Category : Search result: profit decline


Argos loses £223m as over 2,000 jobs cut

Argos reports a £223.2m pre-tax loss for the year, with over 2,000 jobs axed. The retailer blames a tough market and poor summer weather. Read the full analysis.

HP cuts 6,000 jobs in AI-driven restructuring

HP announces up to 6,000 job cuts by 2028 as it embraces AI technology. The restructuring aims to save $1bn annually while improving product innovation and customer service.

Tech Critic Explains Internet 'Enshittification'

Discover why the internet feels worse, from Amazon to Instagram. Tech critic Corey Doctorow explains his three-step 'enshittification' theory and what can be done to stop it. Listen now!

Copenhagen's Green Shift Warns Labour on Immigration

Copenhagen elects Green Left mayor as Danish model fails. Labour's immigration strategy faces crisis as progressive voters abandon centrist parties. Learn why chasing far-right voters backfires.

Asos cuts losses to £282m with AI fashion push

Asos reduces pre-tax losses to £281.6m while launching AI stylists to combat 12% sales decline. Discover how the retailer is tackling serial returners and discount culture.

Cinema Crisis: Why Audiences Are Staying Home

Despite hits like Wicked, UK box office earnings are at record lows. Explore the impact of streaming, endless sequels, and how Hollywood can revive the magic. Read our in-depth analysis.

Billionaire's Dating Advice Sparks Population Debate

Hedge fund billionaire Bill Ackman's viral pickup line 'May I meet you?' claims to solve population decline. Critics argue addressing social inequality would prove more effective than billionaire dating tips.

10-Minute Daily Habit Could Cut Dementia Risk

A care specialist reveals a simple 10-minute daily activity that could significantly reduce your dementia risk. Discover five easy ways to keep your brain sharp and healthy.

WH Smith CEO steps down after accounting scandal

WH Smith's chief executive departs immediately following a major accounting failure in its North American division that slashed profits and wiped nearly £600m from market value.

AI Bubble Fears Hit Stock Markets and Bitcoin

Global stock markets face sharp declines as AI bubble concerns intensify. Bitcoin loses 2025 gains while tech stocks enter correction territory. Stay informed with latest market analysis.

Whisper Films Founders Get £2.6m Dividend

Jake Humphrey and David Coulthard receive a bumper £2.6m payday as their production company, Whisper Films, posts record turnover and profit. Discover the financial details behind their success.

Neymar's Career Crossroads: The Final Chapter

As Neymar faces potential career-ending decisions, witnesses reflect on his dramatic journey from global superstar to uncertain future. Discover what's next for the Brazilian icon.

US Markets Struggle as Tech Stocks Decline

US markets face significant pressure as technology stocks lead declines. The Nasdaq falls sharply while Federal Reserve uncertainty continues to impact investor sentiment. Discover the full market analysis.

Oxford Instruments shares surge despite profit decline

Oxford Instruments shares jumped nearly 10% as the FTSE 250 firm recovered from early-year disruption. Revenue fell 7.9% to £185.5m, but strong order momentum and semiconductor sales boosted investor confidence.

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