London Stock Exchange boss takes home almost £8m despite high-profile delistings Business The chief executive of the London Stock Exchange Group saw his pay packet swell to almost £8m despite the stream of high-profile delistings in 2024. David Schwimmer took home £7.8m for the group’s latest financial year, up from the £5.3m he was paid for 2023. His remuneration was made up of £1.3m in salary, a [...]
Ferrari Group picks Amsterdam for $1bn float in fresh snub to London Stock Exchange Business Ferrari Group, which specialises in shipping luxury goods across the globe, has announced plans for a $1bn float in Amsterdam in another blow to the London Stock Exchange. The London-headquartered company has confirmed its intention to launch an initial public offering (IPO) on Euronext Amsterdam. Ferrari Group was founded in Italy in 1959 and has international operations [...]
Rolls Royce, Antofagasta, Natwest: these top FTSE 100 stocks have returned over 30 per cent this year Markets The FTSE 100 does still offer something to get excited about despite a ballooning number of companies leaving the London Stock Exchange.
Pinewood Technologies pivots to software after sale of legacy Pendragon business April 25, 2024 On Thursday, Pinewood reported revenue of £24.5m from its software unit.
Sainsbury’s predicts profit to exceed £1bn as Aldi price-matching pays off April 25, 2024 Supermarket Sainsbury’s expects profits to exceed £1bn this year as it continues to win shoppers with loyalty card and Aldi price matching schemes.
Tortilla Mexican Grill to ‘double down’ on franchising as revenue leaps April 24, 2024 Tortilla Mexican Grill said it will “double down” on franchising to help capitalise on growth opportunities in both the UK and internationally.
Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent April 17, 2024 Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.
Superdry and Dr Martens shares tank on London exits and fears for the future April 16, 2024 Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
FTSE 100 firms braced for battle on executive pay as proxy advisers push back April 15, 2024 FTSE 100 firms are braced for a bruising few weeks as the battle with proxy advisors over executive pay in the City continues, with both LSEG and Smith & Nephew facing possible shareholder rebellions over pay.