Kemi Badenoch stand-off with ex-Post Office boss escalates as he defends interview branded ‘full of lies’ February 20, 2024 The article suggests he was told by a top civil servant to stall "compensation payments to Horizon victims so the government could “limp into the election” with the lowest possible financial liability."
Petra Diamonds predicts slow recovery in diamond prices February 20, 2024 The average realised price per carat for the six months came in at $113 per carat (£90), in line with prices in the first half of the year but down 29 per cent from the second half of 2022.
Capital One announces tie-up with Discover in $35.3bn deal creating payments giant February 20, 2024 "Our acquisition of Discover is a singular opportunity to bring together two very successful companies with complementary capabilities and franchises," said Richard Fairbank, founder, chairman and chief executive officer of Capital One said.
Lok’n Store’s development pipeline grows as company seeks to capitalise on demand for self-storage February 20, 2024 A publicly listed self storage company is close to opening its biggest store to date in Barking, Greater London.
Kistos set to buy EDF’s UK gas storage arm for £25m February 20, 2024 The company was set up to acquire and manage companies in the energy sector engaging in the energy transition trend.
IHG: Holiday Inn owner unveils another buyback as revenue and profit jumps February 20, 2024 Total revenue at the British chain, which owns a number of affordable and high end hotel, also leaped £3.6bn.
Farringdon’s iconic Piano Works snapped up by listed bar giant February 20, 2024 Alan Lorrimer, founder of The Piano Works, said: "We now have the potential to expand The Piano Works and prove that customers across the country will love our immersive audience requested live music experience."
Plus500 plotting deals spree as it readies £138m payout to shareholders February 20, 2024 Retail trading platform Plus500 topped market expectations and announced plans to put $175m back in shareholders pockets today despite a squeeze on revenues and profits over the past year.
Barclays plans to return £10bn to shareholders and cut £2bn in costs by 2026 February 20, 2024 Barclays has unveiled a drop in annual profits as the bank undergoes a sweeping restructuring designed to save £2bn in costs and return £10bn to shareholders by 2026.
Regulator launches investigation into baby formula market February 20, 2024 The CMA investigation, which was launched today, came off the back of a November study which found manufacturers raised prices by 25 per cent over two years, increasing profit margins during the cost-of-living crisis.
