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Unilever profits fall as sales grow ahead of ice cream arm demerger
By City AM
Turnover at the consumer goods giant, which owns brands such as Dove, Colman's and Persil, was €30.1bn
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Klarna secures º£½ÇÊÓƵ banking licence to take on Monzo and Revolut
By City AM
The buy now, pay later firm has been granted regulatory approval to offer savings accounts to its 11 million º£½ÇÊÓƵ customers, with a debit card on the horizon
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Taylor Wimpey shares fall as costs to fix combustible cladding hit profits
By City AM
The number of houses built in the first half of 2025 totalled 5,264, up from 4,728 last year, the company told markets this morning.
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Santander º£½ÇÊÓƵ's strategic overhaul leads to job cuts and branch closures
By City AM
The bank said provisions for other liabilities and charges were up 74 per cent to £249m driven by "higher transformation related charges". The lender listed losses and provisions as rising 119.8 per cent to €340m (£296m)
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Revolut mulls China launch as fintech giant faces º£½ÇÊÓƵ regulatory hell
By City AM
Revolut is considering a move into China as the fintech giant battles regulatory issues closer to home in a bid to become a fully fledged bank in the º£½ÇÊÓƵ
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Rathbones sees profit fall as it warns on first-half market turbulence
By City AM
Rathbones has reported a decline in profit over the first six months of the year, as market turbulence in the first quarter took its toll on the FTSE 250 wealth manager
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HSBC profit plunges 29% amid China business write-downs, missing market forecasts
By City AM
The FTSE 100 listed global bank saw its pre-tax profit come in at $6.3bn (£4.72bn) in the three months to May 31, down from $8.8bn a year ago and below analyst expectations of $6.99bn.
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Anglian Water agrees to £68m redress package for regulatory breaches, vows environmental improvements
By City AM
The water company, which serves over six million customers in the East of England, also failed to put in place "adequate processes" to identify and address emerging and present risk, Ofwat noted
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Camera giant Canon sees º£½ÇÊÓƵ losses almost triple as performance lags behind expectations
By City AM
Canon º£½ÇÊÓƵ has reported a pre-tax loss of £14.4m for the 12 months to 31 December 2024, according to new accounts filed with Companies House
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Astrazeneca sees demand for cancer drugs soar as it mulls US listing
By City AM
Total revenue rose 11 per cent to $28bn (£12.98bn) in the first half of the year, driven by double-digit growth in Oncology and BioPharmaceuticals, the pharmaceutical giant told markets this morning
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Everyman shares rise after luxury cinema chain reports profit growth
By City AM
Everyman, which has 48 venues across the º£½ÇÊÓƵ, said this morning that revenue in the first half of 2025 rose 21% to £56.5m
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Shell's profits to suffer due to price volatility and weak chemical demand
By City AM
The FTSE 100 energy giant is set to report lower profits for the three months to June 30 as it continues to battle volatile oil prices and weak demand for chemicals
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Wood Group likely to agree takeover by Middle Eastern firm Sidara
By City AM
The new wave of interest from abroad in snapping up º£½ÇÊÓƵ assets has continued, with engineering and consulting firm Wood Group likely to recommend a takeover by Middle East-based Sidara
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Hovis and Kingsmill breadmakers set for historic £75m merger after months of talks
By City AM
Allied Bakeries, which owns Kingsmill, and Hovis could benefit from up to £50m of annual cost savings from a merger, with the former's parent company, Associated British Foods, set to acquire the latter for £75m
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Christian Dior º£½ÇÊÓƵ sales fall despite demand for watches and jewellery
By City AM
The luxury fashion brand's London-based division has seen its revenue and pre-tax profit decline, despite an uptick in demand for its watches and jewellery.
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London sushi chain Wasabi sheds over 100 jobs as profits slump
By City AM
Wasabi - which has 33 locations in London - has reported a pre-tax profit of £2.2m for 2024, according to new accounts filed with Companies House
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Wayfair slashes º£½ÇÊÓƵ workforce by 52% in two years as online sales take a hit
By City AM
The US homewares and furniture seller's º£½ÇÊÓƵ operation had a headcount of 405 at the end of 2024, compared to 587 in 2023 and 847 in 2022, it has been revealed
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Christie's London showroom rebounds with £919.4m in sales for 2024, led by modern art
By City AM
Christie's posted a 12 per cent rise in sales for the year to December 31 2024 after its º£½ÇÊÓƵ arm reported a 21 per cent slump in sales in 2023, with turnover down by 10 per cent
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Rightmove profits rise as estate agents upgrade marketing packages
By City AM
The FTSE 100 property firm posted a 10 per cent rise in revenue and operating profit in the first half of 2025 as more estate agents upgraded marketing packages amid renewed market activity
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England's Premiership rugby clubs' finances revealed as sport faces stark warning over future
Business of Sport
Business Live analysis of Companies House data found every single side in the league in the red in the last financial year
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Reckitt Benckiser upgrades revenue outlook after 'strong' first half
By City AM
The consumer goods giant said it had a "strong first half performance" after implementing a "significant simplification drive" last year - and said there was "much work to do"
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Clifford Chance's profit soars to £944m, partners earn £2.1m each
By City AM
The 36% increase in profit, up from £693m in the 2022/23 financial year, is the third consecutive year of growth for the London-based firm
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VodafoneThree merger boosts º£½ÇÊÓƵ operations with significant revenue growth
By City AM
The deal has created the º£½ÇÊÓƵ's largest mobile operator and delivered a double-digit boost to local revenues in the first quarter
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Swatch relocates London HQ to Canary Wharf, embracing new office trends
By City AM
The watches and jewellery manufacturer has signed a five-year lease for 9,500 sq ft at the Sierra Quebec Bravo building in Canary Wharf, relocating from Dockside Road
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