Pisces: City figures raise concerns over viability of private market February 26, 2025 City figures have raised concerns over the Financial Conduct Authority’s plan for the new ‘Pisces’ market designed to allow share trading for private companies, warning that the scheme could “undermine the credibility of UK markets”. Pisces—the Private Intermittent Securities and Capital Exchange System—was devised by the previous government as part of efforts to revive UK [...]
Harry Styles: Companies owned by pop star at risk of being shut down February 26, 2025 Three companies owned by pop star Harry Styles are at risk of being forcibly shut down after failing to file their accounts on time. Companies House has issued first gazette notices for the compulsory strike off of Erskine Records, HSA Publishing and Pleased As Holdings. If the strike offs go ahead, their assets could become [...]
International Personal Finance looks to future growth amid profit boom February 26, 2025 Consumer credit provider International Personal Finance’s profit was more than expected in 2024 as it continues to look towards future growth. The firm, which is headquartered in Leeds, earned £85.2m in profit before tax, ahead of analysts’ expected range of £78m-£82m. International Personal Finance’s full-year financial report revealed record profits from its operations in Mexico and Australia and [...]
Heathrow to pay first dividend in five years to new owners February 26, 2025 London Heathrow Airport plans to pay its owners a first dividend in five years after passenger numbers reached record highs in 2024. The West London hub has settled on a payout of £250m over the coming weeks, the first since before the pandemic. Heathrow’s ownership underwent its most significant change in decades in 2024 after [...]
Rathbones beats profit expectations as merger progresses February 26, 2025 Rathbones’ operating income increased to £895.9m in 2024, beating analyst expectations as the firm progressed with its merger of Investec Wealth and Investment (IW&I). The wealth manager revealed profit before tax almost doubled last year, from £57.6m to £99.6m in its full-year results. The firm’s underlying profit before tax increased from £127.1m to £227.6m, above the [...]
Ahead of the Game: Rangers’ US takeover could hinge on EFL talks February 26, 2025 Rangers’ takeover by US investors could depend on talks between EFL clubs about loosening regulations which prevent the dual ownership of clubs in different competitions – including the Premier League and Scottish Premier League – at their divisional meetings this week. No vote will take place as the issue is not a formal agenda item, [...]
Gousto in major expansion as it takes on Hellofresh February 26, 2025 Recipe kit provider Gousto has revealed plans to expand into the Republic of Ireland and create new jobs as it ramps up competition with Hellofresh. The company said the move will add more than 30 jobs in 2025 across management, marketing, food, supply chain and fulfilment. Gousto, which joins Hellofresh in operating in the Republic of [...]
One in ten part-time retail jobs at risk from changes to tax thresholds February 26, 2025 A leading retail body has warned that up to 160,000 part-time jobs could be at risk over the next three years due to the rising cost of employment. Part-time roles are particularly susceptible to tax changes announced at the Budget. Retailers will be taxed on any employee earning more than £5,000, down from the current [...]
Why clubs – not schools – are key to solving the youth crisis February 26, 2025 Youth clubs were great levellers of the 1980s and 90s. A new wave would go a long way in tackling today's youth crisis, writes Eliza Filby.
Entain on a ‘losing streak’ as gambling giant battles legal problems February 26, 2025 Entain share price has fallen by over 20 per cent over the last year as the listed group's legal problems continue to cause a headache