As we look back on pandemic mistakes, we need to count livelihoods in our losses July 27, 2022 MINISTERS don’t need to face the inquiry into the Covid-19 pandemic until next spring, the chair of the probe, Heather Hallet, announced this week. As part of its mandate, the inquiry will “listen to and consider carefully” the experiences of those who lost family members or “have suffered hardship or loss” as a result of [...]
Revenue dips for musicMagpie as pandemic boom fades and belts tightened July 27, 2022 Shares dropped nine per cent in early morning trading for musicMagpie after the circular economy firm reported how squeezed wallets were cutting into profits and margins.
40,000 union rail workers walk out as travel chaos continues for Brits July 27, 2022 40,000 rail workers are striking today, as RMT union members at Network Rail and 14 other train companies walk out over pay and job terms.
Reckitt Benckiser announces strong revenue growth as it tackles inflation in the first half July 27, 2022 Reckitt Benckiser reported strong revenues and performance in the first half of 2022 as it continues to tackle the challenging inflationary pressures gripping the global economy. The consumer goods company reported a revenue growth of 8.6 per cent to £3.5bn and saw continued broad-based growth across all of its business units and geographies. Adjusted operating profit [...]
Haleon cautions lower margins as it navigates the market as a standalone business July 27, 2022 Sensodyne-owner Haleon, the world’s largest consumer healthcare company, has cautioned that its operating margins may be lower than last year, after splitting from its parent company GlaxoSmithKline (GSK) earlier this month. Adjusted operating margin for the full year is expected to be slightly down at constant currency, in comparison with the 22.8 per cent growth [...]
Further price rises loom over shoppers after Coca Cola and Unilever reveal hikes July 27, 2022 Shoppers are set to face further wounding price increases in the coming months, as some of the world’s largest consumer goods giants admit that more cost hikes will be passed on to shoppers. Retail chiefs have warned more price increases are on the way, with the British Retail Consortium (BRC)’s Helen Dickinson admitting households and [...]
Movie magic: Everyman cinemas continue to outshine pre-pandemic levels July 27, 2022 Everyman Media Group continues to outshine pre-pandemic levels as movie-goers continue to flock to the big screens.
Revenue climbs for British American Tobacco as cigarette alternatives start to pay off July 27, 2022 Revenue climbed 45 per cent to £12.8bn for British American Tobacco as the company continues to pivot towards cigarette alternatives.
GSK hikes profit and sales forecasts in first results as focused biopharma firm July 27, 2022 GlaxoSmithKline (GSK) has hiked its operating profit and sales forecasts for this year, in its first results as a newly focused biopharma firm. Bosses at GSK now expect adjusting operating profit growth of between 13 and 15 per cent, and sales growth of around six and eight per cent, with guidance lifted by one [...]
Stop throwing around cash promises and cut red tape July 27, 2022 THE Conservative party leadership candidates agree that the British economy is in dire straits. Inflation is biting incomes, growth is stagnant while public services are faltering. In response, Liz Truss backs a bold new approach encompassing supply-side reforms, while Rishi Sunak promises a “radical set of Thatcherite reforms that will unleash growth and strengthen our [...]
