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Burberry set to re-enter FTSE 100 in major milestone after share price doubles
By City AM
The luxury brand fell out of the FTSE 100 in its September quarterly reshuffle last year after its share price dropped nearly 75 per cent in 16 months
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Wetherspoons boss warns prices 'certain to rise' following national insurance hike
Food and Drink
Sir Tim Martin has criticised "modern politicians" as businesses prepare for tax increases
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Vitality reports £168k loss despite revenue boost to nearly £1bn in 2024
By City AM
The health and life insurer has posted a loss before income tax of £168,000 for the 12 months to 30 June, 2024, after having achieved a profit of £37.9m in the prior year.
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BAE Systems forecasts more than £30bn in sales in 2025
By City AM
The defence giant said it expects sales to increase by seven to nine per cent on an annual total of £28.3bn in 2024
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Thames Water's rescue plan approved by High Court - saving it from temporary nationalisation
By City AM
The Ƶ's biggest water supplier had been set to run out of money by 24 March without a £3bn loan from its creditors, amid debts of more than £19bn
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Ann Summers reports £13.1m loss amid inflation and Google search challenges
By City AM
The lingerie and sex toy retailer's turnover has also taken a hit, newly-filed accounts show
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Anglo American presses ahead with demerger of platinum business
By City AM
The mining giant said it would seek shareholder approval at its 30 April annual general meeting for the split
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London small businesses hit record low confidence, FSB report reveals
By City AM
According to a new report by the Federation of Small Businesses (FSB), London small firms' confidence levels fell to 62.6 in the fourth quarter of 2024
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Airbus to build Ƶ satellites for Armed Forces in bid to boost space surveillance
Armed Forces
The system is being designed and built in Britain and could support some 200 jobs
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Gender pay gap means women have 'worked for free' in 2025
Employment
Pay disparity between men and women remains "stubbornly high", the report TUC said
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Nikon's profit falls by half as it admits demand is waning
By City AM
The division of the Japanese giant has reported a pre-tax profit of €13.5m (£11.2m) for the 12 months to 31 March, 2024, according to newly-filed accounts with Companies House.
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Data centre demand fuels growth at warehouse giant Segro
By City AM
Warehouse giant Segro has seen pre-tax profits surge with its portfolio value increasing to £17.7 billion
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Heathrow unveils multibillion-pound investment and confirms third runway plan
Federation of Small Businesses
The airport's investment will see upgrades to capacity at Terminals 2 and 5 alongside the third runway investment, as well as new local transport connections and infrastructure built to support the airport's sustainable energy targets
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Timber and fencing firm rebrands as owner marks 80 years in business
South West
The company says it is 'business as normal' and that 'nothing has changed' apart from its name
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Virgin Atlantic and IAG lead call for urgent reform at Heathrow amid escalating passenger fees
By City AM
Heathrow has become the world's most expensive airport over the last 15 years and airlines are calling for change - but the airport says it makes 'little sense'
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BT announces recruitment of over 600 apprentices and graduates across the Ƶ
BT
Roles will be available in areas including cyber security, software engineering and customer service
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Somerset filter manufacturer expands HQ amid growing demand
Somerset
Jasun Envirocare employs more than 200 people at its sites in Bridgwater and Waterlooville
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Ritz Hotel's financial woes deepen with £75m losses since 2019, despite Qatari ownership
By City AM
The five-star hotel, which was acquired by Qatari tycoon Abdulhadi Mana Al-Hajri from the billionaire Barclay brothers for around £700m in March 2020, has not turned a profit since 2019
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Average Ƶ house price hits new record high
Housing
Halifax said there was a 'strong demand' for new mortgages and growth in lending
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Compass Group boosts global presence with £800m in M&A, driving robust revenue growth
By City AM
The FTSE 100 food service group reported 9.7 per cent organic revenue growth in North America, 8.4 per cent in Europe, and 7.9 per cent in the rest of the world
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Bank of England expected to resume interest rate cuts
Economy
Most experts predict a quarter point reduction to 4.5%
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Sadiq Khan launches London nightlife taskforce to ask if Amy Lamé should be replaced
By City AM
The Mayor of London has launched a new nightlife taskforce which will be led by fabric nightclub founder Cameron Leslie - it will be advising on the future of nightlife in the capital
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Champneys luxury spa group sees £8.4m losses for third year in a row
By City AM
Champneys, which has been heavily used by A-list celebrities including the likes of Brad Pitt, Kate Moss, Daniel Craig and Anthony Joshua, has posted a pre-tax loss for the third year in a row
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Somerset nuclear medicine and radiotherapy firm snapped up
Deals
The deal will see Shepton Mallet-based Xiel become part of London-headquartered MIS Healthcare
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