The Ritz: Losses continue at iconic London hotel
London’s iconic Ritz hotel has now lost more than £75m since it last turned a profit, it has been revealed. The luxury London hotel has posted a pre-tax loss of £10m for 2023, accounts filed more
Motor finance: Close Brothers calls on magic circle law firm for court battle
Close Brothers has swapped in a top magic circle law firm for its Supreme Court battle to overturn the landmark motor finance test case.
Exclusive: Former GB News presenter Dan Wootton named as defendant in High Court claim
Former GB News presenter Dan Wootton has been named as the defendant in a claim filed at the High Court last month. Unusually for a High Court case, an anonymity order has been granted protecting the
What the Bank of England interest rate cut means for your money
Consumers need “careful financial planning in the months ahead” after the Bank of England cut interest rates on Thursday, wealth manager Quilter has warned. Financial planner at Quilter Holly Toml
‘The Round’: Huge Bankside wellness hub gets planning permission
Southwark Council has granted full planning approval for a major mixed-use scheme on Blackfriars Road in Bankside, central London. Real estate investor Hines will develop a “largely vacant” site i
Compass: Revenue surges as acquisition drive continues
Catering company Compass Group recorded organic revenue growth of 9.2 per cent last quarter, with all divisions contributing to growth. The FTSE 100 food service group reported 9.7 per cent organic re
Watches of Switzerland: Rolex retailer looks to Trump tax cuts to boost sales
Watches of Switzerland has expressed optimism about the European luxury market and noted momentum in the US, in the latest signs the global luxury market is beginning to recover from a two-year downtu
Babcock hikes guidance amid Skynet ramp up
Defence firm Babcock has hiked full-year guidance for revenue and profit as business in its Nuclear and Marine segments has boomed. The FTSE 250 group said on Thursday it expects underlying operating