Pub group Marston’s returns to profitability as sales bounce back to pre-Covid levels May 18, 2022 Pub group Marston’s today announced it has returned to profit after sales at its 1,482 pubs bounced back to 97 per cent of pre-pandemic levels. The pub and hotel operator posted profits of £39.9m for the 26 weeks running up to 2 April 2022, compared to a £57.2m loss over the same period in 2021. [...]
Britain not ‘scrapping’ the Northern Ireland protocol, but ‘fixing’ it, says foreign secretary May 18, 2022 Foreign secretary Liz Truss has insisted the UK is not looking to scrap the Northern Ireland protocol, but is looking to fix the agreement which “isn’t working” in wake of the Brexit vote. The cabinet member told Sky News this morning there needed to be “sensible pragmatic changes” to it, with a stalemate over trade [...]
British Land earnings soar as competition heats up for work campuses May 18, 2022 British Land, one of the UK’s largest property developers, has secured a £251m underlying profit for the last 12 months, as its earnings per share nearly doubles. The FTSE 100 builder’s profit jumped 25 per cent in the period, the equivalent of £50m. Meanwhile, earnings per share have soared from 18.8p to 27.4p over the [...]
Mercedes-Benz S 580e review: pinnacle plug-in hybrid May 18, 2022 The Mercedes-Benz S 580e plug-in hybrid combines cosseting luxury with a 510hp punch and 63 miles of electric range. We drive it.
Revenue surges for Marie Claire publisher Future thanks to £400m acquisitions and content expansion May 18, 2022 The media group behind TechRadar and Marie Claire Future reported half year revenue up was up 48 per cent to £404.3m thanks to the company's push to diversify revenue streams.
TBC Bank’s profits soar as Georgia’s economy booms May 18, 2022 Georgia’s TBC Bank today said its pre-tax profits are up 45.8 per cent on last year on the back of fast paced growth in the Georgian economy. The FTSE 250 bank said Georgia’s economy had rebounded quickly from the pandemic to achieve annual growth of 10.4 per cent in 2021 following a 6.8 per cent [...]
Liz Truss plays down calls for windfall tax May 18, 2022 Foreign secretary Liz Truss has played down calls for a windfall tax on energy firms, saying “we need to attract investment”, and a tax would be a deterrent. Speaking on Sky News this morning, she appeared to be at odds with calls made by the Chancellor Rishi Sunak yesterday, who said nothing was off the [...]
Experian posts ‘very good year’ with revenue and profits booming for credit reporting firm May 18, 2022 Credit reporting firm Experian reported a strong full year this morning with revenue up 17 per cent at $6.3bn.
Sajid Javid needs real bravery to even begin to confront NHS inefficiency May 18, 2022 A few years back a No10 aide rang me at The Sun to offer an exclusive: Theresa May’s team had decided to save Frosties’ icon “Tony the Tiger”. It was sold-in as a big victory against nanny state campaigners who wanted cartoon inducements wiped off the face of the earth to tackle childhood obesity. Unfortunately [...]
If Johnson wants a future proof economy, he needs a resilient core in all of his policies May 18, 2022 Last week, we heard plans to strengthen consumer protection, boost innovation and support the transition to net zero. The realignment with the interests of business in the UK was welcome. The government needs to reset its strategic direction and put resilience at the heart of policymaking and focus. We hear the term future proof being [...]