Nationwide CEO: No plans for more big acquisitions after £2.9bn Virgin Money deal May 23, 2024 The chief executive of Nationwide has said the lender is not considering any more big-ticket acquisitions, with Britain's largest building society already busy enough finalising its £2.9bn takeover of Virgin Money.
Qinetiq share price soars as global defence spending rises May 23, 2024 Defence contractor Qinetiq has hiked its dividend as a surge in national defence spending lifted full-year profit to £215.2m.
Boohoo hands top bosses bumper bonuses despite losses nearing £160m May 23, 2024 The co-founders and chief executive of Boohoo received a £1m bonus despite the fast fashion giant's losses swelling to almost £160m during its latest financial year.
Nigel Farage won’t stand at the 2024 General Election, opting for US campaigning instead May 23, 2024 “Important though the general election is, the contest in the United States of American on November 5 has huge global significance.
Tate and Lyle reaches sale agreement of American subsidiary May 23, 2024 Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle. The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m). The [...]
News Corp: The Times and Sun publisher pens ‘beautiful friendship’ deal with OpenAI worth £200m May 23, 2024 OpenAI now has access to current and archived content from many of News Corp's publications, including The Times and The Sun.
London’s West End gets welcome boost with return of foreign tourists May 23, 2024 An influx of foreign tourists over the past 12 months has delivered a boost for the West End's biggest landlord, Shaftesbury Capital, as it reveals its first financial results since its £3.5 bn takeover last year.
How to use AI to boost your chances of start-up success May 23, 2024 Ambition A.M. takes a look at how you can use AI to your advantage as a small business owner, whether it be to scale your start-up or simply re-organise your day-to-day activities.
David Beckham-backed Lunaz restarts after administration and job cuts May 23, 2024 Lunaz, the electric car company backed by David Beckham which collapsed into administration earlier this year, has completed a restructure and restarted production.
Goldman-backed Petershill sees private equity activity picking up May 23, 2024 "Crucially, we have maintained our high bar for new acquisitions as we seek out high performing sector specialist Partner-firms," the partners continued.