Hotel Profits Fall as Costs Rise in UK and London
UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.
Category : Search result: annual profits
Thames Water profits leap as funding crisis looms
Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.
Peel Hunt profits jump 800% to £11.5m on deal rebound
London broker Peel Hunt reports an 800% profit surge to £11.5m, driven by a revival in corporate dealmaking. Discover the key figures and strategic outlook for the UK investment bank.
M&B profits jump 20% amid £130m cost pressures
Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth while facing £130m cost pressures from wage hikes and inflation. Discover how pub giants navigate economic challenges.
Labour's North Sea oil policy contradictions exposed
Labour's North Sea oil strategy faces criticism as energy department's pragmatic licensing clashes with Treasury's windfall tax, creating uncertainty for jobs and investment.
Pets at Home profits dive 33.5% in half-year results
Pets at Home reports 33.5% profit drop to £36.2m as retail business falters. Interim CEO announces urgent action needed to return to retailing roots. Read the full analysis.
B&Q Owner Kingfisher Raises Profit Forecast to £570m
B&Q owner Kingfisher boosts profit outlook despite softening UK retail market. Discover how strong management drives success in challenging economic conditions.
easyJet's new Stansted-Paris flights start 2026
easyJet announces new Stansted to Paris flights starting March 2026, alongside better-than-expected annual profits driven by package holiday demand. Book your seats now!
EasyJet profits climb as holidays sell well
EasyJet reports a 9% rise in annual profits to £665m, driven by strong demand for package holidays. Discover how popular destinations and strategic expansion fuel growth.
Crest Nicholson cuts 100 jobs amid profit warning
UK housebuilder Crest Nicholson announces 100 job cuts and profit warning following challenging market conditions and government property tax changes. Full analysis inside.
Banks Back in Budget Crosshairs for Tax Raid
Chancellor Rachel Reeves considers a bank surcharge hike despite competitiveness fears. The Budget U-turn follows record £50.3bn bank profits. Discover the implications.
Deutsche Bank Targets €2bn Cost Savings in New Strategy
Deutsche Bank CEO Christian Sewing announces ambitious turnaround plan targeting €2.5bn profit and €2bn cost savings by 2025, declaring the bank is 'fully back' after years of restructuring.
Saudi Arabia: $170K/minute oil profits vs climate
Saudi Arabia's massive oil profits create climate action paradox as desert kingdom faces extreme heat threats while blocking global fossil fuel phaseout.
Care providers make £256m profit in three regions
Private companies providing care services extracted £256m in profits across three English regions between 2021-2024, with over a third going to private equity and tax haven firms.
Legal sector defies headwinds with 4% headcount growth
UK legal firms show resilience with 4% headcount growth and rising partner profits, while navigating cyber threats and cautious AI adoption. Discover the sector's 2025 outlook.
Wise Profits Dip as US Listing Move Confirmed
London-based fintech pioneer Wise reports 22% profit decline amid strategic shift to US primary listing, raising questions about UK's appeal to tech giants.
Clearsprings Profits Plunge in Asylum Accommodation Crisis
Exclusive investigation reveals dramatic profit decline at Clearsprings Ready Homes, the billion-pound firm housing asylum seekers across Britain, amid growing controversy over accommodation standards.
M&S profits plunge 90% after cyber attack
Retail giant Marks & Spencer reveals devastating financial impact of cyber attack as annual profits nearly wiped out, dropping from £32.4 million to just £2.5 million.
M&S profits plunge over 50% after cyber attack
Retail giant Marks & Spencer reports profits more than halved after sophisticated cyber attack disrupts operations and forces costly recovery measures.
UK Farming Crisis: Third of Farmers Made No Profit
Shocking new data reveals nearly a third of UK farmers operated at break-even or loss in the past year, threatening Britain's food security and rural economy.
BP profits plunge 70% as oil prices retreat
BP reports staggering 70% profit drop as oil prices retreat from Ukraine war peaks. Discover how the energy titan is navigating market turbulence while maintaining shareholder payouts.
Ryanair profits soar 42% as CEO attacks Chancellor
Ryanair reports record €2.18bn annual profits while CEO Michael O'Leary blasts Chancellor Jeremy Hunt's economic policies as 'dismal' and 'miserable' for UK growth.
Salesforce UK profits surge 82% despite job cuts
Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.
Ryanair profits jump 42% on higher air fares
Europe's largest budget airline reports staggering profit surge driven by higher ticket prices and strong summer demand, with passenger numbers hitting new heights.
Top 10 Countries Where Workers Get Most Annual Leave
Discover which nations offer workers the most generous holiday allowances and see where the UK ranks in the global comparison of paid time off entitlements.
ABC exec paid £836k for 8 months during Lattouf sacking
Shocking pay revelation emerges as ABC's annual report shows massive executive compensation during controversial dismissal period. The disparity raises serious questions about public broadcaster spending.
Shell profits smash £43bn on Brazil and Gulf production surge
Energy giant Shell reports staggering £43 billion profits as production hits unprecedented levels in Brazil and Gulf of Mexico operations, reshaping global energy markets.
Trump-Xi Trade Deal Sends Oil Prices Soaring
Global markets surge as Trump and Xi announce major trade breakthrough, sending oil prices skyrocketing and triggering a rally across London's FTSE 100.
AI Bubble Fears Overshadow Tech Titans' Earnings
As Microsoft, Alphabet and Meta report impressive quarterly results, growing investor anxiety about an artificial intelligence bubble threatens to dampen the celebration. Discover why Wall Street is getting nervous about the AI gold rush.
Alphabet Smashes Records With £89.5 Billion Quarter
Google's parent company Alphabet reports another blockbuster quarter, with revenue soaring to £89.5 billion driven by AI breakthroughs and cloud computing dominance. Discover how the tech giant continues to defy market expectations.
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