moneymarkets

YouGov shares rocket as polling firm reports bumper profits – and new boss says demand remains strong Pre-tax profits at the firm skyrocketed by 77% for the year ending July 2023 Revenue rose by 17% to £258.3m following solid growth across all regions YouGov’s co-founder Stephan Shakespeare recently became its chairman By Harry Wise Updated: … Read more

Safestyle UK shares tumble following warning on debts Safestyle UK shares have plummeted by more than 90% since late March The firm’s pre-tax losses jumped to £6.7m for the six months ending 2 July By Harry Wise Updated: 17:12 BST, 3 October 2023 Safestyle shares sustained their downward spiral after the firm warned it would … Read more

Chinese tourists flock back to UK but spend less at Heathrow outlets By City & Finance Reporter Updated: 23:40 BST, 1 October 2023 Businesses, including Heathrow, say the UK is missing out on spending from Chinese tourists returning to Europe. Hundreds of bosses have urged the Chancellor to re-introduce a VAT-free shopping scheme.  Shops at … Read more

Take that, Coutts! Profits soar at arch rival Hoare By Calum Muirhead Updated: 16:26 BST, 1 October 2023 Close ties: Six members of the family – including Venetia Hoare (pictured) – are partners at the bank  The country’s oldest privately-owned bank saw its profits rocket last year due to rising interest rates – as arch-rival Coutts … Read more

Barbie and Oppenheimer too late to stop Everyman falling to a first-half loss The London-based cinema chain made a £4.3m for the six months ending June Falling ticket purchases led to turnover declining by around £2.4m to £38.3m Everyman has benefited massively from the release of Barbie and Oppenheimer   By Harry Wise Updated: 19:35 BST, 27 … Read more

AG Barr profits buoyed by acquisitions and soft drinks demand The Cumbernauld-based company is best known for manufacturing Irn-Bru  Its sales climbed by around a third to £210.4m for the 26 weeks ending 30 July AG Barr has recently acquired energy drinks maker Boost and MOMA Foods By Harry Wise Updated: 16:33 BST, 26 September 2023 … Read more

Upper Crust owner SSP expects increase in revenue after recovery in air travel Company expects EBITDA to be on higher side of December 2022 forecast By Daniel Fessahaye Updated: 14:45 BST, 21 September 2023 Recovery in air travel has led SSP to expect revenues to rise. SSP operates brands ranging from its own Upper Crust, … Read more

Furniture retailer DFS sees profits cut by almost half in the past year as boss blames ‘tough economic climate’ Pre-tax profit fell by 42% to £29.7m for the year to 25 June Firm still expects profits of between £30m-£35m in next financial year  By Daniel Fessahaye Updated: 11:59 BST, 21 September 2023 Sofa chain DFS … Read more

JD Sports on track for higher annual profit as demand for premium leisurewear holds up JD Sports organic sales are up 12% after higher sales of its premium leisurewear Shares are up 8% to 143.64p on Thursday morning   By Angharad Carrick Updated: 09:50 BST, 21 September 2023 JD Sports said it was on track to … Read more

LIVE BUSINESS LIVE: Interest rate decision – will they rise to 5.5%? Retailer Next upgrades profit expectations By This Is Money Updated: 10:14 BST, 21 September 2023 Today, all eyes will be on Bank of England policymakers and whether they will once again hike base rate. That comes after inflation data yesterday revealed CPI edged … Read more