HSBC considers naming first female CFO in bank’s 159-year history September 24, 2024 HSBC is reportedly considering naming its first female chief financial officer in its 159-year history, with Pam Kaur said to be a favourite for one of the top jobs at Europe's biggest bank.
Red Bull exodus continues as McLaren hire key figure September 24, 2024 The ongoing exodus at Red Bull is set to continue after the Formula 1 team’s head of race strategy is ditching the Constructors’ Champions for McLaren. Will Courtney will join the Papaya team as sporting director having joined Red Bull when they were owned by Jaguar in 2003. The departure of Courtney is a major [...]
Deliveroo partners with Not On The High Street in boost for small retailers September 24, 2024 Deliveroo has partnered with e-commerce distributor Not On The High Street to provide personalised gifts on demand in the latest expansion of the on-demand service’s shopping offering. The partnership, which Deliveroo has said could see gifts on customers’ doorsteps in as little as 25 minutes, will allow users to order from 15 independent small brands [...]
Moving out of the city? It might come with a penalty if you’re a woman September 24, 2024 We all know about the gender pay gap, but what about the urban-rural one? Dr Sabine D'Costa tells us about her latest research in today's Notebook.
Asda workers ‘owed over £2bn in back pay’ as 159 MPs write to bosses September 24, 2024 Retail workers at supermarket giant Asda are owed more than £2bn in back pay, according to the GMB Union. The claim comes as 159 MPs wrote to bosses at the Leeds-headquartered company calling for an end to “pay discrimination” of its supermarket workers. The politicians have also called on TDR Capital, which is about to [...]
Vet service Animalcare reports positive results after balance sheet “transformation” September 24, 2024 International veterinary pharmaceutical and services business Animalcare has reported a “transformation” in its balance sheet after two sales worth £27.7m, as well as a boost in revenue. The AIM-listed, York-based company told markets this morning that its revenue rose by five per cent to £36.9m, from £35.2m in the first half of 2023. Underlying earnings [...]
Card Factory shares plummet despite first interim dividend in five years and ‘resilient’ results September 24, 2024 Shares in personalised gift and party supply business Card Factory have slumped despite the return of its interim dividend after a revenue boost. The company announced the recommencement of an interim dividend of 1.2p, “demonstrating commitment to delivering progressive returns to shareholders”. However, its share price fell by nearly 20 per cent in early trades. The [...]
Mission Group: Mastercard contract win helps group growth September 24, 2024 Advertising agency Mission Group posted first half results in line with expectations as it gears up to open a new office in Saudi Arabia to muscle in on the region. The London-listed company reported revenue edged up two per cent to £42.2m in the six months to 30 June. Excluding the results of the group’s 80 per cent [...]
Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.
Has Labour overdone the doom and gloom? September 24, 2024 Many economists and City business groups have argued that this risks damaging growth. After all, why would households spend and businesses invest in a climate of fear?