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The Savoy Hotel’s losses widen as it sheds jobs and starts major renovation project

The Savoy Hotel has reported an increased pre-tax loss of £19.6m for 2024, up from…

By Staff

Lloyds Banking Group boosts motor finance provisions by £800m, shares rise despite regulatory challenges

Lloyds Banking Group announced on Monday morning that it would set aside an additional £800m…

By Staff

Shawbrook confirms £50m IPO plans for London Stock Exchange November listing

Specialist lender Shawbrook has announced plans to initiate an Initial Public Offering (IPO) on the…

By Staff

William Hill owner confirms 200 shop closures as industry faces budget uncertainty

William Hill is considering the closure of 200 of its UK betting shops as parent…

By Staff

Channel 4 sets streaming records in the UK, secures expansive content deal with UKTV

Channel 4 has become the UK's fastest-growing major streaming platform, outpacing rivals such as Netflix…

By Staff

Zilch CEO Philip Belamant teases unique offering for fintech IPO market amid new product launches

The chief executive of consumer payments platform Zilch has vowed to deliver something "never seen…

By Staff

Treasury ‘lobbied to block China audit’ as questions mount over collapsed espionage trial

The Treasury pressured Prime Minister Keir Starmer's national security adviser, Jonathan Powell, to suppress reports…

By Staff

Lloyds Bank set to increase motor finance provisions after FCA redress scheme update

On Thursday morning, Lloyds Banking Group announced that it would "likely... be required" to increase…

By Staff

NatWest bolsters venture banking team with strategic hires to support UK tech scale-ups

NatWest has reinforced its commitment to the UK's high-growth and innovation economy with two key…

By Staff

Hedge funds bet on Domino’s Pizza share price fall, making it UK’s most shorted company

Despite launching a significant buyback to bolster its share price last month, Domino's Pizza, the…

By Staff