Wall Street banks JPMorgan and Goldman Sachs set for earnings boost on dealmaking rebound July 8, 2024 Wall Street lenders are set to post higher investment banking fees for the second quarter of 2024, as early signs of a rebound in dealmaking partly offset weaker growth in lending income.
British Patient Capital invests £90m London biotech company July 8, 2024 British Patient Capital recently also invested £10m into biotech firm Curve Therapeutics to support its cancer drug discovery technology.
Starmer: Nationalising debt-laden Thames Water ‘not consistent’ with our fiscal rules July 8, 2024 Nationalising Thames Water would “not be consistent” with Labour’s fiscal rules, the Prime Minister’s spokesman has said.
Savers sees profit jump after cutting hundreds of jobs July 8, 2024 Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.
Travel boom helps aviation tech pioneer SITA take-off July 8, 2024 Founded in 1949, SITA provides the global air transport industry with IT and technology solutions to speed up travel.
Hit musical Hamilton smashes Edinburgh theatres’ box office records July 8, 2024 The operator behind iconic Edinburgh venues including the Festival Theatre and King's Theatre, has continued its post-pandemic comeback as the musical Hamilton smashed the group's box office records.
Hiscox shares soar as Lloyd’s of London insurer attracts foreign takeover interest July 8, 2024 Shares in Hiscox surged as much as 14 per cent on Monday following news that two foreign rivals are considering takeover bids for the Lloyd’s of London insurer.
Bank of England’s Haskel prefers holding rates on back of ‘tight’ labour market July 8, 2024 A Bank of England rate-setter said he would prefer to leave interest rates on hold to ensure the surge in inflation has been decisively tamed.
Investment trust industry urges Labour to win ‘early success’ on cost disclosure rules July 8, 2024 The investment trust sector has called for the incoming Labour government to scrap "misleading" cost disclosure rules on the sector that it says are hampering its performance.
Downing Strategic Micro-Cap hits back at activist investor attempt to ‘thwart’ wind-down July 8, 2024 Activist investor Milkwood Capital has been condemned by an investment trust it is targeting for an attempt to thwart its pursuit to shutter.