Whitbread, also the owner of the Beefeater restaurant chain, said the automation of some cleaning tasks was part of a £50m cost-saving programme.
Cartier-owner Richemont, whose brands also include Montblanc, raked in £5.2bn in the three months to December 31, its highest quarterly sales.
The London-listed mining giants have held early-stage discussions about a combination of the two businesses, Bloomberg reported last night.
Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and 3,000 contractor positions.
Saba Capital, run by Wall Street financier Boaz Weinstein (pictured) said the leaders of the trusts have 'failed shareholders' and made poor decisions.
Saba, run by Wall Street financier Boaz Weinstein (pictured with ex wife Tali Farhadian), needs to win at least 50% support from voting shareholders to succeed,
Saba Capital, run by the aggressive activist investor Boaz Weinstein (pictured) has set its sights on seven UK investment trusts calling for major shake-ups
Delivery group Deliveroo took 43.1m orders in the UK and Ireland in the final three months of last year, 5% more than a year earlier.
Young's plans to raise prices by up to 3.5% after Rachel Reeves' tax raid. This will add 20p to the cost of a typical pint of beer in London - taking it to £6.50.
The fintech group expects the savings from job cuts will offset the 'annualisation of strategic hires' made last year, as well as inflation and national insurance rates.
Major banks have begun increasing mortgage rates in earnest in response to the renewed uncertainty surrounding interest rates.
Households that have resisted smart meters will be left with little choice when the Radio Teleswitch Service (RTS), which uses traditional meters, ends in June.
The London-based FTSE 250 constituent said the purchase, which is set to be completed by mid-2025, will help to boost its UK trading and investing offering.
The 1948 Ferrari 166 Spyder Corsa will go to auction on the shores of Italy's Lake Como with an estimate of up to €7.5M, which is £6.3M, or $7.7M.
Savills is upbeat about the prospects for the commercial property industry. This is Money spoke to three experts to see if they agree with Savills' analysis.
Dunelm revealed its turnover increased by 1.6 per cent to £490million in the 13 weeks ending 28 December and by 2.4 per cent to £894million over the first half of the financial year.
Spanish prime minister Pedro Sanchez has announced a drastic new policy that could leave Britons who buy property in Spain facing a huge tax bill.
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth.
Locations in Surrey, Bristol and Manchester saw the biggest jump in asking prices in 2024, while the UK average was just 1.4%.
This is Money takes a look at all of the essential things you should know about cutting down your energy bill.
BT will no longer retrofit green street cabinet into EV chargers after changing tack and turning attention to improving Wi-Fi connectivity for EV owners.
The Bank of England is not among the regulators invited to the Treasury to be reminded of their growth mandate enshrined in law in 2017.
We can exclusively reveal that car experts are warning against car modifications. Cap hpi says mods can tank the resale value and cause insurance headaches.
My email account was compromised - then I later saw my 180,800 Avios had been transferred to someone else and my three companion vouchers had disappeared.
As many as 10% choose to take out their entire pension as soon as they are able to, according to Legal & General.
Where the price cap heads next though is what makes a fix look more tempting right now.
The attempt to move services online and close phone lines are causing further issues and 'woe for taxpayers', according to Robert Salter, a director at Blick Rothenberg.
Inflation worries eased on both sides of the Atlantic, boosting markets and providing respite to beleaguered Chancellor Rachel Reeves (pictured).
I pay for my 13-year-old daughter's bus pass to travel to and from school. Last week, as she swiped the pass to get on board, it didn't work.
Torsten Bell became a new Labour MP at the last election after nine years as chief executive of the Resolution Foundation, an economic and social policy think-tank
The recent attack on seven UK investment trusts represents a flashing red warning sign for UK markets and long-term investment trust shareholders.
In the summer of 2020, a younger, tech savvy colleague rushed into my office: 'Alex, you have got to write about Reddit and how young people are making pots of money on social media share tips.'
Someone buying a retirement income today could secure a deal that is a massive 70 per cent higher than if they had bought in 2020, when deals hit a record low.
The headline and core rate of inflation have both fallen. What does this mean for your finances and where does it leave the Bank of England on rate hikes?
The average home was estimated to be worth £290,000 as of November, but the picture varies across the UK.
It should be simple to get the best out of your cash Isa but it can prove tricky and time-consuming to navigate.
Usual costs cover a cremation or burial, funeral director fees, a mid-range coffin, one funeral limousine, a doctor, and a minister or celebrant.
The Bank of England opted to hold the base rate at its current level in December, meaning interest rates begin 2025 at 4.75 per cent.
Prices tags for the 600e family crossover and Abarth 500e hot hatch have been trimmed by up to £4,220. Both now start from £29,975.
Is Aston Martin's hot new two-door two-seater Vantage Roadster - the ultimate soft top sports car? With a hefty £175k price tag the performance needs to speak for itself.
Overall, 36 per cent of adults have built up savings of at least £25,000, with 17 per cent sitting on £50,000 or more.
Saving money is often less about financial know-how and more about addressing the emotional and psychological factors that drive our spending.
Jellycat is no longer just a brand of soft toy your child likes to snuggle but a shrewd investment that can sell for thousands of pounds.
Mortgage rates have been edging lower this month, but the lowest rates remain above 4 per cent for the time being.
The era of super-cheap money is over, according to leading economists who argue interest rates will not fall back to the low levels enjoyed prior to 2022.
The proposed changes would limit rent increases to the lowest of either inflation or average wage growth.
'The biggest mistake in 2024 was not to be bullish enough,' says Fidelity's investment expert Tom Stevenson, but markets have began 2025 with a wobble.
DIY investment platform Trading 212 today boosted the rate on its cash Isa for new customers, bringing the rate above 5 per cent.
We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.
I've just moved into my first ever property. It is a brand new apartment which is within a converted mill. The pigeons continue to come, no matter how much we scare them.
With billions of tax-free cash set to mature, experts are warning savers to expect far worse returns.
The family home is likely to be one of your most valuable assets. This begs the question: 'Can I gift it to my children now? Lawyer Philip Sillars explains the risks.
EDF's new deal offers both existing and new customers £300 credit if you sign up to a home charger/tariff bundle.
Musk - who has been dubbed Trump's 'first buddy' (pictured together) - founded Space X in 2002 and it is now a leading manufacturer of advanced rockets.
A new Netflix movie starring Rory Kinnear as Burnley entrepreneur Dave Fishwick has hit number one on its streaming charts over the weekend.
I understand that from 2030 CPIH (Consumer Prices Index including owner occupiers' housing costs) will be introduced which is less than the RPI.
The average homeowner in England and Wales sold their home for £91,820 more than they paid for it, having owned it for 8.9 years on average.
A bond is an IOU or loan made by an investor to a government or company that must be repaid in full at a set date in the future.
Are the wheels coming off Rachel Reeves's 'wagon'?
Political allegiance may determine your answer to this question, but financial markets are adamant in their opinion.
The gilt yield spike is unfortunate for a Labour party that has repeatedly accused Liz Truss 'crashing the economy', so what's going on.
Tesla's best-selling car has finally been given a facelift and emerges in 2025 with new looks and improved range. Here's a first glimpse at the Cybertruck-inspired tweaks.
Choosing the right investing platform is crucial but a wealth of choice can leave investors scratching their heads. We pick some of the best.
We asked trusted experts to recommend the best funds that cover different investment sectors - and included This is Money's selection of active and passive options too.
If you are planning on investing, or just want to know more, we tell you
the 10 essential things to consider for a successful buy-to-let
investment
The British economy returned to growth by November, but output was weaker than expected, fresh data from the Office for National Statistics shows.
Taylor Wimpey said suppliers were trying to determine the impacts of the October Budget, which included increases to National Insurance rates and the National Living Wage.
Saba Capital, which is run by Wall Street financier Boaz Weinstein (pictured), is aiming to oust the boards of the trusts and replace them with its own nominees.
If you are one of the tens of thousands of people in the UK who pay for a personal alarm system then chances are you are unaware of a secret charge added on to your bill.
Young's chief executive Simon Dodd added that the hospitality sector would also face 'wider issues' amid the increase in employer NICs and the national living wage.
Alex Baldock (pictured) said the Currys will not hire as many staff in the UK after Rachel Reeves hit business with a £25bn hike in National Insurance.
The property tycoon (pictured with his wife Australian singer and actor Holly Valance), is the largest shareholder in Audioboom.
Sales of the luxury brand's handbags, promoted by model Emily Ratajkowski (pictured), rose 54% throughout the festive period.
The board of the bar and restaurant chain, which owns Cosy Club (pictured), had given its backing to a 310p a share offer from US buyout firm Fortress valuing it at £338m.
Vistry stuck to its most recent earnings forecasts and revealed it has streamlined the business following the shocks of 2024.
Markets have already been lifted by Trump's election victory and the prospect that it will mean less regulation and lower taxes.
Trump (pictured) will be inaugurated on Monday and three days later will address delegates virtually in what is almost certain to prove the summit's key event.
The consumer prices index dipped to 2.5 per cent in the year to December amidst falling hotel prices, according to the Office for National Statistics.
The London-based business revealed its like-for-like net fees slumped by 15% in the three months to December compared to the same period the previous year.
IDS, which owns the postal service, said the deal has been cleared by the European Commission and the US Committee on Foreign Investment.
Fuller's robust results come at a challenging time for a hospitality sector struggling with inflationary pressures, weak consumer sentiment, and mass venue closures.
In November last year, I was made redundant from my job as a warehouse supervisor. I have also been seriously ill as the result of a spinal stroke.
We want to let out my mother's house to pay for care costs, will this affect Principle Private Residence Relief?
Saba Capital boss Boaz Weinstein (pictured) said shareholders have lost out due to an 'ecosystem of greed' that has damaged the performance of UK trusts.
On National Pothole Day the state of our roads is bleak. Callouts were up a fifth end of 2024, car repair costs increased and compensation claims rose 20 per cent.
Beijing is discussing a scenario where Musk's (pictured) social media firm X would buy TikTok's US arm from Chinese owner Byte Dance.
The FTSE 100 oil giant said it has delayed next month's Capital Markets Day to allow chief exec Murray Auchincloss (pictured) to recuperate.
Donald Trump will mark his return to the global stage when he appears virtually at the annual gathering of business and political leaders on Thursday.
The New York Times has noted that in a fevered global rout of bonds, fuelled by hefty debt piles across the world's richest countries, Britain is the sickest.
Persimmon rallied by 5.5%, after reassuring investors that annual profits were likely to be towards the upper end of the range analysts expect.
The hedge fund behind a planned takeover of seven London-listed investment trusts has revealed plans for a new strategy it claims will help revitalise the entire sector.
The Wakefield-based retailer reported its turnover rose by 4.7 per cent in November and December, with store revenue increasing by 3 per cent on a like-for-like basis.
Games Workshop, which recently joined the FTSE 100, revealed its pre-tax profits jumped by a third to a forecast-beating £126.8million in the six months ending 1 December.
Apple is the front-runner in a tight contest to surpass the $4 trillion hurdle for the first time. But with a valuation of $3.6 trillion the iPhone maker is closely followed by microchip pioneer Nvidia.
Ocado secured record sales over the crucial Christmas trading period as the online grocer's customer numbers soared above one million.
The Government's housebuilding drive was handed a confidence boost on Tuesday after London-listed builders reported building more new homes than expected last year.
Saba, run by Wall Street financier Boaz Weinstein (pictured), has proposed to replace directors at the seven trusts with its own nominees.
The Bury-based group had hoped to follow fellow retailers Tesco, M&S and Kingfisher in achieving £1billion in pre-tax profits, but is now set to be beaten to the milestone by Next.
Under the agreement, GSK will pay $1billion upfront to acquire the Massachussetts-based firm, followed by up to $150million in 'success-based' milestone payments.
The majority of microbusinesses - those with under 10 full-time employees - say they are positive about growing their company.
In an unscheduled update to the City, Entain said it expects full-year earnings to be at the top of the £1.04bn to £1.09bn range it outlined in October.
Heathrow bosses are in talks with Government over a third runway to boost capacity. Chief exec Thomas Woldbye plans to improve infrastructure.
In another setback for Rachel Reeves (pictured), sterling slumped by as much as a cent to a 14-month low of $1.21 against the US dollar.
The Wilmslow-based womenswear brand said sales of partywear were 'strong' over the three months to 31 December 2024.
The most upbeat speech of Keir Starmer's sojourn at No 10, with his embrace of AI, was intended to lift spirits during a torrid period on markets.
Japan Equity Income has generated total investor returns of 19 per cent - better than the average Japanese fund over the same period of 17 per cent.
Reading is the latest council to consider charging cars that pollute more - which is often larger cars such as SUVs - more to park on the street and with permits.
The recruiter reported its gross profits fell by 12.9 per cent at constant currency rates to £196million in the fourth quarter of last year owing to weaker performances across all regions.
Less than two weeks into 2025 we've had our first defection from AIM in the form of Alliance Pharma.
Entain shares rose after the gambling giant upgraded profit guidance, despite its US business suffering 'customer friendly' sports results in the fourth quarter.
Serco chief executive Mark Irwin will retire this year, calling time on a 12-year stint with the outsourcing giant.
The founder of New York-based Saba Capital, is pushing for a huge shake-up at seven of the trusts, which hold stocks, bonds and assets on behalf of investors.
A survey found nine in 10 drivers think at least some headlights on cars on the road today are too bright
2025 is looking to be an even more expensive year for car repairs, new data warns, with experts concerned that drivers will shun repairs and maintenance to avoid bills.
The loss-making company had planned to build a 'green steel' electric arc furnace in the region and another at its main site in Scunthorpe.
The Tax Foundation, a respected US think-tank, estimates the new tariffs proposed - without taking account of retaliation - could result in the loss of 344,000 jobs.
A report is set to reveal 69 per cent of workers deal with failings in service - for which their own and other firms are responsible.
The idea of both Reeves and the governor of the Bank of England being on the other side of the world, during the current financial turmoil, is not the best optic.
When a Cabinet Minister tells people they should not be worried by what is happening on the financial markets, you know the Government is really scared. It should be.
Millions of homeowners dream of a new, extended kitchen, or creating more space with an extra bedroom or loft conversion.
RC Fornax wants to raise at least £5 million, valuing the business at £25 million, sources say.
Apple is the front-runner, but it is closely followed by Nvidia, with Microsoft hard on its heels.
Afiniti filed for bankruptcy in the US two months ago as the firm struggled under a mountain of debt.
Although head of the technology firm, Jo Gretton, admits the increase to National Insurance contributions 'will be a drag'.
Experts point out that you can discover your roots without having to sign up to costly subscriptions and much family sleuthing can be done for free.
The 78-year-old featured in most of Victoria's TV shows including Dinnerladies and Acorn Antiques.
I invested in whisky casks. Then it was suggested I invest £30,000 in Linc Drinks. I did, but then I heard about your article regards the company.
Unless these trust investors want their money to be run in the future by Saba, they need to vote against the proposals put forward by this corporate opportunist.
Reeves left a historically tiny buffer of £10 billion for this year in her Budget to meet her main rule that day-to-day spending be matched by tax receipts.
That's the question that investors are asking themselves about the UK.
So unless ministers take steps now to encourage them - or push back the 2030 deadline - the policy is doomed.
Some 81 per cent of respondents said they regularly saw people 'excessively speeding', with 55 per cent saying there was a culture among UK road users that it was acceptable to speed.
I'm vegan, so I contacted John Lewis customer services to ask if I could swap it for a vegan item of similar value - but was surprised that it said no.
There are lots of great reasons to leave money to charity in your will, most obviously because it is a wonderful thing to help others. Here's how to make most impact...
Sales of gold coins were three times higher between October and December than in the same period of 2023, according to The Royal Mint.
Liam Byrne wrote to the FCA and London Stock Exchange to ask how they will scrutinise the firm as it plans one of Britain's biggest ever flotations.
Although its latest update does not include December, the chemist said early signs showed the festive trading period had been 'solid'.
A report said fund managers are more willing to speak out against environmental, social and governance and diversity, equality and inclusion issues.
The mid-cap index is vulnerable to the weakening pound and deepening concern about the UK's growth prospects and fiscal credibility.
Retailers face an increase in business rates in April alongside a barrage of other costs imposed by the Chancellor.
Jaguar was mauled for ditching the iconic 'growler' badge, used for decades on grilles and bonnets, and replacing it with a curved geometric 'J' badge.
The drug manufacturer said its investors would receive 62.5 pence per share under the deal, a 40.9 per cent premium to its closing share price on Thursday.
The world's biggest shipping services firm now expects to report making at least £115million in underlying pre-tax profits in 2024, having made a record £109.2million the previous year.
Several companies managed to stave off the new year blues, not least ImmuPharma which bagged this week's spot as AIM's biggest riser.
A third of new cars entering the road last year were 'Chelsea Tractors', snatching the mantle of most popular segment from superminis, which had topped the sales charts for decades.
The building society said that the recent surge came from customers opting for cash to easier budget in the wake of the pandemic.
Policies designed to fight climate change 'probably' had a bigger impact on the inflationary upheaval of recent years than first thought, Sarah Breeden said.
The cost of borrowing soared to its highest level for more than a quarter of a century this week as gilt yields continue to rise. What are they?
The supermarket giant said its staff would receive a five per cent pay hike over the coming year, split into two separate increases to help 'navigate a challenging cost environment.'
One can understand why the Chancellor was happy to let her chief secretary to the Treasury take the heat for the crash in confidence in gilt-edged stock and the pound.
There are concerns that when the Magnificent Seven's run breaks, share prices will be hit hard but investors are reluctant to bet against so-called US exceptionalism.