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Temu UK’s revenue and profits soar as legal battle with Shein approaches

The UK branch of Chinese online marketplace, Temu, has seen its sales and profit nearly…

By Staff

PwC UK sees slight profit increase amid strategic headcount reductions and tech investments

Big Four heavyweight PwC UK has demonstrated a measured financial rebound, with turnover, profits, and…

By Staff

Inflation hits 3.8% as tax hikes see food price spike – and it’s set to get worse

Inflation reached 3.8 per cent in the year to August, according to official data, issuing…

By Staff

Nvidia to invest £11bn in UK AI with Europe’s largest GPU cluster by 2026

Nvidia is injecting up to £11bn into Britain's AI ecosystem in a development that will…

By Staff

GSK to invest $30bn in US over next five years in fresh blow to UK’s pharma sector

GSK has revealed a fresh strategy to invest $30bn (£22bn) in research and manufacturing infrastructure…

By Staff

London-based luxury gym club sees profits double after surge in membership

Third Space has announced profits more than doubled following an expansion drive that sparked a…

By Staff

Unite and Empiric’s student housing deal facing review by UK watchdog

A plan by the UK's largest student accommodation provider to take over a rival could…

By Staff

UK fintech SumUp plans London IPO amid Klarna backlash

British card reader company SumUp is contemplating a stock market flotation that could see it…

By Staff

Sandwich chain Pret A Manger ‘punished for having a UK focus’

Pret A Manger is facing penalties for concentrating on the UK market, which represents a…

By Staff

Sainsbury’s shares hit highest price in more than a decade after Argos talks

Shares in FTSE 100 supermarket behemoth Sainsbury's have rocketed to their highest level in over…

By Staff