Easyjet more than doubles dividend as profit jumps November 27, 2024 Budget airline Easyjet reported a 34 per cent rise in pre-tax profit to £610m, in the twelve months to October.
Mitchells & Butlers: All Bar One operator set for £100m Budget tax hit November 27, 2024 All Bar One owner Mitchells & Butlers has become the latest hospitality business to warn of higher costs due to the tax changes outlined in Labour’s inaugural Budget at the end of October. The group made the comments within its full year results release for the year to 28 September 2024, which was published this [...]
Nationwide banks £2.3bn gain from Virgin Money takeover as profit tumbles November 27, 2024 Nationwide has bagged a £2.3bn gain from its acquisition of Virgin Money, setting up a windfall for members of Britain’s biggest building society.
Just Eat set to abandon London listing November 27, 2024 Just Eat Takeaway has announced it will be delisting from the London Stock Exchange due to the administrative burden of a dual listing. When Just Eat Takeaway.com was created in 2020 between a merger of the London-based Just Eat and the Amsterdam-listed Takeaway.com, it had initially planned to to scrap its Dutch listing. However, in [...]
The Naked Truth November 27, 2024 Marica Bonomo followed in the family footsteps to create sensational wines in the romantic Italian hills surrounding Lake Garda. Naked’s Angels named her Winemaker of the Year 2023 and her wines feature in the Spectators ‘Top 100 Wines in the World’ How did you get Naked? Joining this lovely new family has been a huge [...]
Zempler Bank begins layoffs after announcing jump in profit November 27, 2024 The boss of challenger bank Zempler privately told staff he would lay off around five per cent of its workforce on Monday, just as the company publicly announced a jump in profit in its latest financial year, City AM can reveal. In an email to staff, seen by City AM, the digital bank’s chief executive, [...]
FTSE 100 tax contribution hits £90bn amid warnings against further hikes November 27, 2024 PwC estimated that firms in the 100 Group contributed a total of £93.3bn to the Exchequer in the 2023/24 financial year.
‘One of the greenest choices in air travel’: Wizz Air ad banned for misleading consumers November 27, 2024 The ASA ruled on Wednesday the ad "must not appear again in the form investigated" because no basis for the claim had been made clear.
Complaints about banks’ handling of fraud hit record high November 27, 2024 Official complaints about banks' handling of fraud have hit a quarterly record as the sector comes under new rules to reimburse scam victims.
‘Wealth the new work’: Wealth inequality ‘undermining capitalism’ November 27, 2024 “For most, your house has outvalued you this century – making wealth the new work," Parth Patel, associate director of at the IPPR, said.