‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats
Peugeot owner PSA roars to record profit as group prepares for Fiat merger February 26, 2020 Peugeot manufacturer PSA Group offset a slump in vehicle sales across European markets as it posted a record profit in 2019, ahead of its merger with Fiat Chrsyler later this year. However the firm said that an industrial shutdown in China as a result of the coronavirus outbreak could knock its supply chain, leading to [...]
McColl’s suspends dividend as it swings to £100m loss February 26, 2020 Convenience store McColl’s sank to a huge £100m loss in 2019 as it warned investors it will cancel their dividend today. McColl’s swung deep into the red last year, falling to a loss of £98.6m before tax, down from a 2018 profit of £7.9m. The retailer warned in December that it would miss profit expectations [...]
The EIS-y hall of fame: Four companies that wouldn’t have existed without the Enterprise Investment Scheme February 26, 2020 While EIS and SEIS offer meaningful tax advantages to investors, it’s important to remember that their main function is to help kickstart new businesses and ventures. As the independent trade body for the EIS and SEIS industry, our core aim at the EIS Association is to help small and medium-sized enterprises obtain the funding that [...]
William Hill beats profit expectations but warns of £10m hit from credit card ban February 26, 2020 William Hill managed to beat its own expectations on full year profit today after the government rolled out a £2m betting limit, but warned of a possible £10m hit from an impending credit card ban. The figures William Hill’s adjusted operating profit fell 37 per cent year on year to £147m, ahead of management guidance [...]
EIS investing: A leap into the unknown February 26, 2020 For the uninitiated, investing can often feel like an alphabet soup of different acronyms. But knowing what they all mean can open up a whole new world of options for how to put your money to work. As investors prepare for a number of government changes to how they can invest in startups, City A.M. [...]
City Moves for 26 February – Who’s switching jobs at Lunson Mitchenall, Record and Alvarez & Marsal? February 26, 2020 Today’s City Moves includes Lunson Mitchenall, Record and Alvarez & Marsal Lunson Mitchenall Niche retail and leisure agent, Lunson Mitchenall, has extended its London team with the appointment of Zaz Robb as a surveyor. Zaz previously worked at Shackleton and will join the firm’s new office in Covent Garden, where she will be working on [...]
It shouldn’t take a global pandemic for firms to see the benefits of flexible working February 26, 2020 News that the coronavirus outbreak has sparked the world’s biggest work-from-home experiment in China, alongside advice to Brits returning from Italy to “self-isolate”, will have been met with mixed reactions. Some will be delighted to avoid the risks to their own health and maximise their productive hours from the relative comfort of their own homes. [...]
Exclusive: Javid to make first statement since exit February 26, 2020 Sajid Javid will today make a short statement in Parliament, his first public intervention since he resigned as chancellor just under a fortnight ago. Javid stepped down after being asked to fire his aides by the Prime Minister as part of a drastic reorganisation of Number 10 and 11 Downing Street. Refusing, Javid said “no [...]
Another UK-EU battle seems almost certain February 26, 2020 Remember the summer of 2018? The sun shining almost constantly, England’s footballers marching to the latter stages of a major international tournament, and interminable battles between Westminster and Brussels over the future relationship between the UK and the European Union. Alas, the first two can’t be guaranteed — though we deserve some vitamin D after [...]
The chancellor could use the Budget to help both startups and investors February 26, 2020 Ahead of any Budget, there is always great speculation on what may be announced. This year, the focus thus far has been on when a Budget would happen and who will deliver it. But with the new chancellor Rishi Sunak confirming that it will go ahead on 11 March, all attention has turned to the [...]
