By Calum Muirhead Updated: 08:41 BST, 19 October 2023 BT will start selling smart fridges and gaming consoles to boost sales and raise the profile of EE. EE, the FTSE 100 firm’s retail division, will begin offering a range of household electronic products from next year, including gaming consoles, laptops, and cameras. This move puts …
Whitbread lines-up £300m share buyback as profits soar The firm said it received a boost from constrained supply in the UK hotel sector Whitbread declared profits rose to £293m for the six months ending August Trade was supported by the continued recovery in leisure and business travel By Harry Wise Updated: 10:35 BST, 18 October …
Serco Secures £350m DWP Contract for Disability Benefits Health Assessments Outsourcing giant Serco has been awarded a five-year contract worth £350 million by the Department for Work and Pensions (DWP) to assist with the assessment of disability benefit claimants. The contract, set to commence in September 2024, will involve delivering functional assessment services (FAS) in …
Shares in Shell reached a historic high as oil prices remained strong above $90 amidst ongoing conflict in the Middle East. The value of Britain’s most valuable company increased by 1.1%, or 28.5p, to 2750.5p, making it worth £183 billion. Shell’s gains coincided with oil prices stabilizing above $90 a barrel after a 7.5% surge …
Marks & Spencer (M&S) is undertaking an ambitious recruitment drive to hire 10,000 temporary workers for the upcoming Christmas season. This year, the retailer is anticipating high demand and aims to bring on board 40% more temporary staff than last year. M&S cited its investment in staff hours to enhance customer service on the shop …
LIVEBUSINESS LIVE: Audioboom targets profitability; ITM Power to enter US market; UK growth prospects improve LIVEBUSINESS LIVE: Audioboom targets profitability; ITM Power to enter US market; UK growth prospects improve The FTSE 100 is up 0.3 per cent in early trading. Among the companies with reports and trading updates today are Audioboom and ITM Power. …
Burberry Pays TfL £200k for ‘Confusing’ Bond Street Rebrand Luxury brand changes name of London tube station during fashion week Freedom of Information request reveals sum paid to Transport for London Payment is a small fraction of Burberry’s annual revenues of £3 billion By Calum Muirhead Updated: 12:38 BST, 15 October 2023 Luxury goods brand …
British firms lose out on VAT-free Chinese shopping spree By City & Finance Reporter Updated: 21:50 BST, 15 October 2023 London’s global rivals cashed in on VAT-free shopping during a major Chinese holiday this month, with the UK missing out due to its hated tourist tax. China’s eight-day annual Golden Week festival from October 1 …
Europe’s Biggest Defence Firms Experience Soaring Success Amid Ongoing Wars BAE Systems Seeing 10% Increase in Shares Saab, Rheinmetall, Thales, and Leonardo Also Witness Similar Gains Stocks of These Companies Have Risen by 93% to Over 200% Since the Start of 2022 By City & Finance Reporter Updated: 21:52 BST, 15 October 2023 Europe’s biggest …
Chinese banks could dominate global energy projects as European rivals face net zero pressure European banks fear regulatory backlash for funding fossil fuel projects Santander under pressure to avoid investing in shale gas ECB warns of fines if banks don’t address climate change risks By John-paul Ford Rojas In Marrakech Updated: 12:46 BST, 15 October …