Daniel O'Boyle

Business news editor

<p>Iconic boot maker Dr Martens says its CEO Kenny Wilson will leave this year, after its latest profit warning.</p>
Business

Dr Martens CEO to go after latest profit warning

Its struggles in the US have continued, with the Autumn/Winter order book “significantly down year-on-year”, which could cost £20 million in profits

16 Apr 2024
<p>The private equity giant that owns Lipton Teas and a stake in the Six Nations revealed plans today for the biggest European flotation by valuation since 2022</p>
Business

CVC unveils Amsterdam float plan, while London IPO drought goes on

Mainland Europe’s IPO markets have rebounded more quickly than the City’s this year

15 Apr 2024
<p>Car distribution firm Inchcape reaffirmed its commitment to the London Stock Exchange even as it sold its UK dealerships to a US firm for £346 million,  leaving it with no remaining British operations  (Gareth Fuller/PA)</p>
Business

Inchcape still committed to London listing despite £346m UK sale

The firm sold its UK dealerships to focus on distribution

15 Apr 2024
<p>The NBA’s official merchandise store opened a new three-storey UK flagship on Oxford street today, at a location once occupied by an American candy shop, in latest sign of revival for London’s main retail throughfare</p>
Business

Oxford Street rebound boost as NBA Store opens at ex-candy store site

The 9,000 square foot store replaces the previous, smaller NBA flagship location Foubert’s Place

12 Apr 2024
<p>Viasat satellite</p>
Business

UK 'can lead the charge' on space regulation, satellites boss says

Viasat’s new base at Finsbury Square near Moorgate opened yesterday

12 Apr 2024
<p>Mayfair’s Crown London Aspinall’s casino has warned that there is “materially uncertainty” over its ability to keep trading, as its Australian parent company faces questions over whether it should keep some of its gambling licences(Alamy/PA)</p>
Business

Mayfair casino Aspinall’s warns on future amid parent company concerns

Crown Resorts faces reviews from Australian watchdogs in the wake of money laundering claims at its casinos in the country

11 Apr 2024
<p>Figures Friday morning are expected to show the UK economy is continuing its recovery from recession with growth in February: but is still barely growing. </p><p></p><p> (Victoria Jones/PA)</p>
Business

Figures set to show UK GDP grew in February, but only just

A survey of City economists for Refinitiv suggest GDP in February rose by  0.1%, giving the UK its first consecutive months of growth since August to September

11 Apr 2024
<p>
London City Airport’s ‘liquid in’ security scanners cut queue lengths in half in their first year of action, saving over a decade of queuing time, new figures show</p>
Business

City Airport’s ‘Liquid in’ scanners shave decade off queue times

London City Airport’s ‘liquid in’ security scanners cut queue lengths in half in their first year of action, saving over a decade of queuing time, new figures show.

10 Apr 2024
<p>Darwin & Wallace pub</p>
Business

'Neighbourhood' London bars group Darwin & Wallace sold

Darwin & Wallace operates seven pubs, mostly in South West London, at locations including Battersea Power Station and Chiswick Fire Station

10 Apr 2024
<p>Formula E car generated by Google Gemini AI for WPP</p>
Business

Google Gemini AI to help write and narrate ads for marketing giant WPP

The narration system will use Gemini 1.5 Pro to create customisable video narration scripts, which are then sent to London startup Eleven Labs to generate a voice to narrate videos

9 Apr 2024
<p>Meridian Place student skyscraper in Stratford</p>
Business

Go-ahead for one of world’s tallest student skyscrapers in Stratford

The block will be part of a wider £400 million development, which will also include a new entrance and exit to Stratford Underground Station

9 Apr 2024
<p>The competition watchdog has warned nail technicians that they could be fined if they collude to fix prices, after claims that the online “National Nail Price Increase Day” campaign appeared to breach cartel rules</p>
Business

CMA warns nail technicians could be fined for colluding to hike prices

The online “National Nail Price Increase Day” campaign drew questions over its compliance with competition law

8 Apr 2024
<p>Ted Baker saw its stock leap higher on Friday morning (Jonathan Brady/PA)</p>
Business

245 jobs to go as insolvent Ted Baker closes 15 shops — four in London

The firm became the latest high-profile collapse in British fashion when administrators were appointed for its UK arm last month

8 Apr 2024
<p>The John Lewis Partnership has revealed a return to annual profit (PA)</p>
Business

John Lewis picks former Tesco UK boss to replace Sharon White as chair

White announced her departure late last year after a difficult spell in charge that saw the staff bonus scrapped in back-to-back years

8 Apr 2024
<p></p>
Business

Vet chain CVS hit by cyber attack

CVS says it took action immediately after learning of the attack, and took its IT systems offline temporarily to prevent a wider breach

8 Apr 2024