Will High Net Worths save LVMH’s share price? July 9, 2025 LVMH’s share price has taken a battering as nervous investors shy away from luxury companies amid a global downturn in the market. Its share price has fallen by more than 35 per cent since the end of January; it now trades at its lowest forward earnings multiple in seven years – roughly half that of [...]
HS2 contracts may be twice as costly as first thought, says new boss July 9, 2025 The contracts for HS2 may run to more than double their initial projected cost, the troubled project’s new chief executive has warned ahead of crunch talks this autumn. Mark Wild, who was brought in to reset the high-speed line last year, told MPs the contracts would finish “considerably over budget,” with a likely overspend of [...]
Boardroom Uncovered: Why the UK is great for investing and entrepreneurship July 9, 2025 The chief executive of Omaze revealed what he thinks the Labour government could do to support businesses more.
Watchdog probe to net £100m from listed housebuilders for affordable schemes July 9, 2025 A probe by the UK’s competition watchdog is likely to result in a collective £100m package from seven housebuilders for affordable housing schemes. The Competition and Markets Authority (CMA) probe, which looked into the anti-competitive practices of seven housing developers – Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry – was launched [...]
Galliford Try ‘well-positioned’ to benefit from government spending July 9, 2025 Galliford Try has stated that it “welcomes” the government’s ambitions for affordable housing and infrastructure and expects to report a profit ahead of expectations this year. The construction giant, which has 4,300 employees across the UK, operates across the public and regulated sectors – including water, transport and building projects. The company told markets it [...]
Jet2 hikes dividend on record passenger numbers July 9, 2025 Jet2 shares tumbled on Wednesday despite record passenger traffic as investors fretted over global geopolitical uncertainty. Shares fell more than 5 per cent by midday evven after the leisure travel group hiked its annual dividend and reported a surge in profit on soaring demand. Investors are set for a final dividend of 12.1p per share [...]
Luton Airport chair: Green targets for expansion ‘not easy’ to meet July 9, 2025 Strict green targets for Luton Airport’s expansion plans will “not be easy” to meet, its new chair has said, even as he praised the economic importance of the project. Ministers rubber-stamped proposals to ramp up capacity at Luton earlier this year, shortly before backing a massive Universal Studios theme park and resort in nearby Bedford. [...]
Will the Renter’s Rights Bill push up costs for student accommodation? July 9, 2025 The Renter’s Rights Bill is set to introduce huge changes into the UK’s property market. Landlords and tenants alike will see significant upheaval, with fixed-term tenancies abolished, no-fault evictions banned and pets allowed. But how much will all of this affect students? Unite, which is the largest provider of student housing in the UK, reckons [...]
Lipton gets warning after ‘misleading’ posts suggest end of Peach Ice Tea July 9, 2025 A string of social media posts from Lipton Ice Tea joking that the brand’s signature drink had been discontinued have been ruled misleading by the Advertising Standards Authority (ASA). In March, the drinks brand claimed that their peach flavour would no longer be available to customers, posting an image of a Lipton can with white [...]
EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake July 8, 2025 The Prime Minister has hailed investment by French energy giant EDF in the Sizewell C nuclear plant as “a vote of confidence in the UK as an investment destination”, though the company appears to be taking a reduced stake in the major project. The French state-owned electricity company said it had agreed in principle to [...]
