One of Russia’s top food retailers cancels London listing June 18, 2024 O'Key group pulled out of London this morning, after notifying markets about its intention to do so last month.
Firms still face ‘significant pressure’ despite slight decline in insolvencies June 18, 2024 Last year saw the highest number of company insolvencies since 1993, with 25,000 firms going under.
Cosmen family pounces on ‘depressed’ share price of National Express owners June 18, 2024 The Cosmen family has upped its stake in the owner of National Express to 21.1 per cent. from 20.2 per cent.
Stablecoin Issuers Are Becoming Major Holders of US Debt June 18, 2024 If stablecoin issuers were a country, they would be just outside the top 10 nation-state holders of US government debt.
Oxford Biomedica issues new shares to secure a £17m investment June 18, 2024 Cell and gene therapy company Oxford Biomedica has announced a near £17m investment which will see it issue new shares to the London Stock Exchange.
‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid June 18, 2024 A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.
Atom Bank notches first annual pretax profit after jump in mortgage lending June 18, 2024 Atom Bank has become the latest UK digital lender to swing to its first annual profit, with the group benefiting from higher interest rates and a jump in mortgage lending.
Mike Ashley’s Frasers Group begins £80m share buyback scheme June 18, 2024 Mike Ashley's Frasers Group, which owns the likes of House of Fraser and Sports Direct, has launched a new share buyback programme of up to £80m.
Premier Inn owner Whitbread hails improved Germany sales as London bookings falter June 18, 2024 Premier Inn and Beefeater owner Whitbread saw sales at its German hotels improve slightly, partially offsetting its stagnant occupancy rates in the UK.
Aston Martin supplier Surface Transforms delays results again amid share price woes June 18, 2024 Surface Transforms said it anticipates full-year results will finally be published in late June 2024, having previously been expected in mid-April.