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News

  • January 14, 2025

Innocent Drinks slashes loss after overcoming ‘challenging year’

Innocent Drinks has slashed its pre-tax loss after it recovered from a “challenging year”, it has been revealed. The London-based brand, which is owned by Coca-Cola, has reported a pre-tax loss of

  • January 14, 2025

Naked Wines CEO: How to choose the right bottle of wine

Meet the chief executive "fighting" to turn around Naked Wines, which enjoyed huge success during the pandemic but has been struggling since.

  • January 14, 2025

Chemring: British defence giant wins major US contract for missile radars

Chemring shares rose this morning after it unveiled a fresh deal with a US-based company for the supply of miniature radars. The four-year contract is valued at £26m, with production commencing at th

  • January 14, 2025

Home REIT: Beleaguered property fund value falls 60 per cent

Scandal-hit housing investor Home REIT has published its long-delayed 2023 annual results, revealing its property portfolio has been valued at just 40.7 per cent of its original purchase cost. The res

  • January 14, 2025

Nvidia data centre opens in London Docklands as Starmer launches AI action plan

London Docklands and Crawley will host some of Europe’s largest Nvidia AI platforms in two newly operational data centres, after Britain launched its’ AI Opportunities Action Plan this week New Yo

  • January 14, 2025

Card Factory: Shares ‘should rise rapidly’ after successful Christmas

Shares in Card Factory rose more than five per cent after the retailer reported festive growth ahead of the wider market. Revenue rose 4.7 per cent in November and December, driven by a higher average

  • January 14, 2025

‘We hope this is not goodbye’: Partridges to close iconic London store after 53 years

Independent family-run food store Partridges is to close its iconic London location after 53 years. The company is to shutter its fine food store in Duke of York Square, Chelsea, on 2 February. Partri

  • January 14, 2025

Surging gold price helps pawnbroker Ramsdens to record profit

Ramsdens has delivered a record profit thanks to the surging gold price and demand for its pawnbroking services. The retailer, which offers financial services as well as pawnbroking, told markets this

  • January 14, 2025

Lloyds Bank ties bonuses to office attendance

The Guardian reported that Lloyds is reviewing office attendance as part of its bonus targets for around 60,000 of its most senior employees.

  • January 14, 2025

BP reveals boss Auchincloss recovering after procedure as it signals weaker trading

Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a medical procedure as it signalled weaker end-of-year trading. Its scheduled ca

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