Wincanton to go private – with board fed up with share price underperformance January 19, 2024 Wincanton, the logistics and warehouse outfit, is the latest firm to leave the London public market and head for private hands.
Sadiq Khan freezes TfL fares after drumming up extra £123m January 19, 2024 Tube and rail fares will be frozen until March 2025 after Mayor Sadiq Khan drummed up an extra £123m in funding for TfL.
JD Sports Fashion continues European expansion with completed acquisition of Poland’s MIG January 18, 2024 JD Sports Fashion has completed the acquisition of a 40 per cent stake in a Polish investment group as it pushes into European markets.
I was ‘institutionalised’ at Barclays – now I’m free to innovate, says former chief executive January 18, 2024 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, it’s former Barclays chief executive and 10x Banking founder Antony Jenkins.
City of London backs 65 Gresham Street revamp as Elizabeth Line’s Liverpool Street hub gets office space boost January 17, 2024 The site is within walking distance of Liverpool Street station, which became the busiest station in the UK last year with over 80m passengers, boosted by the Elizabeth Line, which is now the most popular route in the capital.
Revolut sued for closing account of late Russian oligarch’s son-in-law January 17, 2024 The son-in-law of a late Russian oligarch is mounting legal action against fintech Revolut for "unlawfully" closing his account, the High Court has heard.
Cutting wages is a short-sighted solution to hospitality’s woes January 17, 2024 The hospitality sector is under pressure, but foregoing fair pay is not a long-term solution, writes Andrea Rasca.
Superdry drafts in PwC to help with debt after profit warning and sales slump January 16, 2024 Superdry has drafted in advisors to help explore its debt-raising options, following a profit-warning posted last month by the firm.
Will Jane Fraser’s bold plan to overhaul Citigroup work? January 15, 2024 Citigroup, the US’ third-largest bank by assets, is eyeing a rebound in 2024 with a major restructuring under Scottish chief executive Jane Fraser.
Superdrug market share hits 10-year high as savvy shoppers boost sales January 15, 2024 High street chemist Superdrug now holds 40 per cent of the mass market share in cosmetics, as shoppers seeking out cheaper beauty alternatives help propel sales.