Go-Ahead gifts overseas owners over £80m in dividend payouts September 1, 2024 Go-Ahead Group, which runs the Govia Thameslink franchise, has paid out over £80m to its foreign owners as it brings back dividends.
Which tennis Grand Slam makes the most money? August 31, 2024 As the US Open enters its decisive week, a look at how Grand Slams generate revenue – and which one makes the most money. Like many tennis Grand Slams, this year’s US Open will be box office in more ways than one. On the court, the last Grand Slam of the year has already thrown [...]
TAG: Travel agent to Lady Gaga, Jay-Z and Foo Fighters books record sales ahead of £100m takeover August 30, 2024 Travel agent to stars including Lady Gaga, Jay-Z and Foo Fighters, The Appointment Group (TAG) saw its sales jump ahead of its £100m takeover earlier this year, according to newly-filed documents. The British company, which organises the tour itineraries of some of the world’s most high-profile musicians, saw its turnover increase to a record £54.1m [...]
How much could a UK bank windfall tax raise? August 29, 2024 The banking sector is considered an easy target for an energy-style windfall tax, with lenders enjoying record profits on the back of interest rate hikes from the Bank of England last year.
Octopus Group founder: Financial services is still the least trusted industry in the world August 29, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services, tech and fintech. This week, it's Octopus Group co-founder and CEO Simon Rogerson
Mark Kleinman: Cineworld revamp is a horror show for landlords August 29, 2024 This week Mark Kleinman tackles Cineworld's closures, Rolls-Royce's chief executive and plans to rename Twickenham.
The Capitalist: City boys fight for £1k Oasis tickets as corporate demand explodes August 29, 2024 Oasis tickets look set to be the hottest corporate perk next year, with firms already splashing out for packages, The Capitalist has learned.
CBI: Roadmap needed as firms struggle amid rising wealth tax rumours August 29, 2024 Publishing a long-term tax roadmap would address the “confidence shortfall” among UK firms, the Confederation for British Industry (CBI) has urged the government, amid swirling rumours of a wealth tax. Businesses are facing “cost pressures” and “middling conditions” and in need of a “major boost to confidence”, the CBI has said, following hints from Sir [...]
Worst corporate jargon of the week: Stakeholder August 29, 2024 Grab a stake and wield it jargon soldier, we're cracking down on corporate claptrap. This week, the insidious 'stakeholder'.
Profit more than doubles at Flight Centre thanks to pick-up in business travel August 28, 2024 A surge in the number of corporate flights taking off helped Flight Centre Travel Group’s pre-tax profit more than double during its latest financial year. The Australian-headquartered group delivered a AU$320m (£164.42m) in underlying profit before tax for 2024, a 131 per cent year-on-year increase and at the mid-point of Flight Centre’s guidance range. The [...]