Mattioli Woods profits jump after flurry of deals September 13, 2022 London-listed wealth manager Mattioli Woods posted an 88 per cent jump in profits today after a spate of acquisitions bolstered its bottom line in the 12 months to May.
Eurowag admitted to FTSE250 following Frasers’ comeback to FTSE100 September 13, 2022 Eurowag was admitted today to the FTSE250 Index after Sports Direct’s owner Frasers made a comeback to FTSE100. “Having listed on the London Stock Exchange in October 2021, the inclusion in the FTSE 250 Index further highlights Eurowag’s credentials as a public company,”said Martin Vohanka, chief executive of the Czech tech platform, on Tuesday. “With [...]
Making Bitcoin energy efficient will take time, but it will be worth the wait September 13, 2022 Viktor Prokopenya, executive director of VP Capital and renowned analyst, reveals his optimism over the reputation of crypto mining.
Google gears up for £20bn ‘ad tech’ claim that it pushes revenues away from newspapers September 13, 2022 Google is being sued for up to €25bn (£21.6bn) over claims it has deprived other sites from obtaining billions of pounds in advertising revenues. The class action complaints from both UK and the Netherlands argue that the Silicon Valley giant used its advertising tech to unfairly sideline publishers, like newspapers, magazine and blogs. The main [...]
Abrdn looks to bolster balance sheet with £262m Indian insurer sale September 13, 2022 Asset manager Abrdn has shed a chunk of its stake in Indian insurer HDFC today as it looks to bolster its balance sheet after swinging to a loss in the first half of the year.
Woodford fund managers set to challenge £306m bill September 13, 2022 The manager of Neil Woodford’s collapsed investment fund said it is prepared to challenge a regulatory ruling in the courts today as it looks to sidestep a potential £306m bill over its role in the scandal.
Congestion to hit London as mourners flock in their thousands September 13, 2022 Congestion is expected to hit London as hundreds of thousands of mourners flock to the capital to pay their respects to the Queen. There are currently up to 750,000 people lining the streets of Westminster queuing to see the Queen’s coffin, in contrast with Westminster Hall’s capacity to process 350,000. Network Rail stations across London [...]
Shares soar for Trustpilot as revenue jumps in half year September 13, 2022 The operator said total revenues had climbed 25 per cent on a constant currency basis to $73.41m in the half-year results, leading to a 43 per cent reduction in underlying losses to $6.59m. The group reported a loss for the period of $9m, down from $17m the year before, with adjusted EBITDA loss of $5m, [...]
Sainsbury’s injects £20m into boosting shop workers’ wages September 13, 2022 Sainsbury’s has said it will boost pay for its shop workers in London to £11.20 per hour, as well as offering employees free food amid the cost of living crisis. The supermarket said it was investing £25m into supporting its hourly paid workers, with some £20m being pumped into employees’ pay packets. Employees at Sainsbury’s [...]
Bitcoin looking to steal the show during Ethereum’s turn in the limelight September 13, 2022 The Ethereum Merge is almost upon us, but it appears Bitcoin is determined to take its place in the spotlight from a price perspective.
