ASOS reports sales slump as it offloads stock to ‘right-size’ the business March 26, 2024 It told the markets this morning that the sales decline was "broadly in-line with guidance" because in the fourth quarter of 2023, trends were expected to continue to slow down.
Wise poaches Delivery Hero finance chief as customers swell and competition intensifies March 25, 2024 Money transfer firm Wise has appointed Delivery Hero's chief financial officer Emmanuel Thomassin to be its new CFO as the company sees a surge in customer numbers and rising competition.
Oaknorth posts jump in profit as challenger bank targets US expansion and mulls public listing March 25, 2024 Challenger bank Oaknorth has posted a jump in annual profit on the back of higher lending and an expansion into the US as it looks forward to a potential IPO.
Cameron: ‘Nothing can ever justify’ Moscow attacks as death toll hits 115 March 23, 2024 At least three children were among those killed in the attack on Friday night at the hall in Krasnogorsk, Moscow.
Covid-19 anniversary: How have GSK and Astrazeneca fared since? March 23, 2024 The Covid-19 pandemic also ignited interest in the pharmaceutical sector. Even before the UK went into lockdown, the sector was looking for ways to fight the virus.
Aston Martin poaches top boss of luxury car rival Bentley March 22, 2024 The chairman and chief executive of luxury car maker Bentley has left to take over at rival Aston Martin.
The bond markets liked the Budget – and that’s a worry March 22, 2024 Hunt’s Budget and Reeves’ Mais lecture showed they are vying to be Captain Sensible, but if we want to break the doom loop of low growth, high taxes and big spending, we should expect some friction with the forces that benefit from the status quo, says Charles White-Thomson What concerns me most about the recent [...]
Peel Hunt head: Government ‘obsession with private capital’ caused equity market disaster March 21, 2024 Speaking at the Association of Investment Companies conference today, Hall highlighted "the need to have UK investment in UK assets", describing it as "central to having a healthy economy".
MoJ brings forward litigation funding Bill to green light the multi-billion pound industry March 21, 2024 The UK government has introduced a litigation funding bill this week, that if passed, will reverse a ruling by the Supreme Court last year. Last July, the Supreme Court in the so-called PACCAR case handed down a decision that left the litigation funding sector in a state of confusion. The highest court in the UK [...]
Printing merger between Sun and Daily Mail owners waved through by competition authority March 21, 2024 Plans by the publishers of the Sun and Daily Mail plans to combine their print operations have been waved through by the Competition and Markets Authority (CMA).