Financial Results

Sainsbury’s to axe 3,500 jobs 

Sainsbury’s has warned that 3,500 of its staff could be made redundant across its supermarket counters and Argos stores, in…

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Mike Ashley’s Frasers Group makes £30m bid for DW Sports

Mike Ashley’s Frasers Group has reportedly made a takeover bid for former rival Dave Whelan’s DW Sports. According to the…

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Mike Ashley’s Frasers Group delays results for second consecutive year

Mike Ashley’s Frasers Group has announced it is to delay the publication of its annual results for the second consecutive…

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Joules swings to £2m loss in full-year results

Joules has announced that it swung to a pre-tax loss of £2m in its full-year of trading, down from the…

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JD Sports in talks to appoint administrators for Go Outdoors

Sports fashion retailer JD Sports is reportedly lined up to bring in administrators for its Go Outdoors business. In a…

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JD Sports blocks director appointment at Boohoo

Sportswear giant JD has reportedly blocked non-executive director Kath Smith from joining online fashion retailer Boohoo in the same role.…

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The aviation industry is now in very serious trouble

In a sign of just how distressed the aviation industry is, British Airways has announced plans to lay off 30%…

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JD Sports to delay full-year results

Sports fashion retailer JD Sports has revealed plans to delay its full-year results to 7 July 2020, as the Covid-19…

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Boeing’s tanks fuel new concerns, house prices on the up, Lloyds in the doldrums, hazardous chemicals a pest in poorer countries

Boeing’s faulty plane woes have worsened after ‘foreign object debris’ (FOD) was found in the fuel tanks of two ground…

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HSBC to cut 35,000 jobs, new chancellor sticks to schedule, Bezos creates $10bn ‘Earth fund’

HSBC has announced plans to cut 35,000 jobs over the next three years after a dire set of financial results.…

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