Meta’s stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress April 25, 2024 Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
Transport Strikes Hit London & The Hospitality Yet Again April 24, 2024 London’s hospitality sector, already reeling from a series of walkouts by ASLEF and TSSA members in April, faces further challenges with a new wave of proposed strikes in May. ASLEF train drivers across the UK have announced a rolling programme of strikes planned from 7th May to 9th May together with drivers not working overtime [...]
Warpaint London expands into Superdrug and Boots as revenue leaps 40 per cent April 24, 2024 Warpaint cosmetics has reported a 40 per cent rise in revenue for the year ended 31st December, helped by the launch of its products in New Look and Superdrug stores.
Buzzbike completes funding round after e-bike subscription demand soars sevenfold April 23, 2024 Buzzbike has announced the completion of its latest funding round after it saw a sevenfold rise in demand for its e-bike subscription service.
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.
Natwest shareholders approve proposal to buy back 15 per cent of shares from government April 23, 2024 Natwest shareholders have approved the bank's proposal to buy more of its stock from the government to accelerate its privatisation, potentially leaving the Treasury with fewer shares to offer retail investors.
JD Sports picks up US retailer as stateside focus increases April 23, 2024 JD Sports has proposed to buy US-based sportswear retailer Hibbett for around $1.08bn (£880m), creating a business worth £4.7bn in North America.
Chocolate and discount-loving Brits drive food inflation down for 14th straight month April 23, 2024 Grocery price inflation fell to 3.2 per cent over the four weeks to 14 April, marking the fourteenth monthly drop in a row, new figures by Kantar show.
Primark owner ABF raises dividend as markets ‘return to normality’ April 23, 2024 Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March.
THG: Growth continues after strong performance from beauty division April 23, 2024 THG, the owners of Cult Beauty and Myprotein, recorded strong revenue growth in the first quarter of 2024