Mediacom world news portal
Haleon, the owner of Panadol, Centrum vitamins and other brands, blames a poor cold and flu season for its first quarter revenues falling 2.2 percent to £2.9billion. Daily Express :: City and Business Feed
Read More »Business
Next shrugs off poor weather with forecast beating sales growth
High street bellwether Next shrugged off the cold and damp spring as it reported better-than-expected first quarter sales growth of 5.7 percent. Daily Express :: City and Business Feed
Read More »Card Factory to pay first dividend since Covid hit after profits soar
Cards and gifts retailer Card Factory is to pay its first dividend since the Covid-19 pandemic hit, after seeing its profits rocket and it repaid its debts. Daily Express :: City and Business Feed
Read More »One in five Brits want to start their own business or side hustle, study finds
A study of 2,000 adults found 22% are considering setting up their own business or side hustle in the next 24 months, with 40% wanting to be their own boss Daily Express :: City and Business Feed
Read More »Investment bank and mortgage woes weigh on Barclays
Barclays says that a slump in trading at its investment bank and sluggish mortgage demand has sent its first quarter pre-tax profits tumbling 12% to £2.3billion. Daily Express :: City and Business Feed
Read More »BHP buyout offer for Anglo American sparks London Stock Exchange exodus fears
Anglo American has received a $ 39billion takeover offer from Australian mining giant BHP, sparking fears that the London Stock Exchange could suffer an exodus of its biggest companies. Daily Express :: City and Business Feed
Read More »Falling baby formula sales dent Reckitt’s revenues
Consumer goods giant Reckitt’s first quarter revenues have dropped 4.6 percent to £3.7billion, after its US baby formula sales plunged due to resurgent competition there. Daily Express :: City and Business Feed
Read More »Higher costs and mortgage competition sends Lloyds Banking Group’s profits tumbling
Lloyds Banking Group’s first quarter pre-tax profits have slumped 28% to £1.6billion due to increased competition in the mortgage market and higher costs. Daily Express :: City and Business Feed
Read More »The AA’s profits plunge but breakdown giant’s boss insists progress is being made
The AA’s chief executive Jakob Pfaudler says that its financial health is improving, even though its annual profits before taxes tumbling 41 percent to £42million. Daily Express :: City and Business Feed
Read More »Heineken boosts takings as zero-alcohol beers a resounding success
Demand for zero alcohol beers and higher prices helped boost first quarter revenues at Heineken by 7.2 percent to €8.2billion , with volumes also increasing around the world. Daily Express :: City and Business Feed
Read More »