London Big Bus Tours operator slashes loss as sales accelerate November 5, 2024 The group that operates London Big Bus Tours cut its pre-tax loss by more than $50m (£38.5m) during its latest financial year. Big Bus Tours Group has posted a pre-tax loss of $31m for the 12 months to 30 April, 2024, having made a loss of $82.4m in its prior year. Newly-filed accounts with Companies [...]
Wise shares boosted by Standard Chartered FX deal November 5, 2024 Wise has struck a deal with Standard Chartered for the lender to use its foreign exchange infrastructure for multi-currency money transfers in Asia and the Middle East. The partnership will see the emerging markets-focused bank integrate Wise’s tech to offer money transfers in 21 currencies. Wise’s share price rose 8.5 per cent in London on [...]
25% off for 25 years: British Airways Marks its Silver Anniversary at London City Airport with 25% off Flights and the Hospitality Industry Joins to Celebrate November 5, 2024 British Airways today marks 25 years of flying the UK flag to and from London City Airport. To mark this milestone, customers can enjoy up to 25% off selected winter city break routes such as Amsterdam, Rotterdam, and Nice together with 25% off London hotel stays. Customers booking flights before 11 November 2024, and travelling [...]
IWG buoyed by workers returning to the office November 5, 2024 Hybrid workspace platform International Workplace Group (IWG) has reported an uptick in revenue boosted by strong growth in its managed and franchised properties. Revenue grew by two per cent in the three months to 30 September, 2024, on a year-on-year constant currency basis, the company told markets this morning. The firm grew revenue at its managed and [...]
Coca-Cola Europacific sweetens dividend following Euros and Olympics November 5, 2024 Boss Damien Gammell said volume growth had been supported by "fantastic activiation" at the Euros and the Olympics.
Schroders shares plummet after investors pull £2.3bn November 5, 2024 Schroders, one of the largest asset managers in the UK, has reported a jump in outflows over the last quarter, sending its stock price plummeting more than 14 per cent this morning.
MPs plan to question Shein boss as firm eyes London IPO November 5, 2024 A cross-party group of MPs will call in Shein’s boss to comment on the risk of forced labour in fast-fashion supply chains, according to committee chair Liam Byrne. The House of Commons business select committee is finalising plans for an inquiry into employment rights in the workplace, which will, amongst other things, examine the risk [...]
Terry Smith’s £23bn fund falls out of favour after Magnificent Seven misstep November 5, 2024 Terry Smith’s £23bn equity fund has once again fallen off a list of the UK’s most-bought investment vehicles after failing to cash in on the performance of the ‘Magnificent Seven’ tech stocks, new analysis suggests. The Magnificent Seven refers to a group of US tech giants, including Alphabet, Meta and Nividia, that have seen stratospheric [...]
Driving Gen Z into the ground November 5, 2024 A shortage of driving tests and suggestions that young people should not be allowed to give their friends lifts are just the latest examples of the infantilisation of Gen Z, says Phoebe Arslanagić-Little In July 2024, there was not a single driving test to be had anywhere in London, at all. The best the DVSA [...]
The NHS will soon cost more than the GDP of New Zealand November 5, 2024 Spending on health and social care will hit £200bn by the end of this parliament – more than the entire economy of New Zealand – as Britain heads towards being a £1.5 trillion state, says Emma Revell New Zealand sounds, by all accounts, like a pretty sweet country. For a start, it is one of [...]