How much is too much? The CEO pay predicament April 23, 2024 A growing number of London-listed companies have been asking shareholders to approve radical pay rises for their top execs. Why?
Record revenue and profit are ‘validation’ of Man City approach, says Al Mubarak November 15, 2023 Despite record revenue and profits, City made an operating loss of £35.6m.
British firms brace to unleash wave of investment in 2022 January 10, 2022 British businesses are preparing to unleash a wave of investment over the next year, reveals a fresh study published today. A record proportion of finance chiefs at the UK’s top firms are intending on ramping up capital spending in the next 12 months, according to research carried out by consultancy Deloitte. Over one in three [...]
Hurt goes on for England, but will Spanish women’s football catch up at league level? August 20, 2023 And so the hurt goes on. Like other England teams before them, the Lionesses battled bravely in the Women’s World Cup final but ran aground against technically superior opponents who ruthlessly exploited their mistakes. Still, they have earned great credit along the way. Sarina Wiegman’s team had to overcome adversity before the tournament, seeing Euros [...]
Some audit partners retiring early fearing regulatory scrutiny, accounting body warns August 29, 2022 Some audit partners are retiring early over fears that they might be subject to regulatory scrutiny from the UK’s audit watchdog, a major accounting body has cautioned. “It can have negative consequences for your career if there is any deficit in the audit work you’ve done,” Michael Izza, chief executive of the Institute of Chartered [...]
Why the Bank of England might be wary of cutting interest rates before the Fed April 18, 2024 The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Calls for Swiss-UK trade deal grow as financial firms ramp up pressure November 2, 2022 A group of top financial firms has ramped up pressure on the government to strike a “ground-breaking” trade deal with Switzerland today in a bid to ease the flow of cash between the two financial centres. The value of trade between the UK and Switzerland hit £38.4bn last year but companies including Credit Suisse, Deloitte, [...]
Andy Murray backed Castore scores £750m valuation September 4, 2022 Andy Murray backed clothing brand Castore has been valued £750m as the firm looks to compete with the likes of Nike and Adidas.
Who owns Chelsea now? How much did Todd Boehly and Clearlake pay Abramovich in 2022? November 28, 2023 All you need to know about who owns Chelsea.
If we keep building new offices from the ground up, we will miss our climate goals November 27, 2023 Due to the emissions caused by new builds, the City Corporation is now moving towards a “retrofit first” approach, where reuse and refurbishment of existing buildings, structure and materials must be given serious consideration.