Mika Häkkinen and David Coulthard-backed firm to quit London Stock Exchange after acquisition collapses July 15, 2024 A company backed by Mika Häkkinen and David Coulthard is to quit the London Stock Exchange after failing to complete the takeover of a super car road trip company.
Why airport expansions fuelled by booming travel demand could be a double-edged sword July 15, 2024 In a report, the ratings agency Moody's said rising passenger numbers would drive "significant investment" in expansion projects.
Goldman Sachs reaps rewards from dealmaking rebound as profit doubles July 15, 2024 Other major US banks have already reported a substantial increase in revenue from the traditionally volatile sector.
Budget cuts see profit slashed at production firm behind BBC’s The Responder July 15, 2024 The Freemantle-backed production company behind programmes including Channel 4's Big Mood and The Responder for the BBC has seen its profit slashed in half amid "budgetary pressures" on UK television channels, according to newly-filed documents.
Investment in London’s prime property market dried up as super-wealthy downsized July 15, 2024 Competition from Dubai and concerns about the Labour government's tax and spend priorities have led investment in London's super prime property market to dry up.
Burberry: Meet the new CEO charged with ‘rebalancing’ luxury brand as job cuts loom July 15, 2024 Meet Burberry's new CEO, its fourth boss in a decade, charged with turning around beleaguered label as job cuts loom.
Use of Tiktok and Reddit for financial advice soars among Gen Z and Millennial investors July 15, 2024 The use of Tiktok and Reddit for investment ideas from young investors has skyrocketed, as Gen Z and Millennials increasingly turn to social media for financial advice.
Natwest: UK government’s stake drops below 20 per cent as privatisation plan accelerates July 15, 2024 The government has offloaded another chunk of its stake in Natwest today and taken its holding in the company below 20 per cent for the first time since the financial crisis.
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate July 15, 2024 Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
Burberry shares nosedive as sales collapse and firm cancels dividend July 15, 2024 Gerry Murphy, the chair of Burberry, described the results as “disappointing” and cited a “more challenging than expected” luxury market.