Hugo Boss: Profit slashed in ‘year of investment’ as sales dip from record high
Profit at the UK arm of Hugo Boss was slashed by almost 50 per cent in a “year of investment” as its sales fell back from a record high, it has been revealed. The London-headquartered arm has repo
Real Estate Investors: Property downturn ‘at or near the bottom’
"A normalising market backdrop will contribute to more rapid sales and debt repayment, allowing us to execute our strategy and return capital to shareholders, whilst continuing to pay a covered divide
Chip maker Alphawave’s profit slumps as spending surges
Shares in Alphawave Semi nosedived 37 per cent after the semiconductor company reported a drop in revenue and profit for the six months to 30 June amid higher spending. The London-listed company said
JCB issues warning despite sales hitting £6.5bn and profit surge amid housebuilding struggles
JCB reported a steep 44.5 per cent rise in pre-tax profit to £805.8m, despite wider struggles in the UK housebuilding market.
Pension giants ink £1bn build-to-rent deal
“We can see there’s a critical shortage of housing supply, coupled with increasing demand for high-quality rental homes,” said Elizabeth Fernando, chief investment officer at the workplace pensi
Train driver shortage concern fuels calls for ‘massive recruitment campaign’
Aslef general secretary Mick Whelan said a fifth of his union members are set to retire within the next five years.
REA raises Rightmove bid to £6.1bn as it slams ‘lack of engagement’
Australian property group REA has upped its takeover bid for Rightmove to £6.1bn, saying it is “genuinely disappointed” with the lack of engagement from the company so far. Earlier this month, Ri
The Notebook: On the lookout for common sense at Labour Party Conference
As Labour Party Conference kicks off, Matthew Elliott lays out what he is on the lookout for (including his favourite Liverpool pub).