Despite its problems, Thames Water still aims to pay £2bn in dividends over the next decade water Thames Water has said it does not pay dividends to shareholders, but pays internal sums to its parent company Kemble Water Holdings
M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund Property The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), City A.M. can reveal.
Revolut to boost staff by 40 per cent this year amid rapid expansion Fintech Revolut expects to grow its global headcount by around 40 per cent in 2024 as the fintech pushes for rapid expansion and bucks a recent trend of layoffs among major financial and tech firms.
Global share buybacks drop despite dividend spike April 24, 2024 Global share buybacks dipped by 14 per cent last year to $1.1 trillion (£880bn) despite record dividend issuance from global companies.
Proxy battle fails to erupt as investors wave through FTSE 350 payouts April 24, 2024 The battle over paypackets for London’s top bosses failed to materialise in the opening months of the year as investors snubbed proxy firms and waved through bigger salaries for executives, new data suggests.
Hipgnosis bidding war shows these corporate jukeboxes are valuable after all April 24, 2024 The bidding war between Blackstone and Concord for Hipgnosis shows that the music asset class has not lost its allure, Jess Jones writes
Consumer group names TSB, Co-op Bank and Monzo as worst major banks for mobile app security April 24, 2024 The group reviewed the apps and websites of Britain's 13 largest current account providers between January and February, with assistance from computer security experts.
Cathie Wood on losing $14bn, Trump and where the UK has an edge over the US April 24, 2024 Cathie Wood has an answer to those accusations that her investment firm lost billions of her investors’ money investing in tech stocks.
FTSE 100 live: London markets set to extend rally as earnings take centre stage April 24, 2024 The daily London market update: Market moving news from the FTSE 100 and around the world from City A.M.
FTSE 100 today: London markets set to shine green, riding global upward momentum April 24, 2024 Asian markets followed Wall Street's upward trend, with oil and gold prices trading nearly flat as tensions in the Middle East eased. Tesla's stock soared 13 per cent after plans to fast-track a 'more affordable' model release. Attention now shifts to the upcoming earnings reports from Meta, Boeing, IBM, and Intel.