Transport Strikes Hit London & The Hospitality Yet Again April 24, 2024 London’s hospitality sector, already reeling from a series of walkouts by ASLEF and TSSA members in April, faces further challenges with a new wave of proposed strikes in May. ASLEF train drivers across the UK have announced a rolling programme of strikes planned from 7th May to 9th May together with drivers not working overtime [...]
Muji owed up to £85m ahead of being rescued out of administration April 24, 2024 The European arm of Japanese retailer Muji collapsed into administration owing up to £85m before a rescue deal was agreed, it has been revealed.
Warpaint London expands into Superdrug and Boots as revenue leaps 40 per cent April 24, 2024 Warpaint cosmetics has reported a 40 per cent rise in revenue for the year ended 31st December, helped by the launch of its products in New Look and Superdrug stores.
Buzzbike completes funding round after e-bike subscription demand soars sevenfold April 23, 2024 Buzzbike has announced the completion of its latest funding round after it saw a sevenfold rise in demand for its e-bike subscription service.
FTSE 100 closes at new record after breaching all-time high April 23, 2024 "This positive showing is exactly what’s needed to help repair the reputation of the UK stock market," Russ Mould, investment director at AJ Bell said.
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.
Natwest shareholders approve proposal to buy back 15 per cent of shares from government April 23, 2024 Natwest shareholders have approved the bank's proposal to buy more of its stock from the government to accelerate its privatisation, potentially leaving the Treasury with fewer shares to offer retail investors.
JD Sports picks up US retailer as stateside focus increases April 23, 2024 JD Sports has proposed to buy US-based sportswear retailer Hibbett for around $1.08bn (£880m), creating a business worth £4.7bn in North America.
FTSE 100 closes at new record but misses out on all-time high April 22, 2024 The FTSE 100 set a new record closing price at the beginning of the week, although it fell narrowly short of its all-time intra-day high set last February.
London-listed CBD and vape CEO suspended over insider trading allegations April 22, 2024 The boss of London-listed Chill Brands has been suspended over allegations of insider trading, the firm announced this morning.