Interflora’s losses widen as flower delivery giant attempts ‘boldest pivot in 100-year history’ May 28, 2024 Losses widened at the UK arm of flower delivery firm Interflora widened its pre-tax losses last year, as the firm continued to struggle with customers spending less.
Natwest resolves ‘glitch’ that left thousands of customers unable to access accounts May 28, 2024 Thousands of Natwest customers were left unable to access its mobile app and online banking services for roughly four hours on Tuesday morning, triggering a flurry of complaints on social media.
London-listed Berkeley Energia launches near £1bn arbitration proceedings against Spain May 28, 2024 Listed-Berkeley Energia's Spanish entity has filed a request for arbitration proceedings against the Kingdom of Spain over alleged violation of provisions of the Energy Charter Treaty
ETF Ponzi funds: How market bubbles are born every day May 28, 2024 'Ponzi funds' chasing a small number of stocks are inflating asset prices by as much as $500m every day, a new paper has revealed.
Shelved Natwest share sale could give much-needed stock market boost, broker says May 28, 2024 The government's decision to shelve plans to offer part of its remaining stake in Natwest to retail investors has brought past privatisation schemes back into focus.
Xeros Technology: Yorkshire water-saving firm’s revenue surges by 81 per cent May 28, 2024 Xeros Technology Group plc, the creator of technologies that reduce the impact of clothing on the planet, said revenue increased 81 per cent in the year to December as a result of increased licensing revenue.
Ingenta reveals strongest profit yet as share price soars May 28, 2024 UK software developer and publishing firm Ingenta has had its most successful year to date, growing its pre-tax profit to £2.2m over the past 12 months.
General Election 2024: Labour backs British ISA plans but Natwest share sale under ‘review’ May 28, 2024 The Labour party has confirmed it will push ahead with the government’s plans to introduce a British ISA if elected to power but will keep the much-hyped sale of Natwest shares under “review”, City A.M. can reveal.
Sorted: Chief who oversaw tech firm’s sale for just £66.73 steps down May 28, 2024 The chief executive of delivery tech platform Sorted who oversaw its sale for just £66.73 earlier this year has stepped down.
Arrowxl to be sold after former Yodel owner racked up debts of over £150m May 28, 2024 ArrowXL is to be sold after the company behind it, which is owned by the billionaire Barclay family and formerly included Yodel, racked up debts of more than £150m ahead of entering administration.