Liquidity boost: Cineworld pins hopes on payment delays from Regal shareholders May 4, 2022 On a quest to boost liquidity, Cineworld revealed this morning that it had approached the former dissenting shareholders of its U.S. division Regal Entertainment to further delay payment obligations.
Joules shares plunge after news of CEO departure and ‘more challenging’ market May 4, 2022 Premium British lifestyle group Joules posted strong revenue growth this morning, up 20 per cent for the quarter ending 1 May.
Ryanair flies 14.2m passengers last month as Brits flock back on holiday May 4, 2022 Ryanair announced it has flown 14.2 million passengers in April, 91 per cent up on 2021 figures. According to data from international traffic management organisation EUROCONTROL, Ryanair was the largest operator in Europe, as it reported an average of 2,815 flights per day. Wizz Air, which was ranked seventh, announced yesterday its passenger numbers had [...]
Sales slow at J D Wetherspoon as costs rocket and punters dip May 4, 2022 Sales at J D Wetherspoon dipped four per cent in the third quarter as the pub group struggles to keep pace with pre-pandemic levels.
UK’s tech regulator backtrack sparks mixed reactions across the City May 3, 2022 Reports that the government has backtracked on strengthening the role of the UK’s tech regulator has sparked mixed reviews from the City today.
Ocean Outdoor bags £463m buyout deal as advertising booms May 3, 2022 Ad giant Ocean Outdoor said that its largest shareholder Atairos would buy the remaining shares in a deal valuing the company at $580m.
Thomson Reuters ups forecasts despite ongoing geopolitical uncertainties May 3, 2022 Thomson Reuters raised its 2022 forecast after beating first-quarter expectations and warning of the ongoing economic woes.
Move over BBC: ITV moves all London staff to White City creative campus May 3, 2022 Over 800 ITV staff members will be heading to White City as the broadcaster pushes the west London haunt as its new creative hub. The broadcaster will be relocating all their London staff from their existing offices in Gray’s Inn Road and Waterhouse Square to the new site, which has traditionally been home to the [...]
Top broadcasters come together to tackle production skill shortage in British TV and film May 3, 2022 Industry powerhouses, the BBC, Channel 4, Paramount and UKTV have announced their intention to join forces to tackle the current production management skills gap facing the UK TV industry.
Veteran Fevertree chairman announces retirement May 3, 2022 Longstanding Fevertree Drinks chairman Bill Ronald has announced he will be retiring in May next year. Ronald joined the premium tonics and drink mixer maker in June 2013 ahead of Fevertree’s debut on the London Stock Exchange the following year. He has given a year’s notice to allow the company to start looking for a [...]
