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Car dealer Vertu says that its annual pre-tax profits have risen by £2million to £34.6million, despite falling used vehicle prices during the second half hitting its margins. Daily Express :: City and Business Feed
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Tech group Raspberry Pi set to serve up London flotation
British low-cost computer hardware group Raspberry Pi is looking at a £500million flotation on the London Stock Exchange, with shares to be made available to both retail and institutional investors. Daily Express :: City and Business Feed
Read More »Royal Mail agrees to £3.5billion sale to West Ham United FC owner
Royal Mail owner International Distribution Services has agreed in principle to sell itself to Czech billionaire Daniel Kretinsky for £3.5billion. Daily Express :: City and Business Feed
Read More »De Beers to be spun off as Anglo American looks to fend off BHP
Mining giant Anglo American plans to spin off its diamonds arm De Beers, as part of its defences against at $ 43billion takeover bid from rival BHP. Daily Express :: City and Business Feed
Read More »Pizza boxes help lift sales at Greggs as iconic baker hits £693million
Greggs has had a strong start to the year, with its sales up more than 11 percent to £693million, thanks to demand for its pizza boxes and southern fried chicken goujons. Daily Express :: City and Business Feed
Read More »Beautiful city’s airport with 76m passengers a year set to become Europe’s busiest
Istanbul believes that it can permanently dethrone Heathrow as the busiest airport in Europe within five years, given its growth rate as well as ongoing delays to the expansion of Britain’s hub airport. Daily Express :: City and Business Feed
Read More »Ted Baker administrators set to outline payout hopes for creditors
Ted Baker’s creditors could find out how much they are likely to get back from the collapsed fashion chain as early as this week. Daily Express :: City and Business Feed
Read More »Small businesses are banking on loans to pay for insurance
Growing numbers of small businesses are having to rely on loans to pay for their insurance, according to specialist lender Premium Credit. Daily Express :: City and Business Feed
Read More »Tesco boss hints at huge new change in stores – and it’s good news for shoppers
Food groups and consumer goods outfits will use promotions to tempt shoppers back from own-brand labels and rebuild their volumes over the next 12 months, Tesco chief executive Ken Murphy predicts. Daily Express :: City and Business Feed
Read More »Big pay rises risk toppling the BoE’s interest rate balancing act
No one should overlook that the biggest enemy is inflation, which currently stands at 3.2% when average earnings rose by 6% in the year to April. Daily Express :: City and Business Feed
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