The Cheshire-based company’s pre-tax losses slumped by 51% to £659,000 However, Sosandar’s gross margins rose by 6.8 percentage points to 62.2% By HARRY WISE Updated: 16:13 GMT, 26 November 2024 Sosandar’s losses narrowed sharply in the first half as the women’s fashion brand continued to sell more products at full price. The retailer revealed pre-tax…
AO World now expects to make £39m-£44m in adjusted pre-tax profits this year The firm’s sales grew by just 6% to £512m in the six months to September By HARRY WISE Updated: 14:03 GMT, 26 November 2024 AO World has upgraded its profit outlook despite poor weather leading to a ‘Morecambe and Wise summer’ for…
The physical disappearance of newspapers on the daily commute in Britain is one of the more obvious signs of the diminishing power of printed media. Yet each day there are still at least nine titles to choose from on the news-stands. When titles threaten to vanish there is never any shortage of would-be media moguls…
By CALUM MUIRHEAD Updated: 22:01 GMT, 25 November 2024 Barclays has been fined £40million after raising cash from Qatar. Regulators said the move was ‘reckless and lacked integrity’. The Financial Conduct Authority (FCA) told the banking giant that it should have provided more details about an emergency cash injection that helped it avoid a taxpayer…
Opinions expressed by Entrepreneur contributors are their own. In 2023, a survey looked at Nevada business owners and the biggest challenges they faced. Entrepreneurs listed problems like adapting to inflation, finding new customers and managing cash flow. The problems varied somewhat, but all of them centered around money difficulties. The reality is that small businesses…
By JOANNE HART Updated: 17:11 GMT, 25 November 2024 Dedicated: BP Marsh founder Brian Marsh is helping firms grow As an 83-year-old board director, Ken Davy is unusual but he is certainly not the only octogenarian on the stock market. BP Marsh chairman Brian Marsh is also 83, as sharp as a tack, and still arrives…
By CITY & FINANCE REPORTER Updated: 22:11 GMT, 24 November 2024 ITV shares will be in the spotlight when the stock market reopens today following reports it has become a takeover target. The stock has fallen more than 10 per cent this month – and suitors are said to be looking to take advantage of…
Corporate bankruptcy experts warn number of firms going bust will rise ‘Wave of distress’ among business after NI hike and increase in minimum wage CBI set to warn tax rises in Budget will hit corporate profits By CALUM MUIRHEAD Updated: 22:11 GMT, 24 November 2024 Britain faces a wave of insolvencies as businesses are hit…
Silence: Sara Weller wants senior people to talk about their disabilities Sara Weller was a golden girl with a golden life. Her brilliant career as a retail executive was complemented by a picture-perfect family, with a supportive husband and two children. And then it all unravelled. Weller, now 63, was diagnosed with multiple sclerosis. Having…
Golden days: Tommy with late comedy partner Bobby Ball, right Tommy Cannon the comic, actor and singer is best known as one half of the double act Cannon and Ball, writes York Membery. He first found fame on TV talent show Opportunity Knocks in 1968 with fellow Lancastrian Bobby Ball (catchphrase ‘Rock on, Tommy’, who…
