M&G snaps up major stake in non-bank lender Finance Ireland July 6, 2022 London-listed M&G revealed it has snapped up a major stake in Ireland’s largest non-bank lender Finance Ireland today, as the international savings and investments firm looks to diversify and expand. FTSE-100 M&G has taken a 41 per cent stake in the firm, bosses said, with the investment made on behalf of the £143bn Prudential With [...]
Majority of Tory voters think Boris Johnson should resign, YouGov poll finds July 6, 2022 The majority of Conservative voters think prime minister Boris Johnson should resign, amid continued party turmoil and shock resignations last night. The number of Tory voters now disapproving of the current party leader has leaped 20 per cent since 9 June, according to the latest poll by YouGov. Rishi Sunak quit as chancellor on Tuesday, [...]
Just Eat and Amazon team up on takeaways in U.S. July 6, 2022 Takeaway giant Just Eat and Amazon have launched a new partnership today to give Amazon Prime members access to free deliveries on order in its U.S. unit Grubhub.
It’s a strike: Ten Entertainment smashes 2019 sales as families flock back to bowling alleys July 6, 2022 Bowling firm Ten Entertainment posted sales growth of 52.6 per cent in the first half of 2022 compared to 2019 levels thanks to "record-breaking" bank holidays.
Topps Tiles’ commercial business to climb into profitability next year July 6, 2022 The UK’s largest tile retailer, Topps Tiles, has said its historically loss-making commercial business will climb into profitability next year, as it continues to navigate falling consumer confidence, supply chain challenges and historic levels of inflation. “We remain confident that the business will break even in the second half of the year and then move [...]
Recruiter Robert Walters notches record quarter amid hypercompetitive labour market July 6, 2022 London-listed recruiter Robert Walters said today it enjoyed a record quarter in the three months to June as firms jostled for talent in a hypercompetitive jobs market.
Solicitor General Alex Chalk follows Rishi Sunak and Sajid Javid and resigns as Tory MP cannot ‘defend the indefensible’ July 6, 2022 Cheltenham MP Alex Chalk has confirmed his resignation as Solicitor General. In a letter to Boris Johnson, Mr Chalk said it was “with great sadness” he was quitting the post but added he could not “defend the indefensible”. He wrote: “To be in government is to accept the duty to argue for difficult or even [...]
Exclusive: Multi-utility firms are the future for small businesses, says Everflow boss Josh Gill July 6, 2022 One-stop shops are the best way forward for small businesses (SMEs) looking to have their utility needs met, argued Everflow boss Josh Gill.
Consumer confidence plunges to Covid lockdown lows as households’ financial worries spiral July 6, 2022 Consumer confidence in the economy has plunged to its lowest point since the start of the pandemic as Sainsbury’s top boss warned the worst was yet to come. According to Which? research published today, only eight per cent of consumers felt the UK economy would improve over the next 12 months. However, nearly eight in [...]
City office provider buys back full portfolio amid record interest July 6, 2022 London office provider Office Space in Town (OSiT) has claimed full ownership of its portfolio, City A.M. can reveal today, as it looks to grow its portfolio into a £1bn powerhouse before the end of the decade. The company, which has a market capitalisation of some £220m, has snapped up the remaining 80 per cent [...]