Brooks Macdonald outflows surge to £300m as cost-cutting pays off April 17, 2024 Investors in Brooks Macdonald pulled £300m from the asset manager's funds last quarter, much higher than previous months.
Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data April 17, 2024 This week market caution looks justified following two upside surprises on two crucial pieces of economic data.
London Gatwick co-owner strikes £1.27bn deal for majority stake in Edinburgh Airport April 17, 2024 A majority stake in Edinburgh Airport has been acquired by French infrastructure group Vinci for £1.27bn, it has been confirmed.
Semiconductor giant ASML says sales blip is ‘warning sign’ for chip-makers like Apple supplier TSMC and Intel April 17, 2024 ASML designs and builds the systems and software used in the production of microchips, which are essential for data centres.
Equals: Payments fintech extends deadline for merger talks with MDP, Railsr and TowerBrook April 17, 2024 Equals has again extended a deadline for formal takeover offers as the fintech payments group conducts a strategic review into its standalone prospects.
Aston Martin and Lamborghini supplier Surface Transforms sets out ‘worst case scenarios’ April 17, 2024 Surface Transforms, a supplier to the likes of Aston Martin and Lamborghini, has set out its growth expectations for the year after a shareholder requested it revealed its "worst case scenarios".
Severfield launches buyback as booming steel demand in UK and Europe powers record backlog April 17, 2024 The acquisition of Voortman has helped the firm diversify from its home market in the UK, with 32 per cent of its order book now located in Europe.
Time Out to open in Budapest, Abu Dhabi and Vancouver in 2025 – but still no London market April 17, 2024 To add to its existing seven food and drink markets, Time Out also has plans to open eight other sites in the next three years.
Saga cruises back to growth as over 50s return to the high seas April 17, 2024 Saga's ocean cruising business roared back to life with underlying profit before tax hitting £35.5m, compared to an underlying loss after tax of £0.7m in the previous year.
Urban Logistics REIT boosts rental income after failed Abrdn trust bid April 17, 2024 Real estate investment trust Urban Logistics has seen rents jump significantly across its properties, as the warehouse owner recovers from its failed M&A bid earlier this year.