By City & Finance Reporter Updated: 21:51 BST, 12 October 2024 Suited and booted: The shoemaker now sells clothing Oliver Sweeney has posted record profits as the turnaround at the menswear fashion group gathers pace. Best known for its hand-crafted shoes and boots, Oliver Sweeney was hit hard in the pandemic. Its retail arm went…
By This Is Money Updated: 17:18 BST, 12 October 2024 Investors find themselves in an unusual position right now. Concerns abound over everything from politics, to war and the health of major economies, yet the global stock market is riding high Dig a little deeper though and there are worries there too, as returns are…
By John Abiona Updated: 10:46 BST, 12 October 2024 Tesla’s value dropped around £60billion after the launch of its self-driving Robotaxis fell flat. In a much-hyped event, the electric vehicle car-maker’s boss Elon Musk unveiled plans for the Cybercab to be in production before 2027. He said the vehicle, which has been designed without a…
Vancouver mom Chelsea Heney waited until the age of 40 to have her first baby last November. While wanting to be financially prepared was a “big factor” in putting off motherhood, concerns about her relationships, health and career also influenced her decision to wait. “For me, having children was always something I knew I wanted,…
By City & Finance Reporter Updated: 21:50 BST, 11 October 2024 Slowdown: Mulberry has suffered a slump in sales and profits Mike Ashley last night raised his bid for Mulberry from £83m to £111m. In its second attempt to buy the troubled fashion label, Ashley’s firm Frasers Group bumped up its offer to 150p per share….
By City & Finance Reporter Updated: 21:50 BST, 11 October 2024 Saga said it is in ‘exclusive negotiations’ with a Belgian rival over a tie-up for its troubled insurance arm. As it announced a surge in profits on the back of booming demand for its cruises, the over-50s group also said it has agreed to…
Atlantic’s Ewoyaa project will mark Ghana’s first lithium mine Atlantic Lithium is tantalisingly close to breaking ground at its flagship Ewoyaa Lithium Project in Ghana. Mineral resource estimates at Ewoyaa received a shot in the arm in July and just this week, Atlantic secured an operating permit from the Minerals Commission of Ghana. This marks…
Gold hit an all-time high in September but has since fallen back Analysts expect supportive environment to continue with added Fed boost By Mike Sheen Updated: 14:40 BST, 10 October 2024 Analysts have backed gold prices to maintain momentum in the months ahead to reach fresh all-time highs as central banks continue to cut…
N Brown Group reported a £200,000 profit for the six months ending August Total revenue fell by 6.7% to £277.2m, largely driven by falling product sales By Harry Wise Updated: 14:37 BST, 10 October 2024 Simply Be owner N Brown bounced back to a first-half profit despite sales continuing to decline amid bad weather and…
By City Reporter Updated: 09:20 BST, 10 October 2024 Germany looks set for a two-year recession as it cements its status as the ‘sick man of Europe’. As the country’s economy minister admitted ‘the situation is not satisfactory’, his department expects output to shrink 0.2 per cent in 2024, having previously pencilled in growth of…
