Titanic shipbuilder Harland & Wolff owed more than £160m when it collapsed into administration last month, it has been revealed. Teneo was appointed to oversee the process at the 162-year-old holding
Sainsbury’s has struck a deal to sell its Argos credit card portfolio for roughly £720m as the supermarket withdraws further from financial services to focus on retail.
Hospitality real estate group PPHE has reported strong growth driven by higher occupancy rates in central and eastern Europe. The LSE-listed company posted record revenue of €125.4m (£104.8m), an
Castore, the British sportswear brand backed by the likes of Sir Andy Murray and the billionaire Issa brothers, has slumped to a loss despite its sales jumping by £75m. The Manchester-headquartered b
Luxury department store chain Selfridges has lost more than £400m since it last made a pre-tax profit, it has been revealed. The business, which has UK stores in London, Birmingham and two in Manches
Microsoft and Meta stocks have tumbled in after-hours trading despite both tech giants posting better-than-expected results yesterday. Microsoft reported a 16 per cent revenue increase to $65.6bn (£5
Ocado has announced KKR senior advisor Adam Warby will succeed Rick Haythornthwaite as its chairman in December. As well as working for KKR, Warby also serves as chair of management consultant firm He
Hip and knee implant maker Smith & Nephew has cut its full-year guidance as it continues to grapple with a slowdown in China. It booked third quarter revenue of $1.4bn (£1.08bn), up four per cent yea
A bottling giant behind Coca Cola and other major soft drinks has upgraded its guidance due to double-digit growth driven by continued demand in emerging markets. Coca-Cola HBC said that organic reven
Consumer healthcare company Haleon has reported growth across all its categories and regions in its third quarter amid healthy toothpaste and mouthwash sales. In the three months ended 30 September,