Post Office staff may soon get closure. What about HBOS Reading’s victims? January 9, 2024 Post Office postmasters went unanswered for far too long. Let’s not repeat the error with HBOS Reading’s victims Closure, it seems, is coming to the victims of the Post Office’s postmaster prosecutions, with politicians spurred into action by a heart-rending ITV drama. It is about time. But it is also true that it is not [...]
Chancellor meets with City grandees over London’s listings crisis January 9, 2024 Chancellor Jeremy Hunt held talks with top City chiefs on Tuesday as part of the government's efforts to attract more listings to the London Stock Exchange.
Terry Smith: ‘More than usually challenging’ 2023 hits stockpicker’s flagship fund January 9, 2024 LEGENDARY City stockpicker Terry Smith’s flagship equity fund underperformed global stock markets last year but analysts said punters wouldn’t be too ‘miffed.’
Rishi Sunak: Football regulator will resolve ‘New Deal’ dispute January 9, 2024 The 'New Deal for Football' package is estimated to be worth nearly £1bn.
Banks at risk from exposure to ‘opaque’ private equity sector, regulator warns January 9, 2024 Benjamin, who will be joining the Bank of England's Financial Policy Committee (FPC), noted that UK businesses now get as much funding from the non-bank sector as from traditional lenders.
Tinder and Hinge owner’s shares rise as activist investor Elliott builds 10 per cent stake January 9, 2024 An activist investor is trying to turn around Match Group as the Tinder and Hinge owner faces a stock slump.
Russia puts London-exiled Putin opponent and tycoon Khodorkovsky on wanted list January 9, 2024 Russia’s Ministry of Internal Affairs has put exiled Russian tycoon and opposition leader Mikhail Khodorkovsky on its wanted list, accusing him of spreading false information about the Russian army, Russian state news agency Tass said. The charge carries a sentence of up to five years in prison, Tass said. A criminal case was opened against [...]
As the Post Office Horizon scandal deepens Fujitsu posts £22m UK profits January 9, 2024 Fujitsu has recorded £22m in UK profits amid the escalating Post Office Horizon IT scandal.
Conde Nast sells Vogue House to shipping billionaire January 9, 2024 Conde Nast has sold its infamous Vogue House to an Israeli shipping billionaire.
Samsung issues profit warning as microchip market stutters January 9, 2024 Samsung has said its operating profit is likely to plummet 35 per cent in the fourth quarter of 2023 as it struggles to get a grip on a microchip market that is still in the lurch. The South Korean tech giant has forecast a dip to 2.8t South Korean won (£1.7bn) in its October to [...]