Commodity traders still made bank last year despite calmer markets April 5, 2024 Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.
House prices: March only slowing property growth, not reversing it April 5, 2024 The price of a home grew by just 0.3 per cent in March, slowing down from a 1.6 per cent rise when compared to the previous month.
Why there’s doubt over Royal Mail’s fourth chief in five years, before she’s even started April 4, 2024 Royal Mail's incoming chief Emma Gilthorpe has not yet stepped foot in the door but she already faces scepticism about her credentials.
Gulf Marine Services upgrades outlook again and raises prospect of a dividend as oil sector booms April 4, 2024 Oil field service provider Gulf Marine Services (GMS) has posted a strong set of final results in which net profit, revenue and margins were all up and its debt burden down.
Future: Marie Claire and Country Life publisher returns to growth as mags continue to sell April 4, 2024 Magazines under the Future brand, including Marie Claire and Country Life, helped grow sales in the first half of the year.
Baillie Gifford’s Schiehallion offsets concerns about private company values with NAV growth April 4, 2024 Schiehallion, the Baillie Gifford fund, has reported that its discount widened last year amid negative market sentiment towards its investments and challenging macroeconomic conditions.
Bunq becomes first EU neobank to report annual profit after surge in users and interest rate boost April 4, 2024 Dutch mobile banking firm Bunq has become the first EU neobank to report an annual profit as it gears up to re-enter the UK market and mulls an IPO.
Clearbank reports first annual profit as deposits double and customers boom April 4, 2024 Clearbank has posted its first annual profit on the back of growth in fees, customers and deposits as its clients attracted business with competitive interest rates and sought security following high-profile bank failures last year.
Carried interest: Labour sticks by plans to up private equity bonus tax April 3, 2024 Rachel Reeves has vowed to stick by Labour’s plans to increase tax on private equity bonuses, by upping the rate on carried interest transactions.
Peel Hunt expects second straight annual loss amid tough dealmaking market but sees green shoots April 3, 2024 Peel Hunt expects to report a second straight annual loss for its last financial year as the investment bank grapples with a reduced appetite for dealmaking and IPOs.