Frasers boss Mike Ashley drops £50m lawsuit against Morgan Stanley May 3, 2024 Mike Ashley has dropped his £50m lawsuit against US bank Morgan Stanley, after nearly three month since the trial concluded
UK economy continues recovery as services sector hits highest level of growth in a year May 3, 2024 The UK services sector saw a spike in new orders in April but cost pressures also increased at the fastest rate since August.
Anglo American shares surge as Glencore reportedly mulls a takeover May 3, 2024 Shares in Anglo American have shot to the top of the FTSE 100 this morning after reports that rival Glencore was mulling a potential bid for the firm.
Smiggle creates over 100 UK jobs as sales and profits edge up May 3, 2024 Smiggle created more than 100 jobs as its UK revenue and profits edged up during its latest financial year, it has been revealed.
Media secretary demands updates into Redbird IMI’s Telegraph sale May 3, 2024 Earlier this week, Abu Dhabi-backed investment fund Redbird IMI formally withdrew its offer for the Telegraph and launched a sale of it.
Acquisition helps sales grow at cereal giant Weetabix May 3, 2024 The acquisition of a cereal maker on the border between England and Wales helped sales at Weetabix increase by almost 10 per cent, it has been revealed.
Former Lord Mayor William Russell elected chair of Barbican Centre Board May 3, 2024 Former Lord Mayor of the City of London William Russell has been elected chair of the City of London Corporation’s Barbican Centre Board.
City private equity house Pollen Street reports strong demand for its private funds May 3, 2024 City private equity house Pollen Street said it was on track to raise a €1bn deals warchest today as it bumped up its assets under management in the first three months of the year.
Asda kicks debt worries into the next decade after £3.2bn deal May 3, 2024 Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt, it has been announced.
Future: Publishing giant poaches ITV veteran to be new finance chief May 3, 2024 Publishing giant Future has poached ITV veteran Sharjeel Suleman to be its new chief financial officer as the firm looks to rebound from a slump in profit last year.