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Sky News
Post Office expert admits seeing trial obligation legal advice
A key figure behind the flawed IT system that led to hundreds of sub-postmasters being wrongly jailed has told the Post Office inquiry he had “not remembered” legal advice he was given about his obligations as an expert witness.Former senior Fujitsu engineer Gareth Jenkins was crucial in the prosecutions process because he was one of …
Business
Evening Standard
Revolution Beauty eyes makeover as it draws line under ‘challenging two years’
Cosmetics brand Revolution Beauty has revealed it returned to a yearly profit as it sets its sights on a makeover under new management following a turbulent two years.The company said it has drawn a line under the issues of the past, which included a dispute with its former boss and a spat with its shareholder …
Business
Evening Standard
AO World sets sights on sales growth after annual profits jump
Online electricals retailer AO World has revealed that annual profits almost trebled despite falling sales and said it plans to bounce back with double-digit revenue growth over the year ahead.The group cheered an “outstanding” performance as it reported a 186% surge in underlying pre-tax profits to £34.3 million for the year to March 31.The result …
Business
Euro News
Airbus shares tumble amid surprise outlook downgrade
Business
Euro News
Spain cuts sales tax on olive oil as shoppers baulk at rising prices
Business
Euro News
London Tunnels delivers blow to the City as it opts for Amsterdam IPO
Business
Sky News
Royal Mail takeover to land advisers £130m fee bonanza
Advisers working on the controversial takeover of Royal Mail’s parent company are in line for a fee bonanza worth more than £130m.Sky News has learnt that International Distribution Services (IDS) and its would-be owner, a vehicle owned by Czech billionaire Daniel Kretinsky, will fork out the lavish sum to bankers and other professional services firms. …
Business
Sky News
Universal reveals fresh details in plans to build Europe’s largest theme park in the UK
New details have been unveiled for Universal’s first UK theme park – including plans for the attraction to be open 365 days a year.Universal Destinations & Experiences – which is owned by Sky’s parent company Comcast – has bought land near Bedford as it plans to build Europe’s largest theme park with millions of visitors …
Business
Sky News
T20 World Cup digital rights group Engage in talks about sale
A digital sports marketing group which works with bodies including the International Cricket Council (ICC) has appointed advisers to field interest from bidders.Sky News has learnt that Engage Digital Partners, which is owned by its founder and a small number of external shareholders, is working with KPMG’s corporate finance division on an auction after approaches …
Business
Business Live
Expansion in Birmingham for GSF Car Parts
A distributor of car parts has opened a new branch in Birmingham. The 10,000 sq ft hub in Armoury Road, Small Heath, is run by GSF Car Parts and has a fleet of five vans, two bikes and two electric Tuk Tuk-style bikes. The Sutton Coldfield-based company said the location was chosen due to its …
Business
Sky News
There’s one big reason behind Nvidia’s plunge in value
Just one week ago, Nvidia became the world’s most valuable company.The chipmaker – whose shares had risen nine-fold since the end of 2022 – overtook Microsoft as its stock market valuation reached $3.34trn (£2.63bn). Since then, the shares have fallen by 13%, declining in each of the last three trading sessions.That has been enough to …
Business
Evening Standard
Morrisons sales grow as it battles discount rivals on price
Morrisons has posted another rise in sales over the latest quarter as it has sought to shake off competition from discount rivals Aldi and Lidl.The Bradford-based supermarket chain said it recorded a “solid quarter of progress” after it was boosted by a “great start” to its Aldi and Lidl Price Match scheme launched in February.It …

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