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Netflix beats earnings expectations despite password sharing crackdown, reports revenue growth
Netflix’s crackdown on password sharing appears to have had little impact, as the company exceeded third-quarter earnings forecasts, further cementing its status as the leader in the streaming market. The company reported a 15 per cent year-on-year revenue growth to £7.5bn, with a net income of £1.7bn and earnings per share of £3.88, all outperforming …
Business
Evening Standard
Cash is king for holidaymakers, survey shows
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.People are more likely to pay for items with cash when they are on holiday overseas compared with when they are in …
Business
Evening Standard
‘We are going to keep our manifesto pledges’ says Starmer amid tax rise reports
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The Prime Minister has said that the Government is “going to keep our manifesto pledges”, amid speculation that a raft of tax …
Business
Sky News
Settlement with former chief Danker ‘cost CBI £500,000’
Tony Danker, the former director-general of the CBI, is to receive in the region of £500,000 from the business lobbying group in a settlement reached nearly a year after he was ousted in the midst of a wider sexual misconduct scandal.Sky News has learnt that Mr Danker, who left the organisation in April 2023, struck …
Business
Sky News
Entrepreneurs will abandon UK if capital gains tax increases, BrewDog founder warns
The founder of BrewDog has claimed that entrepreneurs will abandon Britain if capital gains tax is increased.James Watt, the founder of the brewery and pub chain, told Sky News that a significant rise in the tax “will do far more damage to our economy” and deal a hammer blow to the prosperity of every family. …
Business
Sky News
Fund manager Baillie Gifford issues ‘return-to-office’ edict
Baillie Gifford, the Edinburgh-based fund manager, has told staff to return to full-time office working, the latest in a string of employers to cool on pandemic era remote working practices.Sky News understands that Baillie Gifford’s roughly-1,800 employees were notified in a video call several weeks ago that they were expected to attend its offices rather …
Business
Business Live
Global export drive for female health brand Health & Her
CARDIFF-based female health brand Health & Her is expanding into the United Arab Emirates following a recent string of new export deals in the US and China. Health & Her was founded by Kate Bache and Gervase Fay in 2019 with a range of supplements to help women as they experience hormonal changes. The products, …
Business
Evening Standard
Ministers mulling tax rise and cuts in Budget as they meet City bosses
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.A raft of tax rises are being considered for the new Labour Government’s first Budget, reports have suggested, as Rachel Reeves meets …
Business
Sky News
Very Group tabled offer for Simply Be-owner ahead of family buyout
The home shopping group behind fashion brands such as Simply Be and Jacamo, received a takeover proposal from Very Group shortly before it agreed to be taken private by a member of its founding family.Sky News has learnt that Very Group – which is chaired by the former Conservative chancellor Nadhim Zahawi – made a …
Business
Sky News
3i picks bankers to swallow £500m Applaws pet food maker
3i Group, the listed private equity group, has picked bankers to sell the pet food manufacturer behind leading brands including Applaws.Sky News has learnt that 3i has appointed Harris Williams to handle an auction of MPM four years after it bought a controlling stake in the company. Based in Manchester, MPM was founded in 2002 …
Business
Evening Standard
Retail sales edge higher as new iPhone launch boosts tech stores
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.British retailers saw sales growth slow last month despite being boosted by strong demand from shoppers for new tech, according to official …
Business
Evening Standard
Union leaders call for two railway services to be taken into public ownership
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Union leaders are calling for two railway services to be taken into public ownership, saying it would lead to “significant” savings.Aslef and …

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