Private parking tickets hit record 15.9 million
Private parking firms issued a record 15.9 million tickets last year, costing drivers up to £4.4m daily. A long-awaited Code of Practice is delayed, as firms face accusations of unfair practices.
Category : Search result: private firms profits
BoE to stress test private credit and equity firms
The Bank of England launches a major stress test on private credit and equity firms, aiming to assess risks to UK financial stability. Discover the implications for the £8.2tn market.
Legal sector warned of £370bn 'wipe-out' by disruptor
A 'ruthless disruptor' warns the UK's £370bn legal industry faces extinction due to AI and outdated practices. Discover the urgent changes needed for survival.
McCartney's Silent AI Protest in New Album
Paul McCartney releases his first track in five years on a silent protest album against AI copyright threats. Over 1000 artists join the fight for creative rights. Read the full story.
Labour to impose VAT on private school fees
Shadow Education Secretary Lucy Powell confirms Labour will impose 20% VAT on private school fees, generating £1.6bn for state education while sparking fierce debate over educational choice and funding.
Trump's White House Ballroom Renovation Sparks Budget Concerns
Exclusive investigation uncovers budget concerns and questionable contractor history in Donald Trump's lavish White House ballroom renovation project, raising eyebrows in political and construction circles.
Shell profits hit £34bn as production soars
Energy giant Shell reports staggering profits exceeding $43 billion, driven by unprecedented production highs in Brazil's offshore fields and Gulf of Mexico operations, sparking renewed debate about windfall taxes.
Trump-Xi Trade Deal Fuels Oil Surge & Market Rally
Global markets surge as Trump and Xi announce landmark trade agreement, sending oil prices skyrocketing while Shell posts staggering £7.4 billion quarterly profit amid energy sector boom.
Next profits surge as thousands of UK businesses face distress
Fashion giant Next posts better-than-expected profits and upgrades forecasts, while new data reveals thousands of UK businesses face critical financial distress.
Aston Martin profits accelerate despite US tariff pressure
British luxury carmaker Aston Martin Lagonda reports strong profit growth and sales surge, navigating challenging US tariffs while maintaining its premium positioning.
Ofgem pressured to return £4bn energy windfall
Energy regulator Ofgem is under fire to redirect £4 billion in network company profits back to consumers as bills remain stubbornly high despite falling wholesale prices.
Ex-Paddy Power Boss: Gov't Bet Against Public in Covid
Shocking revelations emerge as former Paddy Power chairman reveals how government officials allegedly exploited pandemic for financial gain while public faced lockdown restrictions.
FAA probes near-collisions involving Trump's private jet
Exclusive: Federal Aviation Administration probes two serious air incidents involving Donald Trump's private aircraft at major US airports, raising aviation safety concerns.
The Block Auction Drama: Record Profits & Heartbreak
Exclusive behind-the-scenes look at The Block's most dramatic auction yet, featuring staggering profits and emotional moments that left contestants reeling.
NatWest warns against bank tax hikes as profits soar
NatWest CEO Paul Thwaite urges UK government to resist increasing banking taxes despite reporting a 27% profit surge, warning it could harm competitiveness and economic growth.
Tesla Profits Crash 48% in Stunning Q3 Results
Tesla reports dramatic 48% profit decline amid production delays and fierce Chinese competition. Discover how Elon Musk's EV empire is navigating its toughest quarter yet.
Orkney wind farm profits to fund local services
Orkney Islands Council announces groundbreaking plan to reinvest all profits from new wind farm directly into local services, creating a sustainable funding model for the community.
Trump Targets Soros Non-Profits in Legal Battle
Donald Trump launches legal offensive against George Soros-backed non-profits, alleging political interference in US democratic processes ahead of elections.
Holiday firms forced to block gambling ads targeting children
UK holiday companies face strict new rules banning gambling adverts targeting children online, with enforcement action promised against violators.
IMF Warning: UK Economy Overheating for Profits, Not Pay
The International Monetary Fund delivers a stark warning about Britain's overheating economy, where corporate profits soar while wages stagnate, creating dangerous economic imbalances.
Merlin profits surge as UK theme parks thrive
Merlin Entertainments reports impressive profit surge driven by strong performance at Thorpe Park and Alton Towers, with visitor numbers exceeding expectations across their UK attractions.
Lloyds Bank makes £450m profit from Ferrari stake sale
Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.
Ofwat proposes cutting water company profits by £70 per household
Regulator Ofwat proposes cutting water company profits by £70 per household, targeting underperforming firms like Southern Water and Thames Water in major industry shake-up.
Reeves announces tax rises in first Labour budget
Chancellor Rachel Reeves announces sweeping tax reforms in her debut budget, targeting private schools, non-doms and private equity in bid to rebuild Britain's economy.
BM Homeware Slashes Prices in Profit-Boosting Sale
Popular UK homeware retailer BM launches major price reduction event, cutting costs on household essentials and furniture to drive sales and improve financial performance amid challenging market conditions.
Trader sues over £1.2M bonus after £6B profits
A high-flying City trader is suing his former employers after they allegedly withheld a seven-figure bonus following his team's extraordinary £6 billion profit-making performance during market turbulence.
Aston Martin and JLR report soaring profits and sales
Britain's automotive crown jewels Aston Martin and Jaguar Land Rover deliver stunning financial turnarounds with surging sales and profits, signalling strong global demand for luxury vehicles.
Dyson profits hit £1.4bn despite revenue decline
British technology powerhouse Dyson reports impressive profit growth to £1.4 billion despite revenue decline, showcasing remarkable resilience in turbulent global markets.
Jamie Oliver pays £2.5m to himself as profits slump
Celebrity chef Jamie Oliver and his wife Jools paid themselves £2.5 million despite their restaurant group seeing pre-tax profits fall by 75%. The financial revelations come as the hospitality sector faces ongoing challenges.
Tesco profits soar to £2.3bn amid grocery price concerns
Britain's largest supermarket chain reports staggering profits while shoppers face ongoing cost-of-living pressures, sparking political debate about corporate responsibility.
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