Primark earnings jump despite weather hit
Budget retailer Primark has seen annual earnings jump by more than 50 per cent in spite of an early summer weather hit to sales. Owner Associated British Foods reported a 53 per cent rise in operating
Weir Group equipment orders surge as cost-cutting continues
Mining specialist Weir Group saw group original equipment orders rise 15 per cent in the quarter, with the first positive original equipment orders growth since the first quarter of last year. The FT
As America votes, can US democracy survive without a WaPo endorsement?
The US election has given rise to a huge number of divisive, potent and important debates. For many people, regardless of whether they even have a vote in this race, the contest has raised questions a
MPs plan to question Shein boss as firm eyes London IPO
A cross-party group of MPs will call in Shein’s boss to comment on the risk of forced labour in fast-fashion supply chains, according to committee chair Liam Byrne. The House of Commons business sel
Workers’ rights package is ‘overdue and welcome’, says Ella’s Kitchen founder
The government’s workers’ rights overhaul contains positive measures that will allow financially sustainable businesses to flourish, one of the UK’s leading entrepreneurs has said, calling for p
Terry Smith’s £23bn fund falls out of favour after Magnificent Seven misstep
Terry Smith’s £23bn equity fund has once again fallen off a list of the UK’s most-bought investment vehicles after failing to cash in on the performance of the ‘Magnificent Seven’ tech stocks
Womenswear firm Sosandar signs homewares agreement with Next
Sosandar, the women’s fashion retailer, has signed a capex-free licensing agreement with Next for a homeware range. The licensing agreement, which requires no capital expenditure for Sosandar, will
Approval nears for £15bn Vodafone and Three merger
A range of investments have been proposed by the competition watchdog which, if accepted, would lead to the £15bn merger between Vodafone and Three being finally completed. The Competition and Market
Balfour Beatty wins £575m contract to rebuild major interstate highway in Texas
Balfour Beatty has won a contract valued at more than half a billion to rebuild part of Interstate 35, the major Interstate Highway running through central US, in Texas The deal, valued at £575m and
TP ICAP: Revenue jumps to record
Inter-dealer broker TP ICAP has reported a ten per cent bump in revenue for the three months ended 30 September 2024. Overall group revenue for the period was £557m. Rates, its largest and most profi