Post Office aware of Horizon faults during court battles, secret report shows March 29, 2024 A draft report has revealed the Post Office was aware of evidence that losses could be due to errors in the Horizon IT system but still pressed ahead with the Bates v Post Office Ltd case.
Arbuthnot sees surge in profit after SME deposit growth and ‘helpful’ interest rate hikes March 28, 2024 Arbuthnot Banking Group has reported a surge in annual profit on the back of growth in its small business offering and higher interest rates.
“It’s the Champion’s League of food”: Why one Parisian is all-in on London March 28, 2024 LONDON’S hospitality scene is set for another vote of confidence with the opening of a second site by iconic Parisian restaurant group Moma, this time at the Langham Hotel. Mimosa, opening in April, will follow the arrival of Café Lapérouse in the capital, with MOMA founder Benjamin Patou keen to push into the London restaurant [...]
FTSE 100 today: London markets poised for quiet start as traders take break before Easter March 28, 2024 Asian shares stay calm despite the S&P 500 hitting a new high. The US dollar holds firm post comments from the Federal Reserve's Waller. Attention turns to possible yen intervention by Japan, while gold prices decline. Investors await updates on US consumer confidence and UK Q4 GDP.
Out-of-pocket Bidstack investors vow to take action after execs buy AIM-listed firm out of administration March 27, 2024 Angry investors in AIM-listed Bidstack are preparing regulatory complaints and plotting legal action after the company’s top brass bought the firm out of administration.
Sunak announces mini reshuffle after ministers quit government March 26, 2024 Prime Minister Rishi Sunak has announced a reshuffle of his ministerial ranks after two Conservative MPs resigned from the government.
Turnover nears £100m at maker of Taskmaster, Not Going Out and Catastrophe March 26, 2024 The maker of TV shows including Taskmaster, Not Going Out and Catastrophe saw its turnover increase to nearly £100m during its latest financial year.
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.