Russian director of UK payment company departs after FCA probe December 13, 2023 The director of a UK payment company that was recently put under notice by the Financial Conduct Authority (FCA) has left the firm. Mikhail Nadel’s position as director of Dzing Finance was terminated on 20 November, according to Companies House documents. Nadel (also known as Michael Strogonov), a Russian citizen, was once the chairman of [...]
M&S chair: ‘Gove never engaged with us on Oxford Street ruling’ May 13, 2024 "One year, at the whim, really, of a Secretary of State, who's been found to have made his judgement wrongly on five different counts by the High Court.
Buzzbike completes funding round after e-bike subscription demand soars sevenfold April 23, 2024 Buzzbike has announced the completion of its latest funding round after it saw a sevenfold rise in demand for its e-bike subscription service.
Inchcape: Shares spike as automotive firm bags £2.3bn after selling off UK arm April 25, 2024 Shares in Inchcape soared over eight per cent this morning as it bagged £2.3bn in revenue in the first quarter.
Cazoo preparing to enter administration as car retailer attempts to avoid collapse May 8, 2024 Cazoo has signalled its intention to enter administration and not ruled out winding up the company.
Plus500 expects to outperform market expectations after strong start to 2024 April 16, 2024 The London-Israeli firm saw a 13 per cent jump in new customers compared to the same quarter last year, although the number of active customers dipped two per cent.
Ultimate Products: Russell Hobbs seller hit by overstocking woes August 14, 2024 Consumer goods giant Ultimate Products, which owns Britain’s oldest homeware brand Salter and sells certain Russell Hobbs items under license, has seen its profit dip after supermarket overstocking issues. The London-listed group, which is headquartered in Oldham, reported an adjusted pre-tax profit of £14.5m in the 12 months ending July 30, 2024, down from £16.8m [...]
Former JD.com boss found to be still leading e-commerce giant from London August 4, 2024 The founder of the Chinese e-commerce giant JD.com, Richard Liu, has been silently leading the company from London despite stepping down in 2022.
Exclusive: Canary Wharf Group chairman among business voices backing Sadiq Khan May 1, 2024 Canary Wharf Group chairman Sir George Iacobescu is among dozens of business voices backing Sadiq Khan ahead of Thursday’s mayoral election.
Spring Budget 2024: City tells Hunt to axe the share tax March 4, 2024 Leading City figures have called on the Chancellor to scrap the stamp duty on buying shares in a bid to boost London's capital markets and support growth.