By This Is Money Updated: 13:56 BST, 9 October 2024 London-listed packaging giant Mondi is set to expand in Western Europe after striking a €634million deal with Schumacher Packaging. It follows Mondi’s abandoned takeover bid for London-listed rival DS Smith, which is set to be acquired instead by American rival International Paper. Mondi told investors…
In this episode of Money Mantra, StockGro Founder and CEO Ajay Lakhotia speaks to equity investor Mukul Agrawal on his rather unconventional switch from MBBS to stock market trading. Mukul discusses how his family business got him interested in the stock market, after which he decided to pursue it as a full-time career. He recalls…
By Emily Hawkins Updated: 22:06 BST, 8 October 2024 TV star Shaughna Phillips, Shein’s UK sales hit £1.55bn compared to £1.12bn over a 16-month period the year before Sales at Shein’s UK arm topped £1.5billion last year ahead of what looks set to be a controversial stock market listing in London. The Chinese online giant’s meteoric…
By This Is Money Updated: 10:09 BST, 8 October 2024 Retail sales increased by 2 per cent year-on-year in the UK last month, according to the British Retail Consortium, as the cold and wet weather encouraged consumers to purchase warm clothing. Among the companies with reports and trading updates today are Imperial Brands, Vodafone, Vistry…
By Jeff Prestridge Updated: 16:39 BST, 7 October 2024 Edentree is an asset manager which specialises in responsible and sustainable investing. There are no gimmicks or whiffs of greenwashing – those investment funds that are labelled green yet are anything but when their holdings are scrutinised. The investment business, which started life as Ecclesiastical Investment…
I feel sad,’ says Lady Astor, referring to OKA, the upmarket interiors retailer she founded in 1999 I feel sad,’ says Lady Astor, referring to OKA, the upmarket interiors retailer she founded in 1999. The company went into administration in the US and into a company voluntary arrangement in the UK this summer. Lady Astor…
Inheritance tax rise will cheat our children, say entrepreneurs By Anne Ashworth Updated: 09:45 BST, 7 October 2024 A flat-rate lump sum levy that falls due each year could be the solution to the mounting challenges facing Chancellor Rachel Reeves in her Autumn Budget plan to squeeze more tax from ‘non-doms’. These are people whose…
By Jessica Clark Updated: 07:35 BST, 7 October 2024 Major British retailers including Tesco, Sainsbury’s and Marks & Spencer have urged Rachel Reeves to slash business rates by a fifth. More than 70 high street bosses called on the Chancellor to cut retail property taxes amid fears of shop closures. In a letter to Reeves…
Why do Labour politicians not look better after taking money for clothes? Angela Rayner has the knack of looking as though she is about to pull a pint Business leaders could also be great ambassadors for British style By Ruth Sunderland for the Daily Mail Updated: 21:53 BST, 6 October 2024 Best foot forward: Angela Rayner…
