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News

  • August 5, 2024

Firmdale: Record year for luxury London and New York hotel group amid expansion plans

Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.

  • August 5, 2024

Legal & General bags extra £150m for affordable homes drive as housing crisis worsens

Legal & General has secured an extra £150m for its UK affordable housing drive, pushing total its total pot to £280m.

  • August 5, 2024

Richard Mille: Luxury watch brand hands out huge pay day as sales success eyed

Luxury Swiss watch brand Richard Mille has issued a huge dividend and hinted that 2024 will be another year of sales success.

  • August 5, 2024

Senior: Rolls-Royce partner reports dip in profit amid Boeing 737 Max setbacks

The FTSE 250 aerospace and defence supplier said operating profit and pre-tax profit had fallen, despite booming demand for travel worldwide.

  • August 5, 2024

Prada hails ‘outstanding’ UK sales amid luxury struggles

The UK arm of Prada has hailed its "excellent" and "outstanding" performance despite the wider slowdown in luxury sales.

  • August 5, 2024

Life sciences firm hVIVO cancels Euronext listing to focus on London

The cancellation, set to take effect on 2 September 2024, will remove hVIVO's shares from the Euronext Growth index.

  • August 5, 2024

Ritz Paris: Profit slashed despite US popularity at Al-Fayed-owned luxury hotel

Ritz Paris, the luxury hotel owned by the Al-Fayed family, saw its profit slashed during 2023 despite sales jumping thanks to its continuing popularity among US visitors.

  • August 5, 2024

FTSE 100 and European stocks plunge amid fears of US recession

London's FTSE 100 has fallen to its lowest level since April as a global market rout triggered by fears of a US recession continued into a new week.

  • August 5, 2024

Regional REIT: Boost to bottom line as it looks beyond emergency capital raise

Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net rental uplift since the start

  • August 5, 2024

Air Astana eyes China routes after record passenger traffic

Some 4m passengers flew with the London-listed airline over the last six months, up 14.6 per cent year-on-year.

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