Croda: Sales at FTSE 100 chemicals firm boom April 23, 2025 Sales at FTSE 100 chemicals firm Croda International jumped by eight per cent in the first quarter of 2025, thanks to strong performance across all arms of its business. Every arm of the cosmetics, detergents and pesticides chemicals provider recorded positive growth. Life sciences achieved the best performance the company has revealed in a stock exchange [...]
Heathrow Airport holds outlook as profit edges up April 23, 2025 London Heathrow Airport has maintained its outlook for profit and passenger traffic as work continues “at pace” on a planning application for its third runway. The West London hub anticipates carrying a record 84.2m passengers in 2025, up 0.5 per cent year-on-year. But pre-tax earnings (EBITDA) are expected to decrease by 11 per cent to [...]
Reckitt Benckiser: Dettol, Durex and Gaviscon drive growth but America lags April 23, 2025 Consumer goods giant Reckitt Benckiser has reported an uptick in profit driven by its core brands and emerging markets despite a slowdown in North America. Group revenue at the company rose by 1.1 per cent in the first quarter of the year. This growth was driven by emerging markets China and India, where like-for-like revenue [...]
Quilter: Inflows jump at wealth management firm April 23, 2025 Investors poured £2.2bn into Quilter in the first quarter of 2025 despite significant market losses at the wealth management firm. Assets under management ticked up from £119.4bn at the start of the year to £119.6bn by the end of March, thanks to a boom in the firm’s mass market affluent business, it said in a [...]
Prime London house prices underperform wider property market under Labour April 23, 2025 The prime London housing market has risen by less than the wider housing market since last June, despite the sector’s usual strong performance under Labour. Since July of last year, the average London house price has fallen by 0.5 per cent, according to Benham and Reeves. House prices across Kensington and Chelsea, meanwhile, have plummeted [...]
Reeves pledges to defend UK interests ahead of IMF meetings in Washington April 22, 2025 Chancellor Rachel Reeves has pledged to “defend Britain’s interests” as she prepares to meet fellow finance ministers in Washington and push for a US trade deal. Reeves will spend three days in the US capital for the International Monetary Fund (IMF)’s spring meetings of finance ministers and business leaders from across the G7 and G20. [...]
WHSmith shares continue to sink ahead of high street chain rebrand April 22, 2025 WHSmith’s shares have sunk more than 18 per cent since the company’s board approved the sale of its high street chain at the end of March. It’s one of the few retail stocks that hasn’t recovered from the tariff-fueled market dip in the first week of April, with investors still concerned about the stationer’s prospects. [...]
Logistics leaders warn business rates reform could drive up high street prices April 22, 2025 A coalition of logistics professionals and long-term industrial investors has warned that changes to the business rates system risks damaging the British high street by pushing up costs. The group, which includes major investors Segro, Prologis and Tritax Big Box, said that the proposal to apply a higher business rates multiplier to more valuable properties [...]
Wework hopeful of revival amid growth in demand for flexible workspaces April 22, 2025 Embattled office company Wework is hopeful of a revival after reporting a jump in demand for flexible workspaces in London. The New York-based business, which collapsed in November 2023 before emerging from bankruptcy last year, said its on-demand bookings – a pay-as-you-go membership option – rose by 30 per cent in London compared to the [...]
Brits back Ryanair calls for two drink limit at UK airports April 22, 2025 Brits overwhelmingly back a two drink limit at UK airports to stop drunken passengers disrupting flights, a new survey has found. Yasper Communications agency polled more than 2,500 people and found 60.7 per cent either agreed or agreed strongly with the idea. Only 10.8 per cent of Brits disagreed or disagreed strongly with the introduction [...]