Legal & General: Profit jumps as international growth pays off August 6, 2025 Asset management and insurance giant Legal & General has reported steady growth across all business arms as it continues its international growth plans. The company recorded a six per cent increase in core operating profit for the first half of 2025 after recording steady growth across all three of its business arms. Core operating profit [...]
What’s next for River Island as it enters ‘last chance saloon’? August 6, 2025 River Island will face its last chance to restructure its flagging finances this Thursday at the High Court, with the retailer set to fall into administration as early as September if the plan is not allowed. This follows months of uncertainty over the company’s future as customers increasingly turn away from middle-market, bricks-and-mortar stores. “River [...]
Pandora confirms customer data stolen in data breach August 5, 2025 Pandora has become the latest retailer to fall victim to a cyber attack after a spate of companies were targeted earlier this year. The premium jeweller confirmed the attack on August 5, telling customers that “some customer information was accessed through a third-party platform that we use”. “Only very common types of data were copied [...]
Domino’s: Higher employment costs and slowing sales dampen profitability August 5, 2025 New store openings at Domino’s have been lower than expected as it franchisees struggle with lower profitability in a tough market. Just 11 stores have been opened in the year to date, with new openings in the full year expect to be in the mid twenties as franchisees becomes “cautious… given increased employment costs,” Domino’s [...]
Ordnance Survey: Financial services firms help boost sales to new record August 5, 2025 Profit at Ordnance Survey has slipped despite its revenue jumping to almost £200m during the historic company’s latest financial year. The Southampton-headquartered business, which traces its roots back to the reign of George III, has posted a pre-tax profit of £17.6m for the 12 months to 31 March, 2025, down from the £22m it achieved [...]
Hawes & Curtis: Profit continues to fall at Dragons’ Den star’s brand August 4, 2025 Profit at Hawes & Curtis, the retailer owned by Dragons’ Den star Touker Suleyman, has shrunk for a second consecutive year despite rising sales. The London-headquartered fashion brand has posted a pre-tax profit of £3.7m for 2024, new accounts filed with Companies House show. That figure compares to the £4.7m it reported for 2023 and [...]
Morrisons cuts over 3,600 jobs as profit passes £2bn August 4, 2025 Morrisons cut more than 3,600 jobs as it returned to profit for the first time since a private equity-backed takeover in 2021. The Bradford-headquartered supermarket giant has posted a pre-tax profit of £2.1bn for the 12 months to 27 October, 2024, new accounts filed with Companies House have revealed. The profit comes after Morrisons made [...]
Watches of Switzerland shares slump as Trump ups tariffs August 1, 2025 Watches of Switzerland saw its share price drop more than seven per cent in early trade as investors shied away from the effect of Trump’s sweeping new tariffs. On Friday morning, Trump announced a new tariff rate of 39 per cent for Swiss exports to the US – higher than the initial ‘Liberation Day’ tariff [...]
Charlotte Tilbury creates 150 jobs as profits spike August 1, 2025 Makeup, skincare and fragrance brand Charlotte Tilbury created 150 jobs as its profit jumped by more than a quarter during its latest financial year, it has been revealed. The London-headquartered business has posted a pre-tax profit of £18.3m for 2024, up from the £14.4m it achieved in the prior 12 months. New accounts filed with [...]
M&S cyberattack helps Next to beat expectations again July 31, 2025 High Street darling Next has said that good weather and the disruption to Marks & Spencer caused by its recent cyberattack has helped it to beat expectations yet again. The Lord Wolfson-run fashion group said full price sales were up over 10 per cent in the first half of this year, nearly £50m ahead of [...]