Richard Caring apologises for supplier letter amid wave of criticism June 16, 2025 Richard Caring has been forced into an embarrassing apology after City AM revealed his restaurant group demanded suppliers take a “mandatory” 2.5 per cent pay cut. The founder of the Ivy Collection and Caprice Holdings endured a wave of criticism after our exclusive story last week, with the saga branded a PR disaster. Billionaire Caring [...]
Pension and ISA reform can reverse London’s stock market malaise June 16, 2025 London must back ambition to reverse our stock market malaise, but pension and ISA reform may be the first step, writes Alastair King.
Dunelm’s ‘market-beating’ potential hailed as shares rocket June 16, 2025 Dunelm has been hailed as a “coiled spring” by London broker Peel Hunt amid rising sales and its shares rocketing in recent weeks. The Leicester-headquartered retailer, which is a member of the FTSE 250 index, a “clear moat” compared to its competitors due to a combination of more products, more active customers and a much [...]
Farrell returns to Saracens after reported €200,000 release fee June 16, 2025 Former England rugby captain Owen Farrell has returned to the Premiership after Saracens paid a reported €200,000 fee to release him from his French contract. The British and Irish Lion left Saracens at the end of last season having removed himself from possible England selections over his mental health. But having signed for Parisian giants [...]
Neal’s Yard Dairy: Profit fell before £300,000 cheddar heist June 16, 2025 Profit at London cheese specialist Neal’s Yard Dairy fell in the year before it fell victim to a £300,000 cheddar heist. The southwark-based company hit the headlines in October 2024 when fraudsters posing as legitimate wholesalers received the 950 clothbound cheeses from the business before bosses realised they were a fake firm. At the time, [...]
DWF: Sir Nigel Knowles to retire as new CEO named June 16, 2025 Sir Nigel Knowles, the chief executive of legal services giant DWF, is to step down from the role after five years, it has been revealed. The CEO will retire from the position he has held since May 2020 on 1 August but will remain with the firm as a senior advisor. He will be succeeded [...]
Costain shares jump after Peel Hunt, Panmure raise target price June 16, 2025 Shares in Costain jumped as much as 10 per cent in early London trade after raised price targets from analysts at both Peel Hunt and Panmure Liberum. The London-listed construction company’s target price was upgraded to 150p from 135p by Peel Hunt and to 170p from 150p by Panmure Liberum. The firm unveiled a £10m [...]
FTSE 100 shrugs off Israel-Iran strikes June 16, 2025 The FTSE 100 was unmoved by simmering tensions in Israel and Iran, despite reports that the UK was scrambling to send fighter jets, and conflict in the Middle East was on the brink of a significant escalation with US involvement. The UK’s leading index was up 0.2 per cent after the first hour of trading, [...]
UK house prices drop as motivated sellers slash asking prices June 16, 2025 UK house prices dipped in June amid a jump in the number of homes coming to the market. New asking prices fell by 0.3 per cent to £378,240 in June amid a “decade-high” competition to secure buyers, according to Rightmove’s latest house price index. Prices are now 0.8 per cent ahead of this time last [...]
Metro Bank shares soar after takeover interest from Shawbrook owner June 16, 2025 Shares in Metro bank boomed as markets opened on Monday after reports the high street lender had been approached for a takeover. The FTSE 250 bank’s stock was up nine per cent to 122.00p during early trading. On Friday, shares closed at 112.2p, giving it a market capitalisation north of £750m. This follows private equity [...]