Revolut readies for India launch in 2025 amid aggressive expansion September 17, 2024 Revolut is planning to launch in India next year, targeting top-tier consumers in the world’s most populous nation as part of aggressive expansion efforts. The London-based banking app is eyeing up a slice of India’s lucrative fintech market, which serves millions of consumers within its growing middle class who previously had limited access to financial [...]
Headlam hit with £16m loss as Brits cut home improvement spending September 17, 2024 British flooring specialist Headlam has endured a tough six months, blaming a drop in home improvement spending as the key factor behind a sharp fall in revenue. The London-listed firm saw its revenue slide by just under 12 per cent year-on-year for the six months to June 2024, with UK sales down 11 per cent [...]
Sales Director – City AM September 16, 2024 About THG We’re a fast-moving, global technology group that specialises in taking brands direct to consumers. We’re home to a portfolio of leading brands and sites including Myprotein, ESPA, LOOKFANTASTIC, and Cult Beauty, all of which are powered by our fully integrated digital commerce ecosystem, THG Ingenuity. We handle everything in-house, including technology, content creation, [...]
Companies need to boost employee pensions says IFS September 16, 2024 Approximately 30 per cent to 40 per cent of private sector employees will have individual incomes in retirement that fall short of standard benchmarks, the IFS said.
Deliveroo: Boss Will Shu in £15m pay day after selling millions of shares September 16, 2024 The chief executive and co-founder of Deliveroo has received a pay day of almost £15m after selling more than 9m shares in the London-listed company. Will Shu has disposed of 9.4m shares worth £14.8m between 12 September and 16 September to “cover personal property investments”. Following the sell off, Shu retains 95.8m shares in Deliveroo. [...]
Brazilian clubs have always exported footballers. Now they’re importing them too September 16, 2024 The flow of footballers between Brazil and Europe has historically tended to be something of a one-way street, with the cream of Latin American talent lured across the ocean by the promise of superior wages, historic clubs and the most prestigious competitions. In recent transfer windows, however, there have been signs of change. Teams in [...]
UK at risk of losing out on Unilever ice-cream float September 15, 2024 The UK is at risk of losing out on a key deal for London because it hasn’t appointed an investment minister, according to a former Barclays chairman. Gerry Grimstone, who also worked as investment minister at the Treasury from 2020-2022, said that Labour’s lack of focus on boosting the UK’s stock market may see Unilever’s [...]
Over two-thirds of employees are stressed by work, survey finds September 14, 2024 Work is the third biggest cause of stress for UK employees, after lack of sleep and money worries, according to new research.
Itsu: Return to the office helps boost sales September 13, 2024 The move by companies to encourage their workforce to return to the office helped sales jump at East Asian-inspired eatery chain Itsu during its latest financial year. The London-headquartered company has posted a turnover of £160.7m for 2023, up from the £137.7m it achieved in 2022. Newly-filed accounts with Companies House also show the brand’s [...]
Abigail’s Party review: Mike Leigh drama brought sensually to life September 13, 2024 Abigail’s Theatre at Stratford East Theatre – ★★★★☆ In Mike Leigh’s early play Abigail’s Party, almost nothing happens: even the titular shindig takes place next door. Instead, saucy old soak Beverly – impeccably, outrageously played by a sensual and sozzled Tamzin Outhwaite – has gathered a smattering of neighbours for a far more intimate soiree. [...]