Cornish Metals gets £40.5m backing to revive tin production March 28, 2022 Cornish Metals has bagged a £40.5m funding injection as it looks to revive tin production at one of the county’s iconic tin mines.
NatWest falls back into private hands after 14 years under majority taxpayer ownership March 28, 2022 NatWest has fallen back into private ownership after the state ditched more of its holdings in the high street lender, the government announced today. It is the first time since the financial crisis 14 years ago that the bank formerly known as Royal Bank of Scotland has not been majority owned by the taxpayer. The [...]
Barclays faces £450m loss over securities mix-up March 28, 2022 Barclays is reportedly facing a £450m loss over the mishandling of US securities in 2019, which has forced the lender to hit pause on its £1bn share buyback scheme. The scheme will be frozen until the error is investigated by regulators, The Times first reported. The banking giant said it had offered and sold too [...]
Inmarsat posts humble revenue growth as satellite giant gears up for Viasat’s £5.4bn takeover March 28, 2022 British satellite giant Inmarsat reported a humble 6.3 per cent hike in revenue to $1.35bn (£1.03bn) in 2021 as the company gears up for the completion of its $7.3bn (£5.4bn) takeover by US rival Viasat.
City A.M. Awards 2022: Accountancy Firm of the Year March 28, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Laura Kuenssberg to present BBC’s new Sunday morning politics show March 28, 2022 Laura Kuenssberg has announced she will be presenting BBC's Sunday morning politics show from September.
Lloyd’s of London boss hospitalised and CFO temporarily takes the helm March 28, 2022 Lloyd’s of London boss John Neal has been hospitalised following a bike accident over the weekend. Neal is expected to make a full recovery, Lloyd’s said in a statement today, after the accident which occurred on Saturday. The commercial insurance market will be helmed by chief operating officer and chief financial officer Burkhard Keese and [...]
Shares plunge in London-listed recruiter hit by soaring costs and Afghanistan turmoil March 28, 2022 The RTC Group has been hit by soaring operational costs and higher employment levels, as the recruiter wrestles with a pandemic-era trend of people not wanting to change their jobs. The London-listed company’s revenue fell from £81.4m in 2020 to £77.7m in the year to 31 December, as its CEO explained the removal of Western [...]
Shapps looks to strong arm P&O with minimum wage law changes March 28, 2022 Ministers are hatching plans to try and strong arm beleaguered ferry firm P&O into rehiring the 800 workers it unceremoniously sacked this month.
As supermarkets keep costs low, farming bears the brunt of inflation in the middle March 28, 2022 The British farming industry is facing a tumultuous future. The impact of high inflation coupled with the reverberations of the war in Ukraine has left farmers high and dry without access to crucial products. What insiders have termed an “unprecedented crisis” could cause radical change in the British farming sector – an opportunity for some, [...]
