Fred Perry issues bumper pay day as sales pass milestone August 22, 2024 British sporting and fashion brand Fred Perry has paid out a bumper dividend after its sales jumped past the £150m mark during its latest financial year. Founded by Wimbledon champion Fred Perry in 1952, the company has issued £90m in dividends for 2023 after its turnover totalled £154.1m for the year. The figure comes after [...]
Playrix bosses and Candy Crush creators top first Sunday Times Gaming Rich List August 17, 2024 The founders of mobile game producer Playrix and the creators of Candy Crush are among the highest-placing figures on the inaugural Sunday Times Gaming Rich List 2024. Topping the list are Russian-born brothers Igor and Dmitry Bukhman, of Playrix, which is behind titles such as Township, Fishdom and Homescapes. The pair have a fortune of [...]
Croydon is a brutalist playground and a photographer’s dream August 15, 2024 I stand killing time on the platform of one of Croydon’s many decrepit railway stations. Like me, it’s seen better days, and again like me, its makeover has been on the cards for years. I do a lot of waiting and thinking here, mostly enforced. Norwood Junction: even the name sounds like a line from [...]
US accuses Georgia government of running scam call centres August 14, 2024 The Georgian government has been accused of operating scam call centres that defraud UK investors of millions each year. The Commission on Security and Cooperation in Europe – also known as “the Helsinki Commission” – called on the US State Department to launch an immediate crackdown on the Georgian Dream party. A statement released by [...]
As Ukraine brings war to Russia, Britain too must be bolder with sanctions August 14, 2024 It’s time for Britain to be bolder with its sanctions against Russia. If done right, they will even enrich Britain’s economy too, writes James Price When I am in need of inspiration, I occasionally turn to Russian state television. Not because it is a useful source of news, or because I believe any of the [...]
A burden or a blessing? PFIs look set for a return under Labour August 13, 2024 Reports that Rachel Reeves is mooting the use of private finance to fund the £9bn Lower Thames Crossing has fuelled chatter that Private Finance Initiatives could be set for a return.
Imane Khelif recent record as Yang Liu bout awaits controversial boxer August 8, 2024 With Imane Khelif set to fight for Paris 2024 Olympic Games gold, what does her record look like? The Algerian has faced criticism from a number of official bodies and fans with regards to her genetic make-up. Some suggest – such as the discredited Russian-led International Boxing Association – that she is in fact a [...]
Harbour Energy returns to profit despite falling revenue and cash flow August 8, 2024 Harbour Energy has returned to the black on Thursday despite the largest UK-based North Sea oil and gas firm suffering a dip in revenue and cratered free cash flow. The producer had been a victim of the energy profit levy imposed off the back of energy price spikes in 2022, with the 75 per cent [...]
EY UK sanctioned for breaching fee cap with Abramovich-owned Russian miner Evraz August 7, 2024 EY has been issued a financial sanction by the accountancy regulator for failing to comply with fee cap with Russian mining group Evraz.
NCA recovers £780,000 from sanctioned Russian billionaire’s estate July 29, 2024 The National Crime Agency (NCA) has recovered £780,000 from the estate of Russian billionaire Peter Aven following an investigation into potential sanctions evasion.