Carried interest: Labour sticks by plans to up private equity bonus tax April 3, 2024 Rachel Reeves has vowed to stick by Labour’s plans to increase tax on private equity bonuses, by upping the rate on carried interest transactions.
Hovis: Cost of a loaf of bread to hold steady after price hikes March 26, 2024 The cost of loaf of Hovis bread is set to remain steady this year after prices were hiked in the aftermath of Russia's invasion of Ukraine.
Esken: Former Eddie Stobart owner to enter administration March 21, 2024 Esken, the former owner of Eddie Stobart which recently agreed to sell an airport, has announced it will enter administration.
Can private equity push Labour to ditch its carried interest reforms? March 21, 2024 Carried interest, or ‘carry’, is one of the primary ways that private equity bosses make money. But Labour is looking to change that.
Pet retailer Jollyes’ former owner Kester Capital sees robust demand for new fund March 19, 2024 Kester Capital's latest fund has closed £50m ahead of target at £200m as the low mid-market private equity firm attracts new blue-chip institutional investors.
Bensons for Beds still in the red as fewer customers visit stores March 15, 2024 Bensons for Beds cut its losses as sales passed £250m during its latest financial year, new detailed accounts have revealed.
In The Style could make return to London Stock Exchange as takeover deal revealed March 11, 2024 Fast-fashion brand In The Style could be set to return to the London Stock Exchange after a possible takeover deal was revealed.
Apax backs down from Kin and Carta bidding war March 11, 2024 In a stock exchange notice today, Apax said that its offer for a takeover of the digital transformation company formerly known as St Ives has lapsed.
London fintech Flagstone notches £108m US private equity funding as it eyes international expansion March 11, 2024 UK fintech savings platform Flagstone has landed £108m funding from US private equity firm Estancia Capital Partners as it looks to tackle savings inertia and ramp up international expansion.
Alter Domus: Cinven buys majority stake in fund administrator March 4, 2024 Permira first took a stake in Alter Domus in 2017, with the firm having seen revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA) and employees quintuple in that time.