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  • Elliott turns the page on London’s IPO drought with Waterstones listing plan

    December 18, 2025

    Elliott Management is preparing a multibillion-pound flotation of Waterstones and Barnes & Noble, with a listing expected next year and London edging out New York as the preferred venue. The US hedge fund has reportedly begun sounding out advisers ahead of a potential IPO, with banks likely to be appointed in early 2026. While no [...]

  • Brits’ disposable income shrinks in disappointing Golden Quarter

    December 18, 2025

    Brits feel far poorer now than they did at the start of 2025, with even high-income households downbeat about their financial prospects.  In January, people were four per cent more likely to say their pay had gone up rather than down, but Brits are now seven per cent more likely to have seen their pay [...]

  • How Christmas lights give London its sparkle

    December 18, 2025

    London’s festive lights, a tradition since 1954, are integral to the capital’s economic and social vitality, says Karen Baines When London switched on its first festive lights along Regent Street in 1954, few could have imagined how profoundly they would come to define the season. That gesture lit the way for a much-loved tradition that [...]

  • Cut interest rates, City AM Shadow MPC tells Bank of England

    December 17, 2025

    The Bank of England should cut interest rates by 25 basis points when it meets tomorrow, City AM’s Shadow Monetary Policy Committee has said in a three-way split decision.  In the face of the dual problems of high inflation and a continued jobs market decline, the majority of experts on City AM’s nine-strong Shadow MPC [...]

  • Profit triples at Cartier owner as UK sales rise

    December 16, 2025

    Profit has almost tripled at the UK arm of the luxury goods giant behind the likes of Cartier, Net-a-Porter and Montblanc, new results have revealed. Richemont UK has posted a pre-tax profit of £30m for the 12 months to 31 March, 2025, according to its latest accounts which have been filed with Companies House. The [...]

  • Timberland owner cuts UK jobs as sales slip again

    December 15, 2025

    Almost 100 jobs have been lost at the UK and Ireland arm of the retail giant behind the likes of The North Face, Vans and Timberland as its sales continued to fall during its latest financial year, it has been revealed. The division of VF Corporation, whose brands also include Eastpak, Kipling and Napapijri, cut [...]

  • Next eyes Russell & Bromley deal 

    December 13, 2025

    The high street giant Next is reportedly considering making an offer to invest in Russell & Bromley, the shoe retailer that said it was looking for a fresh cash injection.  It has been reported that the FTSE 100 company is among several possible parties interested in investing in the smaller retail brand. It is unclear [...]

  • Sumer Group, champions of SMEs, leading the way towards economic growth

    December 12, 2025

    They tackled Brexit head-on, survived Covid, coped with the impact of the war in Ukraine and battled rising costs.  The latest growth forecast from the Office for Budget Responsibility presents a further challenge with the OBR reducing their expectations for productivity growth by 0.3ppts to 1 per cent. In times of uncertainty these businesses have [...]

  • Leon to close sites and cut jobs as it enters administration

    December 10, 2025

    Fast-food chain Leon is set to enter administration, close a number of locations and cut jobs as part of a bid by its new owner to turn around the struggling chain. The company was bought back by co-founder John Vincent last month from Asda in a deal reported to be between £30m and £50m, well [...]

  • Castles Technology Strengthens Pacific Presence With New Melbourne Headquarters

    December 10, 2025

    New regional hub expands support for partners across the Pacific and reflects strong business growth in Australia and New Zealand

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