CMA warns major corporate travel takeover could hike prices and worsen service July 30, 2024 Amex GBT, the largest travel management company in the UK, announced a £444m deal to takeover rival CWT in March.
Standard Chartered announces largest ever share buyback as profits creep up again July 30, 2024 Standard Chartered has announced a $1.5bn share buyback programme today after the Asia-focused bank performed ahead of expectations in the second quarter of the year.
Mishcon de Reya Magic: Revenue soars to £300m despite profit blip July 30, 2024 London-based law firm Mishcon de Reya revenue surpasses £300m, despite a slight dip in profits due to recent merger.
Miraval mystery: The Jersey trust at heart of Brad Pitt wine war July 29, 2024 Brad Pitt has demanded to know who he is in business with after half of his hip wine brand Chateau Miraval, sold by his former partner Angelina Jolie to exiled Russian billionaire Yuri Shefler, ended up in a secretive Jersey trust.
Sadiq Khan reveals stance on selling loss-making London Stadium to West Ham United July 29, 2024 The former Olympic Stadium has become a financial millstone for the London Legacy Development Corporation.
C-suite executives list tax certainty as a priority from Reeves, survey finds July 29, 2024 Clarity on tax is the number most important thing bosses want from the new government, a survey of C suite execs has found.
UK finance chiefs gear up for growth as sentiment soars July 29, 2024 Chief financial officers of some of the largest UK companies have seen expectations about the prospects of their own business shoot up.
Against the Olympics: Why we should stop worshipping elite sport July 29, 2024 Expensive, disruptive and just plain annoying, it’s time to stop hero-worshipping the Olympics, writes Anna Moloney Finally this month the Euros ended and I breathed a sigh of relief that I, a loud and proud hater of sport and fun, would no longer have my quiet evenings disrupted by the cheers of sporting enthusiasts. But [...]
Olympics is a chance to win business as well as medals July 29, 2024 If we can pick up friendships as well as prizes at the Paris Olympics, and help deliver successful and sustainable sporting events worldwide, we will feel the benefits here in the City, says Chris Hayward The greatest show on Earth – the Olympic and Paralympic Games – have begun. Over the next couple of weeks, the world’s best athletes will compete in Paris hoping to win medals, break records, [...]
Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses? July 26, 2024 Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.