Burberry enjoy a rise in pre-tax profits

Burberry, the luxury goods retailer, has posted a substantial increase in this year’s pre-tax profits. 14% of this is attributed to the growth in Asian markets, where it has been increasing its presence. Although analysts had predicted profits of £415m, the group, well known for its camel, red and black checked-lined coats, posted a pretax […]

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First green bank allocates £635m to funding

British based GIB, or Green Investment Bank, is the first bank in the world that is solely focussing its lending on clean energy projects, and it has just announced that during its first 5 months of operation it allocated £635 in funding. The bank first opened last November, is backed with £3bn capital from the […]

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Shares fall in dating website Cupid

Ironically, during the week prior to Valentine’s Day investors seem to have decided that a website that plays match maker is not for them as the dating website Cupid has seen its shares drastically drop. In fact, the company shares are down 1p and the company lost almost an entire quarter of its value at […]

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