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Diageo faces profit plunge and high costs despite Guinness sales surge

Profits at FTSE 100 behemoth Diageo have tumbled well below forecasts as elevated expenses batter…

By Staff

BP shares jump despite profit and revenue hit in first half of 2025

Despite a dip in profit and revenue for the first half of 2025, BP shares…

By Staff

London cocktail chain Simmons enters administration after closing four sites

Simmons, a London-based cocktail chain, has entered administration and announced plans to close at least…

By Staff

Close Brothers shares rocket as bank wins Supreme Court finance case

Close Brothers' shares soared as trading commenced on Monday, following the bank's victory in a…

By Staff

Dishoom sold to firm backed by LVMH in mega deal for popular UK restaurant chain

Dishoom has commanded a valuation of roughly £300 million following a strategic investment partnership with…

By Staff

Bank of England to cut interest rates but faces dilemma over future policy decisions

Leading economists have suggested that the Bank of England is unlikely to indicate accelerated interest…

By Staff

McDonald’s UK doubles profit to £120m in 2024 despite job cuts and competition

Profits at McDonald's UK division nearly doubled in 2024 despite slashing more than 2,000 roles,…

By Staff

Heathrow tables ‘shovel ready’ plans for new third runway after rival bid submitted

Heathrow's senior management have submitted their proposal to oversee the hub's long-awaited third runway expansion…

By Staff

Anglo American revenue takes hit as Donald Trump’s trade war dents turnover

Anglo American's revenues have suffered as tariff chaos undermined trading conditions for the mining giant.…

By Staff

Heathrow: Billionaire launches rival bid to run airport’s third runway expansion

The battle to oversee Heathrow's multibillion-pound third runway project has intensified after a challenger confirmed…

By Staff

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