Deutsche Bank to buy British stockbroker Numis for £410m April 28, 2023 Deutsche Bank said on Friday it had agreed to buy Numis Corp, a London-based institutional stockbroker and corporate adviser, for about 410 million pounds ($511.2 million) as the German company deepens links with the UK corporate client segment. The 350 pence-per-share, all-cash offer represents a premium of 72 per cent to Numis stock’s Thursday close. [...]
Lloyds Bank orders staff to return to the office ‘at least’ two days a week April 28, 2023 Hybrid workers will have to spend at least two days a week in the office, Lloyds has told staff, with “card swipe data” used to monitor their return.
Pearson reports strong quarter as it announces £300m share buyback April 28, 2023 Educational publisher Pearson said the start of the year has been strong, with results ahead of expectations in the initial months. The company reported sales had grown by 2 per cent across the business, but excluding a unit that it has agreed to sell and the hit from running a strategic review, sales were up 6 per [...]
WANdisco confirms falsified orders linked to one employee April 28, 2023 An investigation into the beleaguered tech firm WANdisco has found that falsified accounts can be traced back to one senior sales employee, the company said on Friday. The Sheffield-based data company said the investigation — carried out by advisory firm, FRP Advisory — found that falsified purchase orders associated with the senior employee in question [...]
FTSE 100 live: No Friday feeling for London index as banks follow Natwest to dip into negative territory April 28, 2023 London’s blue chip FTSE 100 index was trading flat, down 16 points at 7,815.94, as banks led the fall in the last day of trade before the May bank holiday. Despite better than expected profits Natwest shares fell 5.58 per cent. Michael Hewson chief market analyst at CMC Markets said: “When NatWest reported its full-year [...]
MPs urge government to protect North Sea wind farms from Russian sabotage April 28, 2023 The government must protect renewable energy assets in the North Sea such as wind turbines from Russian sabotage, MPs have warned.
Amazon share price tanks after software giant announces fall in cloud spend April 28, 2023 The brakes appeared to be coming on to Amazon’s cloud growth spending as the tech giant said it was looking to cut costs. The news overshadowed the company’s quarterly sales, and an announcement that its profits that topped expectations. Amazon’s value rose $125bn (£100bn) but remarks by its chief financial officer Brian Olsavsky, drove the [...]
Natwest profits soar but customers withdraw £1bn as cost of living and tax bills bite April 28, 2023 Natwest has beaten profit expectations during the first three months of this year. Natwest Group, which includes Royal Bank of Scotland and Ulster Bank, recorded a pretax profit of £1.8bn in the three months ending 31 March. The total comes in ahead of analysts’ expectations of £1.6bn for the quarter and ahead of the £1.2bn during [...]
London rents surge to record high of more than £2,500 as experts warn of no let up in sight April 28, 2023 London rents have surged to their highest level on record and experts have warned there is little sign of the capital’s housing market improving any time soon, fresh figures out today reveal. The cost per month of renting a property in London climbed 14 per cent over the last year to £2,501, according to search [...]
HMV to reopen flagship London Oxford Street store after ‘dramatic turnaround’ under new owner April 28, 2023 Music and entertainment giant HMV will reopen its flagship London store on Oxford Street after four years, in wake of a “dramatic turnaround” under new ownership. The move comes after the company fell into administration in 2019, shuttering its store on the high street, partially due to the increase in streaming, which dented physical sales [...]
