Man Group shares dive as choppy markets spark fall in assets under management August 2, 2022 Shares in fund management giant Man Group plunged nearly six per cent this morning after it reported a dip in its assets under management and warned that market turbulence may lead to volatile flows in the months ahead.
Sage revenues jump as firms plough cash into cloud August 2, 2022 Software giant Sage Group said revenues had jumped to £1.3bn today as firms continue to plough cash into digital transformation projects sparked by the pandemic.
Bunzl snaps up Aussie warehousing firm in flurry of acquisitions August 2, 2022 London-listed distribution firm Bunzl said it was poised to snap up four new firms today as it readies an expansion into the warehousing solutions space.
Biffa extends takeover deadline as bosses set aside £20m to settle tax bill August 2, 2022 Waste management firm Biffa reported a jump in revenues to £1.44bn in its full year of trading today as it narrowed pre-tax losses following a difficult pandemic year.
Virgin Money reports jump in accounts as lender braces for cost of living crunch August 2, 2022 Virgin Money boss David Duffy said the lender was braced to support customers through a cost of living crunch today as the high street lender reported a jump in digital personal and business accounts in the third quarter of the year.
UK services hamstrung by ‘bizarre’ neglect in trade policy, lobby group says July 28, 2022 The UK’s services sectors are being hamstrung by political neglect and a lack of attention in trade policy, a top City group warned today.
Startups restraining breakneck growth plans in hunt for funding, says VC chief July 28, 2022 UK startups are paring back growth-at-all-costs business plans and mapping out firmer routes to profitability as recessionary fears cause investors to pull back from higher risk bets, a top venture capital chief said today.
CMC Markets shares plunge after cost warning July 28, 2022 Shares in CMC Markets plunged over 20 per cent this morning after the online trading platform issued a warning that soaring costs would eat into profits in the six months ahead.
Schroders assets jump as inflows top £8.4bn July 28, 2022 Asset manager Schroders notched a jump in the value of its managed assets in the first half of the year as strong inflows helped buck sharp falls in equity and bond markets.
Short selling on the rise as rosy retail investors go gloomy July 27, 2022 Sceptical retail investors are betting on a sustained slide on forex and commodity markets this year as short positions surged in the past quarter, new data has revealed.
