Ann Summers slips further into the red as sales dip
Ann Summers slipped further into the red as it battled “significant external pressures” including the cost-of-living crisis, rising inflation and Google’s safe search restrictions. The retailer
Antofagasta: Copper miner’s profit jumps amid booming demand
Mining giant Antofagasta has reported a five per cent increase in revenue for 2024, driven by higher copper prices, although growth was partially offset by lower sales volumes. The group posted revenu
Holiday Inn owner IHG boosts dividend and buyback amid continued growth
Holiday Inn owner IHG has announced the purchase of its 20th brand and a boost to shareholder returns as it benefits from the revived travel market. IHG has soared as travel has returned after the pan
HSBC shares hit 20-year high ahead of results
HSBC’s share price rallied to a 20-year record on Tuesday morning, hitting pre-financial crisis highs. The FTSE 100 lender is due to post its annual results tomorrow morning, which will mark its fir
Thames Water restructuring plan approved by High Court
Thames Water’s restructuring plans have been approved by the High Court, giving the beleagured utility a lifeline to avoid temporary nationalisation. The UK’s biggest water supplier had been set t
Barclays and Natwest drop climate targets from executive bonuses
Banking giants Barclays and Natwest will both drop climate targets from their annual bonus schemes for senior executives. The move reflects a wider shift underway in the corporate world, removing a f
Barclays shares near post-financial crisis high
Shares in Barclays closed in on a post-financial crisis high on Tuesday morning. The stock has surged higher over the past 12 months due to improved investor sentiment towards the banking sector thank
“LEAP 2025, leading the way in AI Investments”
Inside Saudi Board Sir Martin Sorrell is the founder of S4 Capital, whose wholly owned subsidiary Monks is a marketing and services model with a key focus on AI. It has thousands of digital experts wo
Club L London almost triples in size as it targets international expansion
Fashion retailer Club L London is targeting international expansion after almost tripling its sales and headcount over a two-year period. The Manchester-headquartered company achieved a turnover of £
Plus500 announces new buyback as investment plans pay off
Revenue at the fintech trading platform rose six per cent year-on-year to $768.3m (£609.3m) thanks to a six per cent increase in trading income.