After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Waterstones: Return to the office helps profit almost quadruple January 21, 2025 The return of employees to offices in major UK city centres helped profit almost quadruple at Waterstones during its latest financial year. The bookseller cited the trend of the return to work as a key factor in its pre-tax profit surging from £11.2m to £42.9m in the 12 months to 27 April, 2024. In newly-filed [...]
Stuart Rose is wrong: the world has moved on from the shop floor January 21, 2025 Stuart Rose has claimed that remote working is “not proper work”. That may make sense for retail but it’s wide of the mark when it comes to legal and financial services, says John Hayes Stuart Rose, the former head of supermarkets, Asda, Ocado and M&S and one of the most influential retailers of the past [...]
Davos 2025 is about growth, growth, growth. The UK must listen January 20, 2025 Despite struggles, the UK still has all the ingredients for growth. Davos 2025 is an opportunity to remember that, writes Chris Hayward.
‘Horrified’: All Saints founder slams Shein for fast-fashion practices January 18, 2025 The founder of British clothing brand All Saints has said he would be “horrified” if fast-fashion firm Shein is allowed to list in London, describing the Chinese-founded company as the “worst” offender in the sector. “Fast fashion really has changed the whole industry, because it’s now like a race to the bottom… The planet cannot [...]
What is driving the FTSE 100 surge? January 17, 2025 The FTSE 100 has hit a new all-time high today, with the index within touching distance of 8,500 for the first time. Since the start of the week, London’s main index has grown almost three per cent, outperforming the Nasdaq, the S&P 500, and the Dow Jones. The strong performance from the FTSE 100 came [...]
Superdrug hails record Christmas as sales surge January 17, 2025 Superdrug has hailed its Christmas trading as its best ever after sales rose by more than five per cent in the final weeks of 2024. The high street retailer said it was boosted by one gift set being sold every second throughout December. Own Brand top sellers included the Studio London Ultimate Brush Collection, the [...]
FTSE 100 hits all-time high as investors bet on interest rate cuts January 17, 2025 The FTSE 100 has hit a new all-time high this morning, surpassing the previous peaks it reached in spring last year, as investors ramp up their bets on an interest rate cut by the Bank of England next month. The value of London’s 100 largest listed companies has grown 3.2 per cent in the last [...]
‘The Silicon Beach dream was a lie’: Onbuy quits home with parting shot January 16, 2025 Technology company Onbuy has quit its home town of Bournemouth and hit out at the local council saying there is no support for the industry. Chief executive Cas Paton took to LinkedIn to announce the news that the business will now mainly operate from London and New York. He added that while Onbuy “will always” [...]
Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech January 16, 2025 Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?
Dunelm sales tick up but shares drop January 16, 2025 Homewares retailer Dunelm has reported solid trading results which were ahead of the wider retail market for the golden quarter. Investors weren’t convinced, however, and its share price dropped nearly four per cent in early trades. Sales at the Leicester-headquartered business grew 1.6 per cent to £490m in the 13 weeks to December 28 in [...]