London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Gambling company Rank bounces back quickly following Omicron slump January 27, 2022 Gambling company Rank has marked its return to profitability in the six months ended 31 December, as a result of improved revenue performance in subsidiaries such as casino company Grosvenor as well as bingo firms Mecca and Enracha. After a Covid-induced slump, Rank’s profits went up to £24.1 compared with the £41.2m loss registered last [...]
Ola injects £100m into UK engineering and design innovation January 27, 2022 Ola Electric, India’s leading manufacturer of EVs, today announced Ola Futurefoundry, its global centre for advanced engineering and vehicle design.
UK Defence Secretary “not optimistic” invasion of Ukraine can be halted January 27, 2022 Defense Secretary Ben Wallace said that he is "not optimistic" a Russian invasion of Ukraine can be stopped, warning NATO may deploy more troops.
LG Energy Solution becomes South Korea’s second-most valuable firm after formidable debut January 27, 2022 LG Energy Solution Ltd (LGES) saw its stock price soar 68 per cent following its trading debut, as the battery maker becomes South Korea's second-most valuable company.
St James’ Place boosts inflows by £4.69bn in latest quarter January 27, 2022 Wealth manager St James' Place has beaten expectations, ending the year with a record £154bn of assets under management.
BA owner IAG lures Nicholas Cadbury away from Whitbread for CFO job January 27, 2022 Nicholas Cadbury, finance director at hotel and restaurant giant Whitbread, will join British Airways’ owner IAG as chief financial officer on 21 March. The news, confirmed this morning, was first announced in October after the current chief financial officer Steve Gunning decided to step down. “It has been a wonderful experience to be involved in [...]
Foxtons reports ‘much improved performance’ as profits hit top of expectations January 27, 2022 Foxtons announced it had a much improved performance in 2021 with profit at top end of expectations.
Trading platform IG hits ‘record’ highs thanks to global expansion January 27, 2022 IG Group reported a record quarter, with net trading revenue up by 16 per cent to £471.9m. The online trading platform reported that profit before tax increased eight per cent to £245.2m, while adjusted profit before tax increased 13% to £258m. Active clients increased 42 per cent to 320,400, reflecting the acquisition of tastytrade. The [...]
Mike Cherry interview: Now is not the time to saddle small businesses with higher taxes January 27, 2022 The pandemic has been a bumpy ride for Britain’s entrepreneurs and small businesses. Trying to navigate the choppy waters of the government swinging between tougher and looser restrictions to tame Covid-19 has been fraught with risk and uncertainty. But, one thing seems for sure: the looming heavier tax burden will weigh heavily on small firms, [...]
M&G gobbles up responsAbility in ethical investment push January 27, 2022 British investment giant M&G has taken a majority stake in sustainable investor responsAbility amid a string of recent takeovers.
