CFO retirements hit six year high amid increasing regulatory burdens March 31, 2025 Over 15 per cent of chief financial officers (CFOs) left their roles at listed companies over the last year due to heightened regulatory requirements. CFO departures reached their highest rate in six years for the UK and US, according to research from Russell Reynolds Associates. This has caused the average tenure of the executive members [...]
Primark boss resigns after investigation into social conduct March 31, 2025 Primark boss Paul Marchant has resigned after an investigation into his behaviour by Primark’s parent company ABF. ABF’s share price fell nearly four per cent after the announcement. ABF Finance Director Eoin Tonge will act as Primark chief executive on an interim basis, while ABF Group Financial Controller Joana Edwards will act as interim ABF [...]
Yougov shares plummet after profit slumps March 31, 2025 Yougov’s shares plummeted six per cent this morning after the pollster revealed profit before tax had fallen 21 per cent over the last six months. While Yougov’s revenue jumped 34 per cent over the last six months, its underlying growth was just two per cent, it said in its interim results. This mismatch was because [...]
Aston Martin: F1 team stake up for sale as Stroll set to boost holding March 31, 2025 Aston Martin is at risk of a takeover from Canadian billionaire Lawrence Stroll as he looks increase his stake in the car manufacturer by £52.5m. Stroll’s Yew Tree Consortium is attempting to acquire 75m shares in Aston Martin at a seven per cent premium, bringing his ownership of the car manufacturer to 33 per cent. [...]
Trump condemns Putin as two killed in Russian strikes on Ukraine March 30, 2025 Donald Trump has hit out at Russian President Vladimir Putin for comments he made about the leader of Ukraine. The US president was speaking after Russian drones hit a military hospital, shopping centre and apartment blocks in Ukraine’s second-largest city of Kharkiv, killing two people and wounding dozens. In an interview with NBC News, he [...]
Justin Welby says he forgives abuser Smyth March 30, 2025 Former archbishop of Canterbury Justin Welby said he forgives serial abuser John Smyth as he repeated an apology to victims and told of the “deep sense of personal failure” he feels about the handling of allegations. The former most senior bishop in the Church of England, who resigned in November and stepped down officially in [...]
Government asks MP watchdog to review expenses rules March 30, 2025 Ministers will ask a Parliamentary watchdog to review some expenses claims after a Labour MP was able to claim £900 from the taxpayer in “pet rent”. Security minister Dan Jarvis insisted his colleague Taiwo Owatemi, a Government whip and the MP for Coventry North West, followed the rules when she made the expenses claim in [...]
Iran rejects direct negotiations with US after Donald Trump letter March 30, 2025 Tehran has rejected direct negotiations with the US in response to a letter from Donald Trump over its rapidly advancing nuclear programme, the president of Iran has said. The remarks from Masoud Pezeshkian represented the first official acknowledgement of how Iran responded to Trump’s letter. It also suggests that tensions may further rise between Tehran [...]
Raspberry Pi: Results in focus after London IPO March 30, 2025 Raspberry Pi is set to give an insight into demand for its new chips after the computer firm was thrust into the spotlight when it launched on the London stock market last year. The Cambridge-based business will publish its full-year financial results on 2 April. Rasperry Pi’s revenues soared by 61 per cent in the [...]
Yvette Cooper signals no progress made exempting UK from tariffs March 30, 2025 Home secretary Yvette Cooper has indicated that no progress has been made to exempt the UK from US president Donald Trump’s tariffs, adding that they could harm the entire world’s economy. Asked by Sky News’s Sunday Morning With Trevor Phillips programme how damaging she thought the tariffs could be, the home secretary said: “In the [...]
