For a company that has a habit of under-promising and over-delivering, the market has shown disappointment at Next’s downgraded sales guidance for its current financial year. It’s not to say… The post Next downgrades guidance appeared first on London Business News | Londonlovesbusiness.com.
Brent Crude oil at $122 per barrel is going to be a tough one for businesses to stomach as energy costs go through the roof. The cost of running factories,… The post Oil prices continue to rise appeared first on London Business News | Londonlovesbusiness.com.
The foreign secretary Liz Truss today announced that the UK has imposed sanctions on 65 more Russian people and businesses in order to cut off”vital industries fuelling Putin’s war machine”.… The post UK slaps sanctions on 65 more Russian people appeared first on London Business News | Londonlovesbusiness.com.
The chancellor today announced that the government will raise the threshold for the amount people earn before they pay National Insurance. “From this July, people will be able to earn… The post Sunak raises National Insurance threshold appeared first on London Business News | Londonlovesbusiness.com.
Chancellor Rishi Sunak told the Commons today that “over time I want to go further”, but says tax cuts must be paid for. However, by 2024, he says the OBR… The post Sunak says basic rate of tax to be cut appeared first on London Business News | Londonlovesbusiness.com.
Saudi Aramco is increasing its capital investment budget for 2022 to around $45 billion, compared to analysts’ consensus expectations of around $36 billion, as it recycles higher profits into efforts… The post Western oil majors yet to ramp up capex despite higher crude prices appeared first on London Business News | Londonlovesbusiness.com.
Centricus, the London-based global investment firm, confirm their official bid for the acquisition of Fordstam, the parent company of Chelsea FC. Centricus sees this as an opportunity to make a… The post Centricus confirms Bid for Chelsea FC appeared first on London Business News | Londonlovesbusiness.com.
Burger King’s Russian operator has refused to shut its 800 restaurants, according to the parent company. It comes after Burger King’s owner Restaurant Brands International (RBI) last week announced it… The post Burger King owner claims Russian partner won’t shut restaurants appeared first on London Business News | Londonlovesbusiness.com.
The boardroom at JD Wetherspoon might need a few reasonably-priced drinks to steady some nerves right now as it looks at the current economic backdrop. On the one hand a… The post JD Wetherspoon faces costs challenge appeared first on London Business News | Londonlovesbusiness.com.
It looks like someone might bring an end to Ted Baker’s horrific time as a listed company. US private equity group Sycamore is weighing up an offer, perhaps drawn to… The post NYC private equity giant circles Ted Baker appeared first on London Business News | Londonlovesbusiness.com.
