Gatwick Airport profit jumps as long-haul expansion drives growth August 22, 2024 Gatwick Airport's chief executive said the hub was experiencing its "busiest ever" summer as passenger numbers hit 19.9m.
JD Sports: FTSE 100 retailer beats analyst predictions in a ‘volatile’ market August 22, 2024 JD Sports has reported good global sales growth in the second quarter of 2024, smashing analysts’ expectations and leading to the share price rising by over six per cent in early trades. Like-for-like sales at the FTSE 100 firm rose 2.4 per cent in the 13 weeks to 3 August 2024 or 0.7 per cent [...]
Serco: FTSE 250 firm bags new contract for US Space Force Pituffik base in Greenland August 22, 2024 British outsourcing giant Serco has won a $320m (£250m) contract to manage the electrical modernisation of the US Space Force’s Pituffik Space Base in Greenland. The contract, which began this month, will last four years. Serco will modernise the base’s backup electrical plant, enhancing the capacity and stability of the base’s electrical network. Pituffik Space [...]
Will Wizz Air’s flight subscription take the brand to new heights? August 22, 2024 Wizz Air recently announced an “all you can fly” offer for £534 per year. It’s a splashy move, and it’s provoked some scepticism among industry analysts. But will it prove a hit with air travellers? Data from YouGov Surveys shows that just over a third of Britons who have travelled by air (36 per cent) [...]
The Hagen Project on hygge and the future of coffee August 22, 2024 The Hagen Project wants to do coffee differently: it has no menus on the walls, no customer facing fridges or retail products, and often no seating. Sometimes it is “the coffee machine and nothing else”, founder Tim Schroeder said. “You want to sell an experience, you want to sell an emotion, you want to sell [...]
Treasury and FCA worried by payments regulator’s fraud refund scheme August 22, 2024 The government and City watchdog have raised concerns over a fraud refund scheme from the UK payments regulator that firms have warned could do long-lasting damage to the industry, City A.M. understands.
Thomson Reuters snaps up British AI startup that provides legal advice August 21, 2024 Information giant Thomson Reuters has snapped up British artificial intelligence (AI) company Safe Sign Technologies as it looks to grow its suite of AI-powered research tools targeted towards the legal industry. Safe Sign has been building and developing a legal specific large language model (LLM) that aims to make reliable legal advice more accessible. Both firms [...]
Shein considers selling shares to public in potential £52bn London listing August 21, 2024 Fast fashion giant Shein is reportedly considering selling its shares directly to the British public as part of a potential £52bn listing on the London Stock Exchange. The company’s bankers, including JP Morgan, Goldman Sachs and Morgan Stanley, are pushing for plans to sell to retail investors along with institutional investors, according to The Telegraph. [...]
August bank holiday weekend: UK set for £3bn boost as 11m Brits plan mini-break August 21, 2024 Brits will be packing up their cars and going for short breaks during the bank holiday weekend, with the UK economy set for a £3.1bn boost. Fresh figures from Visitengland said the August bank holiday weekend will mean 11m Britons planning an overnight trip somewhere in the country, bringing in billions of pounds to the [...]
5 reasons why Green Man festival is absolutely amazing August 21, 2024 With music, science, craft beer and traditional dancing high in the picturesque Brecon Beacons, the Green Man festival has become a staple of the UK music festival scene over the past 20 years. More than music, it has developed a reputation for its friendly atmosphere, but the wide variety of folk and live acts, and [...]
