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  • In The Style: Why fast-fashion brand once worth over £100m was forced to sell itself in cut-price deal

    January 15, 2024

    The full financial challenges that faced fast-fashion brand In The Style before it was forced to sell itself to avoid administration have been revealed for the first time.

  • Rail strikes: Fresh action to cause misery for millions into February

    January 15, 2024

    Train drivers have announced fresh strikes and an overtime ban at the end of the month, in a blow to recent progress in the national dispute.

  • UK banks could face major losses over FCA motor finance review

    January 15, 2024

    UK banks could be on the hook for billions in compensation, according to analysts, after the City watchdog announced a review into unfair costs on discretionary car finance commissions.

  • EMEA M&A Outlook: Optimism and Opportunity

    January 15, 2024  |  City Talk

    M&A in the EMEA region seemed to have bottomed out in Q1 2023 and H2 slowed after a bustling Q2. But the outlook remains relatively optimistic and opportunities appear to be out there for dealmakers this year. Factors affecting M&A The past year saw multiple interest rate hikes, and the European Central Bank’s (ECB) efforts [...]

  • Sykes Seafood’s sales jump by £100m as headcount grows – but profits narrow

    January 15, 2024

    Turnover jumped by more than £100m at Sykes Seafood during its latest financial year which also saw its headcount spike.

  • Fragrance Direct predicts return to growth after ‘challenging year’

    January 15, 2024

    Fragrance Direct has said it expects its performance to improve over the coming months after blaming its fall in sales on a number of factors including the cost-of-living crisis.

  • City job vacancies dropped nearly 40 per cent in 2023 as firms reverse post-pandemic overhiring

    January 15, 2024

    Job openings and jobseekers in the City's financial services sector have fallen back to pre-pandemic levels, according to new data, as firms respond to high costs and overhiring.

  • FTSE 100 today: London markets brace for muted start amid thin U.S. holiday trading

    January 15, 2024

    Asian markets decline in response to sparse U.S. holiday trading; China's central bank maintains stable lending rate; investor attention shifts towards Q3 earnings and China's Q4 GDP figures,

  • Capita hits back as pension holders look to sue over Russian-linked cyber attack

    January 14, 2024

    Capita is facing legal action over last year's cyber attack, but denies there is any valid basis for a claim.

  • Qinetiq looks to drive share price turnaround as rivals prosper

    January 14, 2024

    QinetiQ will give investors a glimpse of what's to come in 2024 on Tuesday, after a subpar share price performance last year.

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