Joe Lewis in the spotlight after he pleads guilty to insider trading in a Manhattan court

Joe Lewis in the spotlight after he pleads guilty to insider trading in a Manhattan court

He’s the East End boy who became one of Britain’s richest men in a rags-to-riches story that included the acquisition of Tottenham Hotspur, a beauty queen girlfriend less than half his age and a sprawling business empire. But the downfall of Joe Lewis was complete when he pleaded guilty to insider trading at a Manhattan … Read more

BUSINESS LIVE: Haleon to sell ChapStick; Workspace boss to retire; Wizz Air losses widen

BUSINESS LIVE: Haleon to sell ChapStick; Workspace boss to retire; Wizz Air losses widen

By Live Commentary Updated: 08:17 GMT, 25 January 2024 The FTSE 100 is down 0.1 per cent in early trading. Among the companies with reports and trading updates today are Haleon, Workspace, Wizz Air, Dr Martens, Foxtons, Fever-Tree and PPHE. Read the Thursday 25 January Business Live blog below. > If you are using our … Read more

BUSINESS LIVE: Royal Mail services at risk; Abrdn to slash costs; EasyJet losses narrow

BUSINESS LIVE: Royal Mail services at risk; Abrdn to slash costs; EasyJet losses narrow

By Live Commentary Updated: 13:18 GMT, 24 January 2024 The FTSE 100 is up 0.4 per cent in afternoon trading. Among the companies with reports and trading updates today are International Distribution Services, Abrdn, EasyJet, JD Wetherspoon, Metro Bank, Revolution Bars and Next 15 Group. Read the Wednesday 24 January Business Live blog below. > … Read more

Boohoo CFO exitswith immediate effect in latest setback for retailer

Boohoo CFO exitswith immediate effect in latest setback for retailer

Shaun McCabe departs by ‘mutual agreement’ and replaced by Stephen Morana Morana was formerly CFO at Betfair and Zoopla, and has worked for Boohoo The retailer also told shareholders it was trading in line with expectations  By Mike Sheen Updated: 09:54 GMT, 23 January 2024 The chief financial officer of Boohoo has left the firm … Read more

Evri celebrates its busiest Christmas yet after delivering more than 150m festive parcels

Evri celebrates its busiest Christmas yet after delivering more than 150m festive parcels

By Daily Mail City & Finance Reporter Updated: 22:01 GMT, 22 January 2024 Last minute: Evri said households left Christmas shopping late as they waited for discounts Evri celebrated its busiest Christmas yet after delivering more than 150m parcels. The company said households left Christmas shopping late as they waited for last minute discounts because of … Read more

BUSINESS LIVE: Levels of financial distress soar; Luxury brand value falls; S4 cheers easing costs

BUSINESS LIVE: Levels of financial distress soar; Luxury brand value falls; S4 cheers easing costs

By Live Commentary Updated: 16:26 GMT, 22 January 2024 The FTSE 100 is up 0.2 per cent in afternoon trading. Among the companies with reports and trading updates today are S4 Capital, Sainsbury’s and John Lewis. Read the Monday 22 January Business Live blog below. > If you are using our app or a third-party … Read more

Around £43bn wiped off value of Europe’s biggest luxury fashion houses this year so far

Around £43bn wiped off value of Europe’s biggest luxury fashion houses this year so far

By City & Finance Reporter Updated: 00:05 GMT, 22 January 2024 Around £43billion has been wiped off the value of Europe’s biggest luxury houses this year so far. The sector is grappling with a slowdown in demand from wealthy US and Chinese shoppers. Of the five top luxury giants, including LVMH, Hermes, Kering, Moncler and … Read more

BUSINESS LIVE: Retail sales fall; Deliveroo ups guidance; DFS demand slowdown

BUSINESS LIVE: Retail sales fall; Deliveroo ups guidance; DFS demand slowdown

By Live Commentary Updated: 09:39 GMT, 19 January 2024 Retail sales volumes slumped by a higher-than-forecast 3.2 per cent in December from November, marking the biggest decline in nearly three years, fresh data from the Office for National Statistics shows.  The FTSE 100 is up 0.8 per cent in early trading. Among the companies with … Read more

BUSINESS LIVE: Sainsbury’s plots banking withdrawal; IDS revenues soar; Watches of Switzerland slashes guidance

BUSINESS LIVE: Sainsbury’s plots banking withdrawal; IDS revenues soar; Watches of Switzerland slashes guidance

By Live Commentary Updated: 15:57 GMT, 18 January 2024 The FTSE 100 is up 0.2 per cent in afternoon trading. Among the companies with reports and trading updates today are Sainsbury’s, International Distribution Services, Watches of Switzerland, Currys and Dunelm. Read the Thursday 18 January Business Live blog below. > If you are using our … Read more