Price rises help boost Colgate sales and profit July 23, 2025 Price rises helped the owner of the Colgate toothpaste brand boost its sales and profit in 2024 as it sought to mitigate the increase in costs. The UK arm of Colgate-Palmolve has posted a revenue of £362.3m for its latest financial year, up from the £334.3m it achieved in 2023. New accounts filed with Companies [...]
Swipe for baby: Behind the app hoping to revolutionise fertility treatments July 23, 2025 How much would you pay for a vial of sperm? It’s something not many people have to consider, but this question of cost is just one of the issues at the heart of the donation industry. In the UK, donors cannot be paid more than £45 per donation, and this is ostensibly to cover travel [...]
UK sanctions 25 targets in illegal migration crackdown July 23, 2025 The UK government has banned 25 people smugglers, fraudsters, and bankers in the first set of sanctions aimed at curbing illegal migration, putting pressure on countries across Europe and the Middle East to follow suit. The Foreign Office has disclosed the names of 24 individuals and one company it has accused of facilitating people-smuggling and [...]
Rolls-Royce banking on bespoke cars to attract super-rich July 23, 2025 Wealthy buyers seeking to personalise their new Rolls-Royce helped boost the luxury car brand’s profit in 2024 despite falling sales. The Hampshire-based business, which is owned by BMW, said its bespoke service reached a record level last year with a 10 per cent increase on average per car year-on-year. Rolls-Royce Motor Cars added the rise [...]
Regulator probes Deloitte over Glencore accounts July 23, 2025 The accountancy regulator announced this morning that it has launched an investigation into Deloitte over audits related to the energy giant Glencore.
OpenAI: ChatGPT maker’s UK earnings skyrocket July 23, 2025 OpenAI has raked in millions of pounds since the launch of artificial intelligence (AI) service ChatGPT in the UK, it has been revealed. The UK division of the US tech giant ended last year with current assets of £56.2m which included £42.4m in the bank and a further £13.7m owed by debtors, according to new [...]
Back to Starbucks: How Starbucks coffee shops are revitalising community-first third places July 23, 2025 In bustling cities and quiet neighbourhoods alike, Starbucks familiar green siren often signals more than just a caffeine stop. It represents that essential ‘third place’ – a reliable comfort zone bridging the gap between home and work, a space for quiet focus, friendly catchups, or simply a moment’s pause. But in a world where connection [...]
Business lender Shawbrook plots £2bn London IPO July 23, 2025 Shawbrook is lining up a London IPO in the second half of the year in a much-needed boost to the capital’s public markets. The business lender is pressing ahead with plans that target a valuation of as much as £2bn, according to the Financial Times. The firm’s private equity owners had been seeking an exit [...]
Heathrow: Earnings jump despite cost warnings July 23, 2025 Heathrow Airport’s earnings before interest, taxes, depreciation and amortisation (EBITDA) edged up by 0.8 per cent in the first half of the year compared to the first six months of 2024 despite fears energy bills and maintenance costs would deal a blow to its growth. The airport previously predicted a hit to its earnings, warning [...]
JD Wetherspoons: Sales overtake pre-pandemic levels July 23, 2025 Sales at JD Wetherspoon have overtaken pre-pandemic levels for the first time after a sluggish five years for the hospitality industry. Revenues at its 794 pubs have grown 5.1 per cent in the year to date, the company told markets this morning, putting growth at the chain above the industry average. “Sales volumes, which were [...]