Business Live - UK Business news, analysis & Thought Leadership
Deliveroo's latest results show how UK consumers are helping the group's growth. The food delivery company booked gross transaction value (GTV) of £1.78bn, up six per cent year on year in constant currency, as orders jumped to 71.1m, up from 69.7m in the year-ago period.
Asos reports revenue decline but sets stage for future growth with ...
4 hours ago · Asos has reported a significant decline in revenue, but maintains that its restructuring efforts have laid the groundwork for future growth. The e-commerce behemoth posted an operating loss of £331.9m for the year ending 1 September 2024, an increase of £83.4m from a loss of £248.5m in 2023, as reported by City AM.. Year on year, like-for-like revenue dropped by 16 per cent, from £3,538m ...
UK Competition Authority sets terms for Vodafone and Three's …
7 hours ago · The Competition and Markets Authority (CMA) has proposed a series of investments that could pave the way for the £15bn merger between Vodafone and Three to be finalised. The watchdog's suggestions include enhancing the merged entity's UK network, including 5G roll-out, and implementing short-term customer protections, as reported by City AM.
Nationwide takeover of Virgin Money to complete next week after …
Sep 27, 2024 · Virgin Money is set to be taken over by Nationwide Building Society (Image: Virgin Money) Nationwide Building Society’s £2.9bn takeover of Virgin Money is expected to go through next week after the deal was approved by a judge. Lawyers for the lenders secured the sanctioning of the deal at a specialist companies court in London on Friday.
Top 22 British women business leaders for 2022
Mar 8, 2022 · Hannah Baker. Laura Watson. Lauren Phillips. Clockwise from top left: Alison Rose, CEO Natwest; Sharon White, chair of John Lewis; Milena Mondini de Focatiis, CEO Admiral; Nisha Katona, founder Mowgli Street Food restaurants; Denise Coates, founder Bet365. Welcome to our list of 22 of the most prominent women leaders in business in 2022.
The 50 best UK companies to work for in 2023 - Business Live
Jan 12, 2023 · 50 best companies to work for in UK. 1. Bain & Company. Working at Bain & Company - 4.7. “Genuinely some of the finest people to work with, smart and empathetic in spades”. 2. ServiceNow. Working at ServiceNow - 4.7. “Exceptional innovation and world-class service, committed to diversity, sustainability, and employee welfare.”.
Firms predict turnover and profit boost despite challenging …
1 day ago · The Q3 report reveals 65 per cent of businesses expect to increase their turnover over the next 12 months - up from 58 per cent in Q2 - while 25 per cent expect it to remain constant and just ten per cent anticipate a decrease. And 57 per cent expect profitability to improve over the coming year, a two per cent increase on the previous quarter.
Manufacturing - News, analysis & advice - BusinessLive
Manufacturing. The Warwickshire-headquartered luxury car maker has reported a pre-tax loss of £12.2m for its third quarter, down from the £117.6m loss it posted during the same three-month period in 2022. Britain leads the world in advanced manufacturing, innovation, engineering and enterprise. Get the latest, most important UK manufacturing ...
Bank of England rate cut expected despite ‘fiscal loosening’ of …
1 day ago · More info. The Bank of England is expected to cut interest rates this week despite forecasts that Labour’s autumn Budget could lead to higher inflation over the coming year. Policymakers will announce the result of their November meeting on Thursday, where most analysts think they will trim the base rate by a quarter-point to 4.75%.
West Midlands - Business news, local news, expert opinion
West Midlands. The latest business news from the West Midlands covering Birmingham, Black Country, Coventry, Solihull, Staffordshire, Stoke-on-Trent and Warwickshire. The region's biggest employers include Aston Martin, bet365, Birmingham Airport, Jaguar Land Rover, JCB, HS2, HSBC UK, NEC Group and Portmeirion.