Crystal Palace owner raises $40m ahead of planned IPO November 27, 2024 Portuguese investment fund UCEA Capital Partners has made the initial investment as part of a $100m financing round ahead of a planned $2bn float early next year.
Dunelm boss: A rise in the living wage is good for our company November 27, 2024 The boss of Dunelm has said that an above-inflation increase to the minimum wage will have a positive effect on the home furnishings giant, despite a flurry of retailers decrying the increased bill. Dunelm chief executive Nick Wilkinson said that the resulting increase in consumer confidence – due to higher disposable income – will ripple [...]
Neobrokers take aim at Hargreaves Lansdown and AJ Bell November 27, 2024 A crop of neobrokers are ramping up their challenges to the industry’s dominant players in what experts say could reshape Britain’s retail investment scene.
Just Eat delisting ‘blow to the City’ and setback for Reeves November 27, 2024 Just Eat Takeaway abandoning the London Stock Exchange “highlights a troubling trend” for UK markets as the government struggles to keep companies listed in Britain. The takeaway delivery company cited low liquidity, burdensome regulatory requirements, and high costs as key reasons for its move, which analysts said underscored the uncompetitiveness of London’s equity markets. “If [...]
UK equities to lag US after Trump return – but FTSE 100 could beat Europe November 27, 2024 In the wake of Trump's victory, investors broadly agreed that the US stock market will continue to outshine peers for the foreseeable future.
St James’s Place shutters property funds amid sector downturn November 27, 2024 St James’s Place has begun to wind down its three property funds as the sector struggles to make it past the blows it sustained during the coronavirus pandemic. The three funds, which operate as unit trusts, pension and life funds, will shutter over the next two years, with regular payouts to investors in the funds. [...]
Standard Chartered mulls sale of three African units November 27, 2024 Standard Chartered is exploring a sale of its wealth management and retail operations in three African countries as the banking giant seeks to free up firepower for its investment plans.
Starmer refuses to rule out further tax rises or more borrowing November 27, 2024 Sir Keir Starmer has refused to rule out further tax rises or additional borrowing when challenged to repeat his Chancellor’s pledge not to “come back with more”. During Prime Minister’s Questions (PMQs) in the House of Commons on Wednesday, Conservative opposition leader Kemi Badenoch asked Starmer about Rachel Reeves’ words. She said: “At the Confederation [...]
Is this Brentford AirStream the coolest hair salon in London? November 27, 2024 Given that it’s right on the river and neighbours with Richmond and Chiswick, Brentford doesn’t get spoken about a whole lot. Until recently, that made sense: there wasn’t much to visit for. But new residential homes in the area have attracted interesting attractions, including one of London’s most alternative – but also most fun – [...]
Saracens chief departs club after just 10 months in charge November 27, 2024 Previous chief executive Lucy Wray stepped down after four years in the role in a surprise move halfway through last season.