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.
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.
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.
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.
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 strategy faces criticism as energy department's pragmatic licensing clashes with Treasury's windfall tax, creating uncertainty for jobs and investment.
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 boosts profit outlook despite softening UK retail market. Discover how strong management drives success in challenging economic conditions.
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 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.
UK housebuilder Crest Nicholson announces 100 job cuts and profit warning following challenging market conditions and government property tax changes. Full analysis inside.
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 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's massive oil profits create climate action paradox as desert kingdom faces extreme heat threats while blocking global fossil fuel phaseout.
Taylor Wimpey's shares fell over 3.5% as its CEO blamed challenging market conditions on uncertainty ahead of the UK Budget. Sales and order book values have dropped significantly.
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.
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.
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.
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.
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.
Retail giant Marks & Spencer reports profits more than halved after sophisticated cyber attack disrupts operations and forces costly recovery measures.
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 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 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.
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.
Europe's largest budget airline reports staggering profit surge driven by higher ticket prices and strong summer demand, with passenger numbers hitting new heights.
Energy giant Shell reports staggering £43 billion profits as production hits unprecedented levels in Brazil and Gulf of Mexico operations, reshaping global energy markets.
Global markets surge as Trump and Xi announce major trade breakthrough, sending oil prices skyrocketing and triggering a rally across London's FTSE 100.
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.
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.
As US investment banks celebrate resurgent 'animal spirits' and soaring profits from revived M&A and IPOs, their European counterparts watch from the sidelines, missing out on the lucrative post-pandemic deal frenzy.