Chancellor Rachel Reeves today confirmed government backing for Heathrow Airport’s third runway. The announcement, outlined in a growth speech in Oxfordshire, followed a week of speculation that the
Greater Manchester has unveiled plans to grow its visitor economy to be worth £15bn by the end of the decade in a bid to be the go-to tourism destination in the UK outside of London. The new strategy
OpenAI has accused Chinese competitor DeepSeek of using its models to train the competing system, violating its property rights. The ChatGPT maker claimed that its new Chinese competitor employed a te
Asda has axed its price-matching scheme with Aldi and Lidl in a bid to stop “dancing to the tune of the discounters”, according to reports. The Leeds-based firm, which in January 2024 became the f
Virgin Wines delivered a strong Christmas trading performance and outperformed the wider market, although revenue remained flat year on year. Revenue increased by 6.7 per cent year-on year during the
GKN Automotive owner Dowlais Group has become the latest London-listed firm to receive a takeover offer from a US competitor. In a stock exchange announcement, Dowlais said that Michigan-based Americ
Naked Wines has begun to stem its losses after a tough few years for the wine merchant, although the firm’s sales continues to shrink. The company told the London Stock Exchange this morning that it
United Utilities and Pennon Group plan to increase dividends as consumers grapple with significant bill increases over the next five years. The water firms on Wednesday both said dividends would rise
Revenue at WH Smith rose four per cent in the first half of the financial year, driven by growth in its travel stores as it prepares to exit the high street. Total travel revenue rose six per cent lik
AJ Bell saw assets under administration jump to £89.5bn by the end of 2024, as customers on the do-it-yourself investment platform surged eight per cent throughout the year. The trading platform’s