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.
Inglorious Barca: Identity crisis engulfing Barcelona’s Champions League last chance February 21, 2024 Tensions are running high at the cash-strapped club ahead of a big tie.
BAE Systems’ order backlog hits record levels as global defence spending booms February 21, 2024 BAE Systems enjoyed a record year for new orders in 2023, as defence spending boomed in the wake of the war in Ukraine and rising geopolitical tensions.
Pawnbroker H&T snaps up Essex firm as recession drives Brits to borrowing February 21, 2024 Pawnbroker H&T has snapped up a rival firm in Essex for £11.3m, as the business continues to profit from cash strapped Brits amid an economic squeeze.
Market data specialist Arcontech sees profits jump as clients stay loyal February 21, 2024 Arcontech, which specialises in financial market data processing, has reported a jump in profits as its blue-chip client base remains loyal despite tough economic conditions.
