Motorpoint: Used car supermarket returns to profitability after ‘most difficult year’ in its history
It reported retail volume growth of 17 per cent in the first half with "strong momentum" going into the next six months.
Selfridges: Saudi Arabia’s PIF invests in department store group
Saudi Arabia’s Public Investment Fund (PIF) is now a joint owner of the business behind upmarket department store chain, Selfridges, it has been confirmed. Thai investor Central Group has announced
Cosy Club owner Loungers reports strong growth amid new openings
Cafe and bar operator Loungers has said it delivered “like for like sales growth” of 4.7 per cent, amid a string of new hospitality openings boosting its portfolio. The Cosy Club, Loungers and Bri
FTSE 100 leader Vodafone and Google expand AI partnership
The agreement will mean Vodafone's customers in 15 countries - as well as partners in 45 more - will see additional storage, security features and AI assistance.
Ofwat orders water firms to pay £157.6m for missing performance targets
Water companies will have to pay a £157.6m penalty after missing key targets on reducing pollution, leaks and supply interruptions while customer satisfaction continues to fall, Ofwat has said. Not o
S&U fires barbs at regulator after motor finance probe dents profit
Specialist lender S&U fired another salvo at the Financial Conduct Authority (FCA) today as it blamed regulatory pressure for the “uninspiring performance” of its motor finance business in the fir
Oasis tickets and discounts ensure September spending doesn’t slide away
Retail sales in the UK have held up despite a dip in confidence, driven by widespread discounts and a spike in entertainment spending after Oasis‘ tickets went on sale. Consumer card spending increa
UK’s cash-strapped fintechs brace for buyouts as London IPOs stall
Amid a dearth of IPO activity, the UK's fintech sector is bracing for more consolidation as successful start-ups expand and established players fend off future rivals.
Social impact investors demonstrate ‘stability’ as market hits £10bn
Britain’s social impact investment market has “once again” grown, as investors show confidence within impactful investments, a new report has revealed. According to an annual assessment by one o
Meet the founder searching for the ‘holy grail’ of cancer treatment
Jennifer Sieg speaks with Hilmar Warenius about how his discovery of a new type of cancer treatment could be well on its way to revolutionising the pharmaceutical industry