Pearson’s stock price falls after revenue slowdown
Academic publisher Pearson saw its stock price fall almost three per cent in early trading after reporting a slowdown in quarter-on-quarter organic growth. “Pearson’s transformation from being an
Luxury stocks boom as Richemont kicks off reporting season with a bang
Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive sea
Young’s: Pub chain in ‘great shape’ after Christmas despite Budget burden
Young & Co have reported an excellent Christmas trading period, with optimism abound despite a higher cost burden for the hospitality sector this year. The pubs-and-rooms operator, which has around 22
Savills: End of work from home drives recovery in office property market
International property services company Savills has predicted a strong commercial property market this year driven by cheaper financing, the sustainability agenda and workers’ return to the office.
Domino’s Pizza gobbles up sales in Central Europe
Increased hunger for pizza across Poland and Croatia helped sales jump at the owner of Domino’s in both European countries, according to new figures. DP Poland, which runs Domino’s Pizza stores an
Robot hoovers on the menu as Premier Inn owner counts cost of Budget
Whitbread, the hospitality chain which owns Premier Inn, could see UK costs increase by more than £100m following the Autumn Budget. In a statement on the London Stock Exchange, the firm warned of gr
Wise: Fintech’s customers surge on back of payment deals boom
Customers at fintech platform Wise have jumped 20 per cent over the last year as the firm continues to make deals with top financial clients. In a quarterly trading update, the money transfer firm re
UK set for AI tech boost as millions of pounds injected after action plan
The UK’s artificial intelligence (AI) sector has received an average of £200m in private investment daily since July 2024, as global firms rally behind Starmer’s blueprint to turbocharge AI. In t
Wall Street banks JP Morgan, Citi and Goldman Sachs report bumper profit
Some of Wall Street’s biggest banks reported a surge in profit today on the back of a rebound in dealmaking and strengthening equity markets toward the end of last year. JPMorgan Chase, the US’s b
Topps Tiles investor stages revolt as shares nose dive
A major investor in Topps Tiles has staged a revolt against the retailer as its share price continues to nose dive towards a new historic low. Private equity firm MS Galleon used its near 40 per cent