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Alex Daniel
Business News
Unilever to update on turnaround under new boss amid mounting trade pressure
The company is midway through a major turnaround plan which involves 7,500 previously announced job cuts and selling its ice cream division.
By
Alex Daniel
17 Apr 2025
Business News
Deliveroo order growth improves but customer numbers remain sluggish
Founder Will Shu described it as a ‘strong start’ to the year but said he was ‘mindful’ of growing economic uncertainty.
By
Alex Daniel
17 Apr 2025
Business News
Strava buys London-based running app Runna
Runna was launched in 2022 by former McKinsey consultant Dom Maskell and running trainer Ben Parker.
By
Alex Daniel
17 Apr 2025
Business News
No end in sight for hiring market slump, says recruitment giant Hays
Hays said conditions are set to remain ‘challenging’ into its 2026 financial year, as firms continued putting the brakes on hiring.
By
Alex Daniel
16 Apr 2025
Business News
Barratt Redrow forward sales slump as uncertainty grows
Homebuilders have struggled in recent years after skyrocketing inflation sent mortgage rates higher.
By
Alex Daniel
16 Apr 2025
Business News
WH Smith travel profits surge as company prepares to sell high street arm
The historic retailer announced last month that it is selling its high street business to a private equity firm in a £76 million deal.
By
Alex Daniel
16 Apr 2025
Business News
Energy watchdog boss vows less ‘heavy handed’ approach to regulating suppliers
Ofgem chief executive Jonathan Brearley was speaking weeks after the Chancellor vowed to cut red tape across the UK to promote growth.
By
Alex Daniel
15 Apr 2025
Business News
Ofgem scraps years-long queue of ‘zombie’ grid projects
The energy regulator said it will connect new wind and solar farms to the grid faster under new rules.
By
Alex Daniel
15 Apr 2025
Business News
Business confidence sinks as firms weigh twin impact of US tariffs and tax rises
A poll of UK bosses indicated that sentiment is at its lowest point since late 2022, when inflation was surging to historically high levels.
By
Alex Daniel
15 Apr 2025
Business News
Halfords appoints new boss as ‘very challenging’ retail market unlikely to ease
The group hailed rising sales last year, but added that it has been forced to mitigate £23 million in rising costs and taxes from the October budget.
By
Alex Daniel
15 Apr 2025
UK
FTSE 100 surges and global markets rise after Trump’s tech tariff reprieve
Investors welcomed a carve-out benefiting companies such as Apple, despite White House officials downplaying the significance of the exemptions.
By
Alex Daniel
14 Apr 2025
Business News
Sheilas’ Wheels owner bought by Belgian insurer in £1.3bn deal
Esure has been bought by Ageas, as the Belgian group looks to get more exposure to the UK personal lines insurance market.
By
Alex Daniel
14 Apr 2025
Business News
UK economy grows faster than expected in February as Trump tariff threat looms
The figures are a positive for Labour, but economists said growth will likely be hampered by the US trade war in the coming months.
By
Alex Daniel
11 Apr 2025
Business News
UK exports to US grew by £500m in February ahead of Trump tariffs
Analysts said there were ‘clear signs’ UK firms were looking to sell more goods before the US slapped costly tariffs on British imports.
By
Alex Daniel
11 Apr 2025
Business News
UK economy grows by 0.5% in February in surprise boost for Labour
The figures are good news for Labour, which has made growing the economy its key priority since winning the election last year.
By
Alex Daniel
11 Apr 2025
Business News
Trump tariffs likely to hit UK growth, warns Bank of England policymaker
Deputy governor for financial stability Sarah Breeden added that it is ‘not clear-cut’ what effect the new trade policy will have on inflation.
By
Alex Daniel
10 Apr 2025
Business News
Supermarket price war heats up as Tesco cites ‘very competitive market’
Chief executive Ken Murphy also refused to rule out fresh job cuts as the supermarket targets a further £500 million in savings this year.
By
Alex Daniel
10 Apr 2025
Business News
Tesco predicts lower profit as supermarket price war mounts
The supermarket said on Thursday that it has seen a ‘further increase in the competitive intensity’ across the industry.
By
Alex Daniel
10 Apr 2025
Business News
UK 30-year gilt yields reach highest point since 1998 amid Trump tariff fallout
The US president’s trade policies caused turbulence on financial markets this week, but a bond market sell-off has sparked fresh concerns.
By
Alex Daniel
9 Apr 2025
Business News
Recruiter PageGroup to slash leadership team in £15m cost-cutting drive
The London-listed firm also declined to give financial forecasts for the coming months because of uncertainty caused by Donald Trump’s tariffs.
By
Alex Daniel
9 Apr 2025
Business News
Hilton Foods sees profit jump despite ‘uncertain’ market
The food supply giant said it saw a surge in UK and Europe sales in 2024 and is eyeing expansion into Saudi Arabia next year.
By
Alex Daniel
8 Apr 2025
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