Wise hikes profit guidance as customers sending cash overseas surges again January 16, 2024 Money transfer firm Wise reported another boost in the amount of customers pinging cash overseas today as it continued to feel the lift of rising interest rates in the final three months of the year.
Experian: More growth for credit data firm as it raises expectations January 16, 2024 Experian has said activity in its UK, Ireland and Latin America regions helped deliver strong revenue growth in its third quarter.
Ocado: Marks-linked grocery tech giant cheers bumper online Christmas orders January 16, 2024 Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand
General Atlantic snaps up UK infrastructure firm to create $96bn investor January 16, 2024 US private equity giant General Atlantic has snapped up a London infrastructure investor to create a “global investment platform” with some $96bn in assets under management, the firms announced today.
THG signs fulfilment deal with Holland & Barrett and sees Q4 sales growth January 16, 2024 THG saw revenue growth of 1.1 per cent across the ‘golden quarter,’ it told markets this morning. Group revenue hit £597.9m in the quarter, with sales across the full financial year ending in December at £1.98bn. THG’s Q4 performance represented the best quarter of this financial year and the firm this morning hailed a “pleasing [...]
Wage growth continues falling as signs emerge of loosening labour market January 16, 2024 Policymakers at the Bank have repeatedly stressed that further progress is needed on wage growth to justify loosening policy.
Financial deals set for rate-fuelled rebound from nine-year low, EY says January 16, 2024 Mergers between financial services firms could be set for a rebound this year despite UK deals slumping to a nine-year low in 2023, EY has said.
London firms dust off ‘defence manuals’ ahead of private equity offensive January 16, 2024 London’s listed firms have been dusting off “defence manuals” and conducting “dry-runs” in recent months as they prepare to fend off unwanted approaches from private equity houses, insiders have told City A.M..
Ancient + Brave: Meet the female-led wellness brand breaking down barriers January 16, 2024 Sitting at the kitchen table with three things in mind – profit, people and the planet – Kate Prince discovered the perfect way to combine her passion for sustainability, creativity and female empowerment into one.
Fears grow of deteriorating jobs market after recruitment firms update on 2023 January 16, 2024 On Monday morning Pagegroup became the third recruitment firm this year to reveal the impact that a slowing jobs market has had on its performance.