Fancy coloured diamonds boosts sales at Boodles December 4, 2024 Revenue has increased significantly at Boodles, the historic jewellery retailer, thanks to a rise in demand for white and fancy coloured diamonds. The family-run business, which was founded in 1798, said revealed its trading in the year to 28 February, 2025, has so far been “encouragingly strong” and showing a “significant increase” in revenue and net [...]
How Games Workshop worked its magic to join the giants of the FTSE 100 December 4, 2024 Games Workshop is officially set to battle its way into the FTSE 100 later this month for the first time in its history, cementing its place as a titan of the City. The Warhammer maker is now the 85th biggest listed company in the UK, guaranteeing its spot in London’s main index and eclipsing household [...]
Gail’s Bakery to open 35 new locations amid £500m sale talks December 3, 2024 Gail’s Bakery is planning to open 35 new locations across England during its current financial year as it considers a £500m sale. The London-headquartered business opened 21 in its latest 12 months – a period which also saw its revenue surge from £181.7m to £231.7m. Newly-filed accounts with Companies House for the year to 29 [...]
Shein: Why the FCA is unlikely to block a blockbuster listing December 3, 2024 The boss of the Financial Conduct Authority (FCA) has insisted he is not the regulator of “every aspect of corporate behaviour” amid growing concerns over plans for the fast fashion retailer Shein to float on the London Stock Exchange. Nikhil Rathi, chief executive of the FCA, said it is not within the regulator’s power to [...]
Lord Mayor urges Starmer to ‘unleash the City’ December 3, 2024 The government is facing fresh calls to accelerate its reform of City rules and stem the “exodus” of cash away from London’s markets, as the new Lord Mayor last night urged ministers to develop a more supportive tax and regulatory environment. In his first major speech since becoming Lord Mayor in November, Alastair King urged [...]
The City needs to fall in love with risk again December 3, 2024 Back in March, in a meeting room somewhere in the labyrinth of offices that makes up the Square Mile’s political headquarters at the Guildhall, the General Purposes Committee of Aldermen and the Communications and Corporate Affairs Sub Committee met to consider a report on a potential area of focus for a potential new Lord Mayor [...]
How I crafted the perfect recipe for my multimillion-pound biscuit brand December 3, 2024 Building a successful business takes a focussed mind and a steady hand - but can you have both?
Lord Mayor criticises ‘misalignment’ of tax in call to unleash the City December 2, 2024 The Lord Mayor of London will rebuke the government for a “misalignment” in its fiscal policy tonight as he calls for ministers to “look again” at a tax on share trading and incentivise investors to back London Stock Exchange-listed companies. In his first major speech since becoming Lord Mayor in November, Alastair King will urge [...]
Topps Tiles hits back after major shareholder calls out ‘costly blunders’ December 2, 2024 Topps Tiles has hit back after a major shareholder called for an overall of its top team and strategy following a series of “costly blunders”. The London-listed company has issued a statement in the wake of the managing director of Austrian investment company MS Galleon, Piotr Lipko, writing to Topps Tiles’ chair Paul Forman last [...]
‘Losing faith’: Just one in four bosses has confidence in government December 2, 2024 Just one in four bosses has confidence in the government to deliver economic growth, in a sign firms are “losing faith” in ministers’ strategy. A London Chamber of Commerce and Industry (LCCI) snap poll found 81 per cent of business leaders said they were not confident the government will address firms’ concerns. While 77 per [...]