GKN owner Dowlais faces takeover by US competitor
GKN Automotive owner Dowlais Group has become the latest London-listed firm to receive a takeover offer from a US competitor. In a stock exchange announcement, Dowlais said that Michigan-based Americ
Naked Wines: Losses shrink but wine seller still has a way to go
Naked Wines has begun to stem its losses after a tough few years for the wine merchant, although the firm’s sales continues to shrink. The company told the London Stock Exchange this morning that it
United Utilities and Pennon to hike dividends in line with inflation as customer bills rise
United Utilities and Pennon Group plan to increase dividends as consumers grapple with significant bill increases over the next five years. The water firms on Wednesday both said dividends would rise
WH Smith: Travel drives growth ahead of possible high street exit
Revenue at WH Smith rose four per cent in the first half of the financial year, driven by growth in its travel stores as it prepares to exit the high street. Total travel revenue rose six per cent lik
AJ Bell: DIY investment platform’s business booms
AJ Bell saw assets under administration jump to £89.5bn by the end of 2024, as customers on the do-it-yourself investment platform surged eight per cent throughout the year. The trading platform’s
Breakfast and brunch fuel sales surge at pub giant Butcombe
A surge in customers ordering breakfast and brunch has helped sales surge at pub and brewing group Butcombe. The North Somerset-headquartered group has reported an increase in its total managed like-f
London’s top spot for super-prime property crowned
Belgravia has taken the crown as London’s most-sought-after super prime neighbourhood, home to more than a tenth of sales in the capital last year and overtaking Chelsea for the first time since 202
Year of the Snake: China faces ‘short term pain for long term gain’
As China welcomes in the new year today, markets are hopeful that the government’s strategy of ‘short term pain for long term gain’ is enough to push the Chinese economy to a new stage of develo
Cornwall hopes for tin mining revival as metals firm lands £56m injection
After the belts whirred to a halt and workers left Cornwall’s last operating tin mine for a final time in March 1998, a question was painted on its outer wall: “Cornish lads are fishermen and Corn
GB News challenge over breaking Ofcom broadcasting rules heads to High Court
GB News is seeking a judicial reviews to contest Ofcom's rulings over breaches of impartiality in broadcasts, including the presentation of State of the Nation by politicians