Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
Brickability: Construction suppliers’ profit slides by a third on housing market woes July 16, 2024 Chair John Richards said Brickability had continued to "demonstrate resilience and deliver a robust financial performance."
Wise books another quarter of strong growth as firm rolls out new partnership in Brazil July 16, 2024 Overall, the group said underlying income for the three-month period grew 22 per cent year-on-year to £325.4m. Deposit balances expanded 23 per cent year-on-year, while "card and other revenue growth" came in at 55 per cent.
With wage growth set to fall, the Bank of England should cut rates in August July 16, 2024 Wage growth remains stubbornly high despite the rise in unemployment and fall in hiring. However, this is not a signal for the Bank to hold off on cutting interest rates, Chris Dorrell argues
FTSE 100 today: London markets braces for caution ahead of UK inflation data July 16, 2024 Asian shares dip on China's slowdown, bitcoin rise; Asian currencies weaken against strong dollar. Eyes on Bank of America's earnings.
Goldman Sachs reaps rewards from dealmaking rebound as profit doubles July 15, 2024 Other major US banks have already reported a substantial increase in revenue from the traditionally volatile sector.
Budget cuts see profit slashed at production firm behind BBC’s The Responder July 15, 2024 The Freemantle-backed production company behind programmes including Channel 4's Big Mood and The Responder for the BBC has seen its profit slashed in half amid "budgetary pressures" on UK television channels, according to newly-filed documents.
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate July 15, 2024 Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
Village Hotels’ profit halved as 450 jobs created ahead of takeover July 15, 2024 Village Hotels added more than 450 jobs but saw its pre-tax profit slashed in half in 2023 ahead of it being acquired by Blackstone, it has been revealed.
The Notebook: Want a good night’s sleep? Forget sheep, count your piggy banks July 15, 2024 Susannah Streeter takes the notebook pen to talk retail investors, the travel market and how to get a good night's sleep.