Foxtons saw revenues fall 10% in the third quarter, but the estate agency group said it has seen the London residential market gain momentum. The company, led by Nic Budden and known for its fleet…
High Street banking giant Lloyds today smashed City profits despite the worsening Covid-19 pandemic as a surge in mortgage lending and reduced losses on bad loans boosted its earning power, adding to hopes it will…
Grosvenor, the Duke of Westminster’s property group, is set to invest in some of the businesses across its estate in a move aimed at helping tenants achieve post-pandemic growth. Grosvenor Britain and Ireland is landlord…
Banking giant Standard Chartered today gave some support to the embattled FTSE 100 of leading shares after its strong profits led it to say it would consider resuming dividend payouts. The index crashed yesterday alongside…
Apple may be increasing efforts to build a search engine, reports have claimed. The iPhone maker, which hired Google’s head of search John Giannandrea back in 2018, has begun displaying its own search results to…
GlaxoSmithKline (GSK) has revealed that profits slipped over the past three months but said it remains on track to hit its full-year targets. The pharmaceuticals giant said that profit attributable to shareholders fell by 17%…
Drinks giants have reported higher alcohol-free beer sales in the latest sign the low- and no-alcohol drinks sector continues to grow. Heineken and Carlsberg have both created alcohol-free versions of their flagship beer labels, Belgian…
Retail giant Next’s chief executive Lord Wolfson has called on the Government for more clarity around Brexit preparations, and said making sure ports run smoothly is important for the “health of the UK economy”. Wolfson,…
Heineken has revealed it plans to cut office personnel costs by around 20% from the beginning of next year as part of a major strategic review. The beer giant, which employs more than 85,000 people…
AT least 200 million doses of Covid-19 candidate vaccine will be made available to some of the world’s poorest countries under a non-profit deal signed by GlaxoSmithKline. The London-based pharma giant and French drugmaker Sanofi…