Digital Markets, Competition and Consumers bill (DMCC) will [...]
Renewables boss: People don’t realise ‘control’ China has over UK’s net zero push September 19, 2023 The UK is a decade away from cutting its dependence on China to meet its renewables ambitions, warned the boss of a leading clean energy firm.
