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Corporate News

  • Polar Capital’s key funds see inflows amid ‘challenging period’ for equities

    Polar Capital reported assets under management of (AUM) of £19.1bn at the end of September compared to £19.2bn at the end of March.

  • ‘Last mile’ logistics and flight to quality gives British Land reason for optimism

    British Land

    British Land, the developers behind Broadgate Circle, have seen a spike in demand for urban logistics hubs

  • PwC Australia cuts over 300 jobs following tax leak scandal

    PWC

    Pricewaterhouse Coopers (PwC) Australia on Wednesday announced hundreds of job cuts citing a slowing economy and the after-effects of a national scandal over leaked tax documents as a major audit client cut ties with the firm. The audit and consulting major has been under fire this year after revelations a former partner leaked government tax [...]

  • Persimmon appoints PwC veteran as new CFO after housebuilding improvement and share rally

    November 8, 2023

    Persimmon has chosen Andrew Duxbury to become its chief financial officer amid a rally for homebuilders as market conditions show signs of improvement.

  • “Doom and gloom starting to clear” for the London legal hiring market

    November 8, 2023

    Activity in the legal jobs market is up as new data shows September and October had the most recorded partner moves in a single two-month period. Legal recruitment specialist Edwards Gibson’s new report on law firm partner moves in London recorded 117 partner moves over the two month period. The numbers are 36 per cent [...]

  • Luxury shoppers switch to second hand Rolexes because wait time is too long

    November 7, 2023

    Impatient luxury shoppers are opting to buy refurbished Rolexes because the wait list for a brand new five-figure watch is too long, the chief executive of Watches of Switzerland has said.  Brain Duffy, who heads up the designer store, said the growing trend amongst consumers to purchase a refurbished model of the pricey status symbol [...]

  • Christmas fear for UK restaurateurs as Brits cut back on dining out to heat their house

    November 7, 2023

    In the run up to Christmas, 56 per cent of respondents said they would cut back on eating out at restaurants

  • Boohoo pressures suppliers to drive down prices, says BBC probe

    November 6, 2023

    Boohoo introduced a five per cent price cut for every week an order was late, a BBC report alleges

  • Aviva ‘immoral’ as row over defence company investment hots up

    November 6, 2023

    Defence secretary Grant Shapps has warned insurance giant Aviva against 'immorally' divesting from defence companies.

  • Blackstone boss Steve Schwarzman to speak at London investment summit

    October 30, 2023

    Blackstone's top honcho, Steve Schwarzman, is reportedly set to take the stage at the UK government's Global Investment Summit.

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