Labour pledge to overhaul audit and corporate governance regime September 25, 2023 The Labour Party has said it will pass long-awaited legislation on audit and corporate governance reforms if it wins the next general election.
City watchdogs target diversity in finance with raft of new rules September 25, 2023 The City watchdogs have taken aim at lacklustre diversity and equality in the Square Mile today with a raft of proposals designed to boost representation and stamp out bullying and sexual harassment.
FTSE 100 close: China concerns resurface to send London markets lower September 25, 2023 Markets opened lower on Monday as renewed concerns over the Chinese economy dented sentiment.
Ladbrokes owner Entain warns of slower online gaming revenues September 25, 2023 Coral and Ladbrokes owner Entain has slashed its full-year outlook for online gaming revenues after worse-than-expected recent trading and said it was ramping up efforts to overhaul the business. The group said online net gaming revenues had been softer than predicted since the summer as sporting results went in favour of punters, as well as [...]
Aldi throws £1.4bn into expansion as discount grocer enjoys record sales September 25, 2023 German discounter Aldi will invest £1.4bn over two years to support its expansion plans, as customers seeking out cheaper groceries continues to be a boon for the business. The value supermarket revealed today that its annual sales increased by a whopping £2bn to £15.5bn in the year to December, a record for the store in [...]
Activist investor Kelso takes stake in ‘undervalued’ retailer The Works September 25, 2023 Activist investor Kelso has snapped up a stake in arts and crafts retailer The Works today and said it will look to “restore the intrinsic valuation of the firm” after a slump in its share price over the past five years.
Oil prices hold firm as Russia puts more pressure on supplies September 25, 2023 Oil markets have stabilised in this morning's trading, with consolidating historic price gains on both major benchmarks.
Evergrande: Shares dive again as China property giant says it can’t issue debt September 25, 2023 Shares of China Evergrande plunged as much as 24 per cent on Monday after the embattled developer said it was unable to issue new debt
Berry Bros & Rudd to snap up Britain’s oldest vineyard Hambledon for £22.3m September 25, 2023 Britain’s oldest commercial vineyard, Hambledon, is set to be picked off by the country’s oldest wine merchant after striking a £22.3m deal to sell itself, the firm announced today.
Aviva picks up rival’s protection business in £460m deal September 25, 2023 Insurance giant Aviva has acquired AIG's UK protection business for just shy of half a billion pounds, the firm confirmed this morning.