Terry Smith’s Fundsmith Equity escapes the doghouse, but £54bn still stuck in underperforming funds August 16, 2024 As many as 137 equity investment funds in the UK have been condemned to the ‘doghouse’ after consistently underperforming their market benchmark over the last three years. The report from Bestinvest, which identified the funds in the ‘doghouse’ due to persistent underperformance, found £53.4bn of investor cash stuck in funds that have consistently underperformed the [...]
NBA and Paris 2024 star Kevin Durant takes minority stake in PSG August 14, 2024 Phoenix Suns NBA player and Team USA gold medallist at Paris 2024 Kevin Durant has invested in Ligue 1 football club Paris Saint-Germain (PSG). The 35-year-old – formerly of Seattle SuperSonics/Oklahoma City Thunder, the Golden State Warriors and Brooklyn Nets – has reportedly purchased a “single digit millions” shareholding in the Arctos Sports Partners stake [...]
Former JD.com boss found to be still leading e-commerce giant from London August 4, 2024 The founder of the Chinese e-commerce giant JD.com, Richard Liu, has been silently leading the company from London despite stepping down in 2022.
Greggs: Sausage roll-co breathe sigh of relief with ‘no plans’ to raise prices in 2024 July 30, 2024 Greggs has confirmed there are no plans to raise prices for the rest of the year, as London sausage roll-loving commuters breathe a sigh of relief. Chief executive Roisin Currie confirmed the news this morning are previous price increases of 5p for products were driven by wage increases, she said. The bakery boss added that [...]
Greggs: Bakery chain on a roll as sales up once again July 30, 2024 Greggs' total sales for the 26 weeks to June 29 reached £960m, crediting the boost in numbers to a partnership with Uber Eats and the roll-out of its evening trade plan.
City hails ‘critically important’ reform as FCA looks to revive IPO market July 29, 2024 Leading City figures have hailed the Financial Conduct Authority's shake-up of the UK's prospectus regime and listings rules, calling the red tape-slashing proposals "critically important" if the UK is to become "match fit".
Seoul Bird chef Judy Joo shares her favourite places to eat in London July 17, 2024 Seoul Bird chef Judy Joo shares her favourite London restaurants
Wincanton slipped into the red before London deslisting by US logistics giant July 8, 2024 Wincanton slipped into the red for the first time in more than 20 years in the year leading up to it being taken private by the logistics giant GXO.
Election 2024: Business rates the immediate focus for retail as sector responds Labour landslide July 5, 2024 In the run up to the election, they were cautious over the next government's approach to business rates, as Labour were tight-lipped on any possible tax rises.
NBA return to London would be ‘wonderful’ says USA and Warriors coach July 3, 2024 Kerr's star-studded USA team will play at the O2 this month before heading to the Paris Olympics.