JPMorgan overtakes Barclays in UK deal fee ranking in blow to investment bank July 3, 2024 JPMorgan has jumped ahead of Barclays to take the top spot in a UK deal fee league table in a blow to the British lender's investment banking ambitions.
Election 2024: Mel Stride claims Labour heading for ‘largest majority ever’ July 3, 2024 Mel Stride appeared to concede defeat ahead of the general election, suggesting the Labour Party was “heading for an extraordinary landslide”.
Michelin nearly doubles UK profit as tyre price rises accelerate sales July 3, 2024 The UK arm of tyre giant Michelin has almost doubled its pre-tax profit as it fought off the rising cost of production by upping its prices.
Election uncertainty knocks activity in service sector July 3, 2024 Despite the fall, June's final PMI was higher than the 51.2 recorded in the initial 'flash' estimate
Elizabeth Line gets 4G and 5G mobile coverage for the first time July 3, 2024 New mobile coverage has been installed between Liverpool Street and Paddington Station and the whole line will benefit from 4G and 5G by summer's end.
Baillie Gifford-run trust ditches £20m Rio Tinto stake over ESG concerns July 3, 2024 An investment trust run by Scottish asset manager Baillie Gifford has ditched its £20m stake in Rio Tinto, calling out the mining giant for inadequate ESG practices.
Activeops ‘well placed’ for investment as profit rises July 3, 2024 The firm posted a pre-tax profit of £1m, up from a loss of £0.2m the year prior. Revenue meanwhile rose five per cent to £26.8m.
Topps Tiles’ sales continue to fall as homeowners steer clear of ‘big ticket’ DIY July 3, 2024 The London-listed Topps Tiles Group has seen sales drop year-on-year as it says demand for big-ticket home projects remains low amid a "challenging" macroenvironment.
Fintel pays Abrdn £14.6m for Threesixty amid acquisition spree July 3, 2024 SimplyBiz parent company Fintel has completed its purchase of Threesixty Services from asset manager Abrdn in the AIM-listed firm's latest acquisition.
This government is out of ideas, out of energy, and deserves to be out of office July 3, 2024 Our verdict on the General Election: this Conservative party deserves a spell on the sidelines