Specsavers: Sales and profit rise as bumper pay day scrapped Retail Specsavers has scrapped the bumper dividend it has been handing to its billionaire owners despite its sales and profit growing during its latest financial year. The chain has paid out £15m in each its last two financial years to founders Dame Mary Perkins and her husband Doug. Over that time, Specsavers’ turnover has increased from [...]
Bank Aston to be first locally licensed Guernsey bank in 30 years Banking Bank Aston has secured a banking licence from the Guernsey regulator that will make it the first locally licensed bank in the jurisdiction within 30 years. Bank Aston positions itself as a specialist provider for offshore trustees, investment funds, and family offices, which are key sectors in the Channel Islands’ financial services industry. The firm [...]
Britain’s overseas territories are an asset, not an anachronism Opinion Far from historical oddities, Britain’s crown dependencies and overseas territories make an important contribution to the United Kingdom – and Brexit provides an opportunity to unleash even more of their potential, says James Price Hopefully you have by now become aware of Labour’s abject attempts to give away the Chagos Islands, along with billions and [...]
Doric Nimrod Air Two: Guernsey-based fund makes £153m plane sale to Emirates August 21, 2024 Doric Nimrod Air Two has sold off five more planes to Emirates for £30.7m per plane after it sold two other plans to the company last year. The Guernsey closed-end fund will cash out of its five Airbus A380-861 that it bought in 2011, the fund said in a stock exchange announcement today. Over the last 12 [...]