IWG issue profit warning, share price falls more than 30%

International Workplace Group (LON:IWG) have issued a profit warning in their trading update today as the anticipated improvement in sales for the third quarter...
retail sales

UK retail sales sink in September, reversing August gains

UK retail sales dropped sharply in September, according to the latest figures from the Office for National Statistics, causing the pound to sink against...
on the beach

On The Beach share price down as Monarch failure marrs strong results

Online travel agent On The Beach (LON:OTB) saw shares fall over 2 percent on Thursday, after strong results were marred by an exceptional cost...
unilever

Unilever share price falls as poor weather hits growth

Unilever's (LON:ULVR) share price fell over 4 percent in early trading on Thursday, after growth was hit by poor weather in the third quarter. Both...
brexit SME

Brexit: EU Withdrawal bill ‘won’t be debated this month’

The EU withdrawal bill may not be taken in the House of Commons until after Autumn, according to Labour sources. Whilst initially the bill was expected...
Reckitt Benckiser

Reckitt Benckiser set to restructure after cutting forecasts

Reckitt Benckiser (LON:RB) announced a vast restructuring plan on Wednesday, after cutting its forecasts for the second time this year. The company, which specialises in...
UK unemployment

UK unemployment remains at 42-year low, as wages stagnate

UK unemployment levels remain at a 42-year low, yet real wages continue to stagnate to pre-financial crisis levels, according to the latest official figures. Figures from...

Foxtons revenue drop in most recent quarter

London estate agent Foxtons (LON:FOXT) today announced a drop in revenue to £35.1 million in the most recent quarter compared to £37.5 million in...
Rio Tinto

Rio Tinto charged with fraud in the U.S

Rio Tinto (LON:RIO) and two of its former chief executives have been charged with fraud in the U.S. The Anglo-Australian mining company stands accused of hiding losses by...
Sula Iron & Gold

Sula Iron & Gold shares rally after strategy update

  Sula Iron & Gold (LON:SULA) shares rallied on Wednesday, after the company updated the market on its strategy. The gold exploration company said it was...
gold bar

Gold prices rise amid US-North Korea tensions

The continued friction between the US and North Korea is making investors turn to gold. The prices of gold were up by 0.8%, settling...
online banks

Amazon and eBay making profit from VAT fraud, says Parliament watchdog

MPs from the Public Accounts Committee have warned of Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) profiting from online VAT fraud, whilst criticizing the HMRC for being...
tech visa

Treasury rejects OECD’s suggestion for second referendum

The UK Treasury rejected calls for a second referendum, despite the Organisation for Economic Cooperation and Development claiming it would significantly boost the economy. The Paris-based economic...
Bellway

Bellway hikes dividend after profit increase

Bellway (LON:BWY) announce that proposed dividends will rise due to the house construction company's pre-tax profits increase this year. In Bellway's preliminary results announcement their...
asos

Asos profits surge 145pc, boosted by weak pound

Boosted by the weak pound and "excellent" international performance, fashion retailer Asos (LON:ASC) has reported record annual sales and profits. The Aim-listed company reported a 145 percent...

FCA chief warns of growing debt among millennials

The head of the Financial Conduct Authority has warned that a growing number of millennials are borrowing money to cover the basic cost of...
macron

Macron denies ‘President of the rich’ label in TV interview

After five months as the French President, Emmanuel Macron had his first ever television interview, in which he had to deny being a President for...
uber

Uber launches appeal over controversial London ban

Uber has launched an appeal against Transport for London's decision to not renew its license in the capital. The appeal process is likely to take...

Samsung CEO announces resignation, despite surge in profits

One of Samsung's (KRX:005930) three chief executives has announced resignation following an "unprecedented crisis". Kwon Oh-hyun had been thinking about his resignation for "quite some time". He said...
ebay

eBay to pay just £1.6m in UK tax, despite revenues of over £1bn

eBay paid just £1.6 million worth of tax in the UK last year, despite reporting revenues of £1.3 billion. The online retailer’s latest Companies House...