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.
Hedge fund Rokos Capital Management sees a key London partner exit following significant losses. Discover the impact on the firm and the wider London financial scene.
Senior figures at the newly merged law giant A&O Shearman shared a £43.3m payout in the year following its creation. Discover the financial details and strategic implications.
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.
A mother was left paralysed after her abusive partner severed her spinal cord when she said she was leaving him. Robert Easom, described as a 'violent bully', will be sentenced in February.
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.
RBC Capital Markets strengthens its European healthcare division with key hires as Mayer Brown announces 36 partner promotions globally. Discover the strategic moves shaping finance and legal sectors.
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.
International law firm Weil promotes four London lawyers to partner in 17-strong global promotion round, strengthening corporate and litigation practices.
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.
Global law firms Ashurst and Perkins Coie are restructuring partner compensation as their groundbreaking merger progresses. Discover how this strategic move will reshape the legal landscape.
A gold pocket watch belonging to Titanic victim Isidor Straus has sold for a record £1.78m, becoming the most expensive piece of Titanic memorabilia ever sold. Discover the tragic love story behind the artefact.
Two senior capital markets partners depart Ashurst for Baker McKenzie, marking significant recruitment win for the global firm's London practice.
Xbox Partner Preview delivers surprising hits including Vampire Crawlers spin-off and multiple Game Pass day-one releases. Read the full breakdown of all announcements.
Latest gaming news covers Xbox Partner Preview reveals, Switch 2 first year review, and concerns about rising hardware costs due to AI demand. Join the discussion.
Morrison Foerster strengthens London private equity practice with HSF partner hire. Strategic move signals growth in competitive legal market.
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.
Paul Weiss recruits veteran M&A lawyer Francesca Harris from Kirkland & Ellis, strengthening its London corporate practice. Discover how this move reshapes the legal landscape.
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.
Parenting guru Gina Ford warns prioritising children over partners risks relationships. Writer Polly Hudson passionately disagrees, arguing parental love naturally puts kids first. Read the compelling debate.
Saudi Arabia's massive oil profits create climate action paradox as desert kingdom faces extreme heat threats while blocking global fossil fuel phaseout.
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.
Following a Guardian advice column, we explore the impact of international relocation on relationships. Share your story of moving countries for a partner.
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.