New boss says Heathrow a ‘national asset’ as losses narrow October 26, 2023 Heathrow Airport narrowed its losses significantly in the first nine months of the year, as passenger numbers rebounded from Covid-era lows.
Positive jobs growth overshadowed by late payments for UK small businesses October 26, 2023 Small businesses experienced slow sales growth and rising late payment times in the three months to September, despite increasing job growth.
Troubled used car seller Cazoo warns of ‘volatile’ demand as revenues halve October 25, 2023 Used car seller Cazoo's revenues halved in the third quarter amid a restructuring programme following years of share price struggle.
Limited edition whisky from The Scotch Malt Whisky Society has dropped October 25, 2023 The Scottish Malt Whisky Society turns 40 – and it has a special commemorative bottle that you will want in your collection.
Brandon Lewis: Former Tory chairman to join firm co-founded by sanctioned Russian billionaires October 25, 2023 Lewis will join the London-based firm, co-founded by billionaires Mikhail Fridman and Petr Aven, as an advisor.
Lloyds rides out end of interest rate spike with bumper profit October 25, 2023 Increasing competition was not enough to stop Lloyds from performing above expectations in the third quarter as the bank continued to benefit from a relatively benign credit environment. In the three months to September, pretax profit hit £1.9bn, more than triple the same period last year and slightly ahead of analyst expectations. Net interest income [...]
FTSE 100 close: London climbs as miners rise on China stimulus and Lloyds jumps into green October 25, 2023 London's FTSE indexes slipped slightly in opening trade as investors mulled results from two of the largest companies in the world last night.
Plus500: Shares jump as fintech firm closes in on higher targets October 24, 2023 Israeli fintech firm Plus500 said it was on track to hit a recently ramped up set of targets today after revenues rose over the summer on the back of a high-value customer boost.
Another London-listed firm heads for private hands in £100m sofa deal October 24, 2023 ScS, a sofa chain, is to go private after a takeover by an Italian furniture retailer - the latest firm to leave the London Stock Exchange
Businesses’ payroll bill to soar by £300m as London living wage increases October 23, 2023 Payroll costs in the capital are set to soar by over £300m as the London living wage increases by a tenth. Businesses signed up to the voluntary scheme will see their salary expenditure go up by £304,200,000 after the rate jumps from £11.95 an hour to £13.15 for 130,000 employees. Firms accredited include half the [...]