Hostelworld beats expectations thanks to Asia travel demand boom March 21, 2024 Online travel agency Hostelworld Group has traded ahead of expectations during the preliminary year, thanks to an increase in demand for travel in Asia.
Bensons for Beds still in the red as fewer customers visit stores March 15, 2024 Bensons for Beds cut its losses as sales passed £250m during its latest financial year, new detailed accounts have revealed.
Record pay day for Timpson family as group ‘far exceeds expectations’ March 14, 2024 The Timpson family paid themselves the largest dividend in the group's recent history after its financial performance "far exceeded our expectations".
UK supermarket giants launch £675m cartel lawsuit against fish farmers March 6, 2024 Several UK supermarket giants have bound together to launch a competition claim against different fish farmers, accusing them of operating a cartel-like operation. Asda, Iceland, Marks and Spencer, Ocado, Morrison, International Seafoods, Aldi and the Co-Op have all brought a lawsuit to the Competition Appeal Tribunal (CAT). The claims are against fish farmers, Seashore, Cermaq, [...]
London’s Big Law hires near record level despite recession March 5, 2024 Law firm partner hires in the first two months of 2024 ran at the second highest pace on record. According to data provided by legal recruiter, Edwards Gibson, there were 101 law firm partner moves in the first two months of this year, an increase of 7 per cent on the number of hires the [...]
Former Autonomy boss Mike Lynch settles data claim with SFO days before trial March 5, 2024 Mike Lynch, the former boss of software firm Autonomy, has settled his lawsuit with the Serious Fraud Office (SFO), days before the parties were due in court. Lynch filed a data lawsuit against the UK’s fraud agency at the end of January, ahead of his criminal trial in the US. According to his claim form [...]
Why are more boardroom executives checking into rehab? March 1, 2024 More boardroom executives are checking into rehab in recent years, according to the UK's only purpose-built addition clinic - this is why.
Spending on discounts rises four per cent as Brits do Valentine’s Day on a budget February 27, 2024 Consumers’ spending on offers increased by four per cent in February, worth £586m more than the same month in 2023, as Brits continue to seek out discounts despite cooling inflation.
Mike Lynch: Extradited businessman hires Boris Johnson and Man City’s lawyer Lord Pannick for SFO data fight February 21, 2024 Pannick was reportedly on £10,000 an hour during Boris's Partygate hearing, when treble-winners Manchester City hired him to fight financial fair play breach claims.
With UK dividends disappearing overseas, it’s time to resurrect employee ownership February 6, 2024 Promoting employee ownership is an opportunity to empower Brits and boost the economy, writes Bartek Staniszewski.