THG returns to revenue growth and slashes gross debt after reshuffle
Owner of MyProtein and LookFantastic posts improving momentum, secures £279.4m in cash and facilities after refinancing and asset sale
Business & Markets News
Cinnabon exits UK as operator EG On the Move shuts remaining outlets
Operator cites strategic shift to core convenience retail operations after five-year effort to expand; 12 UK stores close
Australian Quant Trader Says He Earns Up to $25,000 a Month
Video interview on jobs app highlights high earnings, self-taught pathways and mixed social media reaction
John Lewis Partnership reports widened half-year losses as packaging and payroll costs bite
Retailer blames new packaging levy and higher employer National Insurance for a near-tripling of losses, but predicts a return to profit in the run-up to Christmas
Cinnabon exits UK market, closes all 12 branches after five years
Franchise partner EG On The Move says decision reflects a strategic shift to focus on convenience retail across its 150-site network
European Central Bank Seen Holding Rates as Inflation Eases and Trade Shock Fades
Lagarde to face questions on France’s fiscal strain even as euro-area growth and inflation steady, keeping focus on policy communication rather than an immediate rate move
Heir to Barneys Served With Tax-Fraud Suit During New York Book Signing
Estranged brother filed a whistleblower complaint alleging the family dodged New York estate taxes on the late matriarch’s assets
Trainline upgrades guidance and expands buyback as French rail liberalisation lifts ticket sales
Shares jump after the rail ticketing group points to European competition, strong Trainline Solutions performance and cost savings
Fever-Tree shares rise as US and international growth offsets UK slump
First-half pre-tax profit falls 15% as UK sales dip; US and rest-of-world revenue growth and Molson Coors partnership underpin outlook