Burberry: Meet the new CEO charged with ‘rebalancing’ luxury brand as job cuts loom
Meet Burberry's new CEO, its fourth boss in a decade, charged with turning around beleaguered label as job cuts loom.
Use of Tiktok and Reddit for financial advice soars among Gen Z and Millennial investors
The use of Tiktok and Reddit for investment ideas from young investors has skyrocketed, as Gen Z and Millennials increasingly turn to social media for financial advice.
Natwest: UK government’s stake drops below 20 per cent as privatisation plan accelerates
The government has offloaded another chunk of its stake in Natwest today and taken its holding in the company below 20 per cent for the first time since the financial crisis.
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate
Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
Burberry shares nosedive as sales collapse and firm cancels dividend
Gerry Murphy, the chair of Burberry, described the results as “disappointing” and cited a “more challenging than expected” luxury market.
Investment platforms urge ‘radical’ ISA reform to unlock £30bn in UK market
The bosses of the largest investment platforms in the UK have called for a "radical" simplification of the ISA regime, arguing that reform could unlock £30bn to boost British equities.
Hawes & Curtis: Working from home prompts major pivot for brand owned by Dragons’ Den star Touker Suleyman
Hawes & Curtis, the formal menswear brand owned by Dragon's Den star Touker Suleyman, said it will focus more on casual clothing after seeing its profit dip last year, newly-filed documents have revea
Yell eyes ‘ideal customer’ as it sinks further into the red and cuts jobs
Yell, the digital marketing and online directory business, sunk further into the red during its latest financial year as it focused on "attracting and retaining customers who meet our ideal customer p
Cavendish slides to loss despite consistent growth
One of the City's newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Cavendish raked in £48m in revenue in the year ended March 31, up nearly fifty per
Village Hotels’ profit halved as 450 jobs created ahead of takeover
Village Hotels added more than 450 jobs but saw its pre-tax profit slashed in half in 2023 ahead of it being acquired by Blackstone, it has been revealed.