Telegraph sale continues as Barclay family bids higher October 16, 2023 Lloyds Banking Group has reportedly turned down an increased offer for the Telegraph newspaper and Spectator magazine from its former owner, and is pressing on with the auction.
Here comes the sun: Farming union welcomes Government solar U-turn December 7, 2022 Solar panels on farmland will not face more restrictions after the Government U-turned on plans to crackdown on new sites.
Halfords share price soars as retailer’s motoring offering woos cash-strapped Brits April 18, 2023 Halfords‘ share price soared over eight per cent this morning as the motoring and cycling giant revealed its sales could top £1.9bn. The Birmingham headquartered retailer, which has seen its shares slide 30 per cent in the last year, said it expected pre-tax profits to come in at around £90m to £110m, up from £50m [...]
Reddit reveals quirky IPO plans to let users buy into stock February 23, 2024 Social media site Reddit filed for a hotly anticipated IPO on the New York Stock Exchange in March yesterday with plans for an unusual offering to allow its users buy into the stock on debut.
Co-op to open new stores in deal with departing billionaire Asda Issa brother July 9, 2024 The Co-op is to open new stores in petrol stations across the country after signing a deal with one half of the billionaire Issa brothers.
DEBATE: Are overseas private equity bids good news for the UK? August 24, 2021 Morrisons has accepted a £7bn bid from US private equity firm Clayton Dubilier & Rice. The fierce competition from US investors to buy the British supermarket giant has prompted concerns over what an injection of foreign money would mean for the high street stalwart. Ewan MacKinnon and Fraser Thorne take on the debate: Ewan MacKinnon, [...]
The Brewery: Royal Ascot caterer buys landmark City of London venue August 12, 2024 The company that provides catering for Royal Ascot has acquired a major large scale event venue in the City of London. Rhubarb Hospitality Collection (RHC) has snapped up The Brewery, which hosts more than 500 events a year, for an undisclosed sum from Paul Lewin. RHC itself was acquired by Oak View Group (OVG) in [...]
Marks and Spencer chief’s pay soars to decade high as turnaround pays off June 3, 2024 Marks and Spencer's turnaround plan has generated huge rewards for its boss, Stuart Machin.
Playtech registers ‘ahead of expectation’ performance as earnings up 64 per cent September 22, 2022 Playtech’s registered a “ahead of expectations” performance driven by growth in both the Americas and Europe. For the six months ended 30 June, the gambling developer posted an adjusted EBITDA of £178m (€203.8m), up 64 per cent on last year’s levels. The company’s revenue went up 73 per cent to €792.3m, while its adjusted post-tax [...]
Asset value up 16 per cent for early stage investors B.P. Marsh October 18, 2022 Investor in early stage financial services, B.P. Marsh increased its asset value in the first half of the year by 16 per cent to almost £180m. The company’s holdings swelled to £179.8m compared to £155m at the same period in 2021, while its net asset value per share increased to 499p, up from 430.4, last [...]