Employer National Insurance hike could risk jobs amid 95,0000 vacancies October 15, 2024 Increasing employers’ national insurance contributions (NICs) could pose a risk to jobs amid some 95,000 vacancies across pubs and restaurants, a hospitality lobby group has warned. Data released from the Office for National Statistics (ONS) today revealed there are a “stubbornly high” 95,000 openings across the sector, including in venues, cafes and eateries. Hospitality UK [...]
Silentnight: Profit at mattress supplier up nearly a third October 15, 2024 Mattress supplier Silentnight has reported a sharp uptick in revenue in the last financial year as business and consumer demand for beds increased. Revenue at the UK’s “most trusted sleep brand”, reached £143.8m in the year to the end of January 2024, up 29 per cent from £111.3m in the previous year. The company, which [...]
Klarna grows UK network by a third in buy-now pay-later boom October 15, 2024 Klarna said its network of UK merchants has grown by roughly a third over the last year in a sign of booming demand for buy-now pay-later services among British consumers.
Segro sells west London warehouse to Imperial for science innovation October 15, 2024 Segro has sold its Victoria Road warehouse to Imperial College London for £115m, with the university set to use the property for early-stage companies conducting scientific innovation. Located in Park Royal, West London, the 10-acre urban warehouse estate has been owned and operated by Segro since 2009, when it acquired Brixton plc. Segro said that [...]
Applied Nutrition guns for £220m fundraise in London IPO October 15, 2024 Sports health brand Applied Nutrition is seeking to raise up to £220m in its IPO later this month in what could be one of London's biggest stock market floats this year.
Hostelworld: Bookings at travel agency buoyed by budget trips October 15, 2024 Online travel agency Hostelworld Group has reported a strong performance in the year-to-date, driven by an increase in demand from budget and solo travellers. The Irish company, which is listed in London, reported record bookings in Asia and Central America in the six months to June 30. While bookings rose by seven per cent year on [...]
Qinetiq orders grow as defence boom continues October 15, 2024 Qinetiq inked a £150m deal with the British Army to deliver "tactical military communications," in the most recent quarter.
Starmer hands councils millions for housebuilding on brownfield sites October 15, 2024 The Government has committed £68m to unlocking brownfield sites in 54 local authorities as it looks to deliver on its election promise of 1.5 million homes by 2029. Around a sixth of councils will receive money to turn neglected land into new homes, which the government have said will “transform local communities and help families [...]
Robert Walters blames Budget uncertainty for slump in UK fees October 15, 2024 Recruiter Robert Walters has posted a slump in net fee income as economic and political uncertainty dragged on hiring in the UK and Europe.
Audioboom shares soar on record profit with US election to boost podcast demand October 15, 2024 Audioboom shares soared nearly 19 per cent on Tuesday as the podcast streamer posted record revenue and profit, and said it is set to “significantly outperform” expectations, especially with demand from the US election. The London-listed company booked record third quarter revenue of $18.8m (£14.4m), up from $14m (£10.7m) in the same period last year. It [...]
