Hydrogen-focused investment trust finds success in private companies Investment trusts Hydrogenone Capital Growth, the investment trust focused on cash into clean hydrogen, has reported a strong performance of its underlying holdings, even though its share price has struggled. The trust’s net asset value (NAV) has grown 0.6 per cent since the start of the year, and 3.6 per cent since March 2023, it reported in [...]
TSB Bank to cut 250 more jobs and close 36 branches in cost-cutting drive Banking TSB Bank is planning to cut around 250 jobs as part of a broader restructuring effort, joining other mid-sized high street lenders looking to reduce costs.
Traders short sterling as bets on Bank of England rate cuts grow UK economy Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).
ISA season breaks new record despite UK outflows revealing ‘structural problem’ May 8, 2024 Charles Hall, head of research at Peel Hunt, warned that the data showed "exactly why the UK market has a structural problem".
Regulator rejected parliament’s pleas to extend ‘name and shame’ consultation May 8, 2024 The boss of the Financial Conduct Authority rejected a direct request from the house of Lords to extend a consultation on its controversial ‘name and shame’ plans, it has emerged.
Brewdog boss James Watt quits as chief after 17 years May 8, 2024 The boss of Brewdog has said he's leaving the company after 17 years,
Mace: HS2 London Euston contractor boss to step down in top brass shake-up May 8, 2024 HS2 Euston contractor Mace Euston has announced a new chief executive alongside a raft of top-level changes.
FTSE 100 live: London starts in the green amid increasing bets on rate cut May 8, 2024 The daily London market update: Market moving news from the FTSE 100 and around the world from City A.M.
Cityfibre: Network provider hits profitability in challenge to BT Openreach and Virgin Media May 8, 2024 Cityfibre recently announced its acquisition of network provider Lit Fibre, which has boosted its full fibre rollout by up to 300,000 sites.
Seasalt: Delayed results reveal sales success but profits under pressure May 8, 2024 Sales surged past the £100m mark at fashion brand Seasalt but profits were slashed, according to heavily delayed accounts.