Hunt’s record January surplus isn’t the good news the Chancellor was looking for February 21, 2024 The £9.2bn undershoot on borrowing in the year-to-date is good news, but it won't have a big impact on how much headroom the Chancellor will have in the Spring Budget.
Vistry: Housebuilder defends doubled pay packet for chief February 21, 2024 Housebuilder Vistry Group's boardroom remuneration committee has not bowed to shareholder pressure over its chief executive’s hefty salary and bonus package.
Easyjet headed for FTSE 100 return after falling out during Covid slowdown February 21, 2024 Easyjet is headed for a post-pandemic return to the FTSE 100 after falling out of the top flight when aircrafts were grounded during lockdown.
CVC launches sixth Asia fund as demand for private equity remains strong February 21, 2024 The new fund is 50 per cent larger than its predecessor, which was raised in 2020 and closed at $4.5bn (£3.6bn).
Citigroup raises Scottish chief Jane Fraser’s pay to £20.6m while slashing 20,000 jobs February 21, 2024 Citigroup has handed its Scottish chief executive Jane Fraser a six per cent pay rise to $26m for 2023, citing her bold plan to overhaul the Wall Street bank.
Urban Logistics: Bidding war erupts over Abrdn property trust February 21, 2024 A bidding war has erupted over the Abrdn Property Income Trust, as the £592m Urban Logistics REIT has made a counteroffer to Custodian Property Income's bid for the trust.
Reinsurer Conduit Re sees underwriting business surge as clean balance sheet offers ‘tremendous freedom’ February 21, 2024 Pure-play insurance firm Conduit Re has reported a surge in business underwritten for 2023 and said its strong balance sheet offers "tremendous freedom".
Ex-Deputy PM Raab to join Pall Mall mining investment operation February 21, 2024 Dominic Raab, the former foreign secretary and deputy prime minister, has been appointed to a senior role at a Pall Mall private equity shop.
Angling Direct reels in revenue despite choppy retail environment February 21, 2024 Specialist fishing tackle and equipment retailer Angling Direct has continued to make profit despite disruptions from storms and an economic downturn. In an update, the publicly listed firm said revenue grew 10.2 per cent to £81.7m in the full year to January 2024. UK sales were also hiked nine per cent to £77m, as the [...]
Keystone: Higher rates and new staff to help AIM-listed law firm outperform expectations February 21, 2024 "Sustained client demand, as well as the impact of new joiners, has generated a better than anticipated revenue outturn," the firm said.
