Old Vic Theatre: £20m needed to keep historic London venue running ‘a challenge’ June 12, 2024 The Old Vic Theatre said it faces a challenge to raise the more than £20m needed to keep its historic Waterloo home in working order, as it battles to create a financial model robust enough - despite the success of its record breaking musical Groundhog Day.
April GDP figures show scale of the challenge if Starmer wins the election June 12, 2024 Philip Shaw, chief UK economist at Investec, said "April’s numbers represent a blip in the recovery story rather than the start of a new downturn".
Safestore: Share price dips after ‘robust’ trading June 12, 2024 Shares in Safestore Holdings dipped in early trade, despite the self-storage provider reporting "solid" trading conditions in the UK market.
Rats! Rentokil London future in doubt after Nelson Peltz builds a stake June 12, 2024 Trian Partners, founded by Peltz, told Bloomberg News it had reached out to the Crawley-based pest-exterminator with ideas to “improve shareholder value” after building a stake that put it among the top 10 shareholders in the firm.
City watchdog clamps down on e-money firm Astropay owned by Uruguay’s first-ever billionaires June 12, 2024 The City watchdog has imposed restrictions on a fintech firm owned by Uruguay’s first-ever billionaires as it tries to improve standards in a more lightly regulated segment of the payments industry.
‘I’m £5,000 down’: Co-op Bank apologises after duplicate payments glitch June 12, 2024 The Co-operative Bank has apologised to customers after complaints that a glitch had caused payments to be taken twice from some small business accounts.
Starling Bank posts third annual profit ahead of expected London listing June 12, 2024 Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned IPO.
Spirits trade has tough year in 2023 according to AIM-listed Distil June 12, 2024 Despite the difficult environment, turnover at the firm increased 15 per cent year-on-year to £1.5m with Goulding pointing to a "continued expansion" of its brands in the UK on-trade.
Ørsted: Wind energy giant invests in Tesla battery to help lower electric bills June 12, 2024 Wind-power giant Ørsted has invested in a Tesla battery storage system for what is set to be the world's single largest offshore wind farm.
Legal & General reveals sweeping overhaul and kicks off first share buyback in a decade June 12, 2024 Legal & General has revealed plans for a sweeping overhaul today including the merger of its two asset management arms and a first share buy back in over a decade, as new chief Antonio Simoes looks to set out a fresh direction for the company.
