Alfa Financial keeps full year forecast amid lower software revenue July 24, 2024 Asset finance software company Alfa Financial Software has maintained its full year revenue forecast in a preliminary trading update for the first half of the year. The FTSE 250 firm said it continues to expect mid to high single digit revenue growth for the full year. Its total contract value (TCV) in the second quarter of 2024 [...]
Canal+: Meet the Paddington and Back to Black producer set to give the City a boost July 24, 2024 Vincent Bolloré, the French media tycoon, has decided that Canal+, the television business of his Paris-based conglomerate Vivendi would be best off listed on the London Stock Exchange.
Build, Baby, Build: Heathrow needs a third runway July 24, 2024 London’s lack of air capacity is an international embarrassment. A can-do Labour government should push through where the Tories failed and build a third runaway at Heathrow, says James Price As I downed a peculiar American concoction that promised to help me sleep (no, not Jack Daniel’s) for an overnight flight back to Blighty recently, [...]
Virgin Atlantic buys seven new planes from ‘main dance partner’ Airbus as it targets return to profit July 23, 2024 Virgin Atlantic has ordered seven new plans as it looks to complete its multibillion-dollar fleet transformation and return to the black.
BBC to cut hundreds more jobs over next two years July 23, 2024 The BBC has announced plans to make a net reduction of 500 full-time roles over the next two years as it continues its move outside of London.
Science Group hikes share buyback programme despite dip in revenue July 23, 2024 Record profit first half profit at Science Group driven by a well choreographed turnaround at one of its major brands helped the consultancy and systems specialist to increase its share buyback programme.
Merge council pension schemes to unlock £40bn investment bonanza, Reeves told July 23, 2024 Forcing the UK’s sprawling local government pension schemes (LGPS) to merge into a single “sovereign wealth fund” could unlock £40bn worth of investment for British infrastructure projects, a top pension manager has said.
Financial Reporting Council unveils major revisions to UK stewardship code July 22, 2024 The Financial Reporting Council revealed significant updates to the UK Stewardship Code application process, targeting five priority areas designed to drive better outcomes
FTSE 100 funds bled £2bn in June, but who is losing out? July 22, 2024 UK large cap funds, which invest in FTSE 100 companies, saw investors pull over £2bn from them during June, as losses began to concentrate in a select few asset managers.
Open banking leads the way in reducing Bacs risk July 22, 2024 By Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra The Bacs scheme is experiencing ongoing growth. More than 1.7 billion Bacs payments were made during Q4 2023 with the corresponding value amounting to £1,418 billion. Direct Debits accounted for 71% of the volume and 26% of the value. Direct Debit gives payers a hands-off [...]