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News

  • July 9, 2024

Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy

Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not expected to pro

  • July 9, 2024

Lovehoney profit slashed in half as Brits cut back on adult toys

Adult retailer Lovehoney has seen its profit slashed in half as cash-strapped customers bought fewer sex toys, newly filed documents have shown.

  • July 9, 2024

Savills: ‘Maturing’ build-to-rent market needs staggering £300bn to meet demand

The build-to-rent sector needs a total of £300bn of investment if it is to meet future levels of demand even after the sector has begun to emerge as "a mainstream investment in the UK", Savills has w

  • July 9, 2024

Barratt becomes one of the most hated shares in the UK despite Labour bounce

Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressur

  • July 9, 2024

Mulberry makes surprise chief executive change amid luxury spending struggles

The luxury brand has suffered this year as wealthy shoppers continued to slow their spending.

  • July 9, 2024

Lloyd’s of London insurers Beazley, Hiscox and Lancashire are takeover targets, analysts say

Lloyd's of London insurers are expected to be the subject of takeover interest, analysts have said, following news that foreign rivals are circling London-listed Hiscox.

  • July 9, 2024

Amazon workers begin vote on historic union ballot

More than 3,000 staff at Amazon's Coventry site are taking part in the vote, which will last until July 13. The result is expected two days later.

  • July 9, 2024

Reeves will be more hands on with the economy than the last Chancellor

Reeves's endorsement for adopting an industrial strategy is a radical break from the past, Chris Dorrell writes

  • July 9, 2024

Indivior shares plunge after US move and profit warning

Indivior lowered its annual adjusted operating profit forecast and shares in the company plunged.

  • July 9, 2024

John Deere’s UK profit triples as sales soar by almost £100m

The UK arm of John Deere tractors has almost tripled its profit as demand soared for its iconic green farm machinery, according to newly-filed documents.

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