FIA wants key ethics and audit committee rules changes December 3, 2024 The governing body of Formula 1 the FIA wants to change a number of rules to limit how its leadership can be held to account after a number of complaints against the president Mohammed Ben Sulayem. Ben Sulayem has been criticised by drivers over a number of issues and has faced questions over his private [...]
Gymshark: Finance chief abruptly leaves apparel giant December 3, 2024 The chief financial officer of Gymshark has abruptly departed the business after two years in post. Mat Dunn joined the Solihull-headquartered company in December 2022, having been hired from Asos where he was chief operating officer and chief financial officer. He had previously worked as CFO at Robinsons squash maker Britvic and at South African [...]
Avanti West Coast: Ticket sales pass £1bn despite operating troubles December 3, 2024 Turnover at Avanti West Coast jumped past £1bn last year, even as it was named as one of the least reliable rail operators in Britain, it has been revealed. The train operator, which is jointly owned by Firstgroup and Italian rail firm, Trenitalia, has posted a turnover of £1.01bn for the 12 months to 31 [...]
Keir Starmer accused of ‘sidelining’ pledge to secure fastest growth in G7 December 2, 2024 Sir Keir Starmer has been accused of “sidelining” his pledge for the UK to have the fastest growth in the G7 ahead of a set of new targets aimed at making Brits feel richer. The Prime Minister has been criticised for appearing to ditch the “key election pledge” in what a Tory opponent told The [...]
MHA: Baker Tilly UK arm posts 32 per cent revenue jump December 2, 2024 MHA, the UK and Irish arm of Baker Tilly International, has reported a 32 per cent jump in half-year revenue, led by its audit and tax divisions.
The ‘Great Dissatisfaction’ could cost employers. Here’s how to tackle it December 2, 2024 With nearly half of workers saying they feel stagnant in their careers, we've entered the Great Dissatisfaction. Here's three ways to help, writes Chetan Patel.
UK net migration hit record 906,000 peak before 20 per cent fall November 28, 2024 Net migration in and out of the UK has dropped by 20 per cent to around 728,000 in the past year, official figures have shown, after hitting a record peak of 906,000. The level reached a higher than previously thought figure of 906,000 in the year to June 2023, according to fresh data from the [...]
Mark Kleinman: Bidders’ screen test of ITV is a reheated repeat November 28, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles ITV takeover rumours, the deal extravaganza in professional services and fast moves in fintech. Bidders’ screen test of ITV is a reheated repeat Who’s up for an episode of ‘I’m an [...]
Wealthy Americans look to London prime property after Trump’s victory November 27, 2024 Real estate agents in London’s prime property market have marked a spike in interest from wealthy Americans looking to relocate to the UK – particularly families – after Donald Trump’s successful Presidential election campaign. Estate agents Cluttons has experienced a “noticeable uptick in demand” post-election, according to its head of London residential, Laura Dam Villena. [...]
London’s commercial property market to keep growing as staff ordered back to the office November 26, 2024 The green shoots which sprang up earlier this year in London’s commercial property market look set to continue into 2025, with real estate companies looking at a “cyclical growth opportunity”. London-listed property development firm Helical reported a minor recovery in the value of its property portfolio after several years of market uncertainty this morning. Its [...]