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News

  • October 9, 2024

Rio Tinto to buy chemical firm Arcadium Lithium in deal worth billions

Rio Tinto is set to acquire the chemical producer Arcadium Lithium in a $6.7bn (£5.12bn) deal. The multinational mining behemoth announced the all-cash transaction this morning and called the acquisi

  • October 9, 2024

Netflix: Record profit after password sharing crackdown

A crackdown on password sharing in the UK helped profit at Netflix surged to a new record in 2023, it has been revealed. The London-headquartered division has reported a pre-tax profit of £60.6m for

  • October 9, 2024

Revolution Beauty eyes return to growth in early 2025 after sales tumble

Revolution Beauty expects a return to sales growth early next year as the troubled makeup brand makes progress on a strategy to turnaround its fortunes.

  • October 9, 2024

Live shopping platform backed by new Topshop owner expands into the UK

Live shopping tech company Sprii, which is backed by the new owner of Topshop, has announced plans to expand into the UK, with over half of its marketing budget earmarked for Brits. The company, which

  • October 9, 2024

CMC Markets: Lord Cruddas’ firm set for big jump in profit amid ‘sustained’ client activity

Costs are expected to be around seven per cent lower than last year thanks to "disciplined cost management", which should help the firm return to profit.

  • October 9, 2024

Marston’s in ‘strong’ position as pub chain outperforms market

Pub operator Marston’s has reported sales growth ahead of the wider market and said its profit this year will be in line with expectations. The FTSE-listed firm told markets this morning that total

  • October 9, 2024

Pasta Evangelists: From ‘pasta le disaster’ to £40m turnover

After conquering London's pasta takeaway scene, Pasta Evangelists has set its sights on the restaurant industry.

  • October 9, 2024

Vertical Aerospace: Battersea to Heathrow in 10 minutes?

Imagine a future where a taxi from Central London to Heathrow took little more than 10 minutes? That's the goal of Bristol-based Vertical Aerospace.

  • October 9, 2024

Channel 4 reports record loss as advertising troubles persist

Channel 4 has reported a challenging year, amid a "tough cyclical TV advertising downturn", but said this is beginning to stabilise.

  • October 9, 2024

KPMG and Natwest put the CBI back in business

Companies renew their memberships to CBI offering hope for the firm's continuation

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