New Look losses shrink despite dip in sales November 12, 2019 New Look narrowed its losses in the first half of the year, despite a decline in sales caused by the ongoing challenges facing the UK high street. The figures The retailer reported that its statutory loss before tax was £11.2m, compared to a loss of £41.9m in the first half of last year. Revenue fell [...]
Mr Kipling owner Premier Foods increases profit November 12, 2019 Shares in Mr Kipling owner Premier Foods soared this morning after the company reported an increase in profit and revenue in the first half of the year. Premier Foods’ stock was up 8.28 per cent to 36.11p as it announced the relaunch of Mr Kipling cakes and sales of Nissin noodles had helped it post [...]
Experian shares surge as revenue rises to $2.5bn November 12, 2019 Consumer credit giant Experian today posted revenue growth of seven per cent for the first half of 2019, with profit growing to $480m from $470m in 2018. Revenue grew to $2.5bn in the period, up from $2.36bn in 2018. Read more: Experian posts 2019 profit rise helped by global growth The information services group narrowed [...]
Global payments platform Finablr posts 20 per cent earnings rise November 11, 2019 Global payments platform Finablr posted earnings of $182.3m (£142.2m) for the year to date this morning, up 22.1 per cent year on year. The company’s margin for the year to date was 15.6 per cent. Read more: Travelex-owner Finablr profit rise bolsters shares above float levels The group also announced a number of commercial partnerships [...]
General Election 2019: How do I register to vote? November 9, 2019 Everything you need to know about how to vote in the upcoming general election on Thursday 12 December. Who is eligible to vote in the general election? To vote you must be 18 or older on the day of election and a UK, Irish or qualifying Commonwealth citizen. You must also be a resident in [...]
Keep an eye on these shares during General Election November 8, 2019 The UK is holding a general election on 12 December. All the political parties are keen to return discussion to domestic policies after years of neglect because of Brexit, but the UK’s proposed departure from the EU will continue to dominate the debate. Still, whichever party wins (or parties, if it results in a hung parliament) [...]
The legacy of the Berlin Wall is the city’s thriving tech scene November 8, 2019 Tomorrow marks the thirtieth anniversary of the fall of the Berlin Wall, arguably the most symbolic political moment of the post-war twentieth century. On 9 November 1989, tens of thousands of people flooded across a barrier that had divided ideologies for 28 years. The German capital was transformed. Anniversaries like this are important because they [...]
Revealed: The 50 fastest growing tech companies in the UK November 8, 2019 Firms based in London dominate a new ranking of the 50 fastest growing tech companies in the UK. Fintech bank Revolut took poll position as the technology firm with the quickest revenue expansion in the index, compiled by audit firm Deloitte. Read more: Gocardless and Transferwise join forces for global recurring payments service Revolut racked [...]
Founder Masayoshi Son calls Softbank’s staggering loss ‘a mess’ November 6, 2019 Softbank founder Masayoshi Son has called the Japanese company’s disappointing results “a mess” and admitted a “problem” with his judgement, after the tech investment giant swung to an operating loss for the first time in 14 years. The group reported a $6.4bn quarterly loss this morning, driven by soured bets on tech prospects including Wework [...]
Tory chairman James Cleverly defends ‘fake news’ clip of Labour’s Brexit strategy November 6, 2019 Tory chairman James Cleverly has denied that a clip of Labour’s shadow Brexit secretary was edited to suggest the party has “no plan” for leaving the EU. James Cleverly defended the use of the clip of Sir Keir Starmer’s appearance on Good Morning Britain, saying it was not “doctored”. Read more: Most Brits are left [...]