Anna Wise

Ocado has been kicked off the FTSE 100 (Kirsty O’Connor/PA)
Business News
21m

Ocado kicked off FTSE 100 while Darktrace secures ‘short-lived’ promotion

Analytics group FTSE Russell confirmed the changes in the latest quarterly review, which will come into effect on Monday June 24.
5 Jun 2024
More people are pawning jewellery amid a lack of quick credit options, Ramsdens said (Ramsdens/PA)
Money

More people pawning jewellery amid lack of quick credit options, Ramsdens says

The retailer and lender, which has 167 stores across the UK, revealed higher profits in recent months.
5 Jun 2024
Zara owner Inditex is enjoying a spring sales boost after a bumper year (Alamy/PA)
Business News

Fashion giant behind Zara enjoys spring sales boost after bumper year

Inditex said its global sales reached 8.2 billion euros (£) between February and April, 7.1% higher than a year ago.
5 Jun 2024
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Business News

Budget retailer B&M enjoys higher sales after opening nearly 50 new stores

B&M European Value Retail said the past year was a turning point in its ambitious expansion plans.
5 Jun 2024
WeWork has hailed the end of a ‘painful’ process of restructuring its office spaces in the UK and Ireland (Jonathan Brady/PA)
Business News

WeWork hopes to turn a corner after ‘painful’ global restructuring

The office sharing company said it had trimmed its offices in the UK and Ireland and was focusing on 40 profitable locations.
5 Jun 2024
British bank Standard Chartered is facing fresh allegations that it facilitated billions of dollars worth of banking transactions for Iran and terrorist groups, in new court documents filed in the US (Finsbury/PA)
UK

Standard Chartered faces fresh claims of handling payments for terror groups

Whistleblowers are attempting to reopen a case in the US against the British bank with what they claim is newly uncovered evidence.
4 Jun 2024
British American Tobacco has cautioned over waning cigarette sales in the US (BAT/PA)
Business News

Lucky Strike maker BAT warns over illegal disposable vapes in the US

The Lucky Strike and Dunhill cigarette maker said that the economic environment was showing signs of recovery but American consumers remain stretched.
4 Jun 2024
TGI Fridays owner Hostmore said its sales have waned this year (Lynne Cameron/PA)
Business News

TGI Fridays owner Hostmore scraps second cocktail bar brand after three years

The UK firm said the remaining 63rd+1st bar in Glasgow will shut down at the end of month.
3 Jun 2024
BAT will give shareholders an update on its trading performance on Tuesday (Alamy/PA)
Business News

British American Tobacco sales in focus amid UK and US smoking ban uncertainty

BAT will give shareholders an update on its trading performance on Tuesday amid major smoking bans being considered in the UK and US.
3 Jun 2024
Blackstone has upped its bid for Hipgnosis Songs Fund by one cent (Ben Birchall/PA)
Business News

Blackstone offers one extra cent to buy Hipgnosis as takeover nears

The two businesses had previously agreed to a deal that will see Hipgnosis taken off the public markets.
3 Jun 2024
Santander is the latest victim of a cyber attack (John Stillwell/PA)
Business News

Santander staff and customer data stolen in major cyber attack

A hacking group was reportedly behind a similar data breach of Ticketmaster which emerged earlier this week.
31 May 2024
UK stock markets outperformed European peers on Friday (John Stillwell/PA)
Business News

UK stocks rise amid fresh global inflation data

The FTSE 100 moved 44.33 points higher, or 0.54%, to close at 8,275.38.
31 May 2024
Swiss banking giant UBS has completed its takeover of Credit Suisse (Alamy/PA)
Business News

End of the road for Credit Suisse as UBS completes historic merger

UBS said on Friday that it had achieved a ‘significant milestone’ in merging the two banks.
31 May 2024
Investors will be hoping British American Tobacco can show it is continuing to reinvent itself (BAT/PA)
Business News

British American Tobacco sales in focus amid UK and US smoking ban uncertainty

BAT will give shareholders an update on its trading performance on Tuesday amid major smoking bans being considered in the UK and US.
31 May 2024
London’s FTSE 100 has clawed back some of its losses from a downbeat week (Nick Ansell/PA)
Business News

FTSE 100 edges higher after slow start to the week

The UK’s top share index was up 47.98 points, or 0.59%, to 8,231.05.
30 May 2024
Yorkshire Post owner National World has said it is getting closer to fully automating its newspaper production (Stefan Rousseau/PA)
Business News

Yorkshire Post owner enjoys rising newspaper sales despite media ‘decline’

The regional newspaper group cheered the fact that it has grown revenues ‘in the face of a general sector decline’.
30 May 2024
Anglo American has revealed production cuts to bring costs down (Anglo American/PA)
Business News

BHP walks away from £39bn bid for rival Anglo American

Australia’s BHP said on Wednesday afternoon that it had been unable to reach an agreement with the rival miner over specific issues.
29 May 2024
Global stock indices lagged on Wednesday and the pound hit new highs against the euro (Tim Goode/PA)
Business News

Global investors downbeat while pound nears two-year high against euro

The FTSE 100 was down 71.11 points, or 0.86%, to close at 8,183.07.
29 May 2024
Bloomsbury publishes the Harry Potter titles (Paul Faith/PA)
Business News

Bloomsbury buys US academic publisher in ‘game-changing’ £65m deal

Its boss described the acquisition of Rowman & Littlefield as a ‘game-changer’ which will help accelerate its expansion overseas.
29 May 2024
The UK’s stock markets struggled to get off the ground on Tuesday (Kirsty O’Connor/PA)
Business News

UK stock markets lag as losses for gambling giants weigh on FTSE 100

The blue-chip index was down 63.41 points, or 0.76%, to close at 8,254.18.
28 May 2024
Boohoo has turned its back on plans to award its top bosses bonuses worth £1 million (Ian West/PA)
Business News

Boohoo abandons £1m bonus payouts for top bosses who missed yearly targets

The retailer had reportedly come under pressure after revealing the bumper payouts despite the bosses not meeting their bonus targets for the year.
28 May 2024