Pensions: six changes to watch out for in 2024 December 25, 2023 Keep an eye on what's happening next year in case it affects your savings
THG set for battle with shareholders over return of non-executive director June 11, 2023 E-commerce platform THG could face a shareholder rebellion at its upcoming annual general meeting this month over concerns surrounding the return of a non-executive director.
Inflation drops for second month in a row but experts warn rate has yet to pass its peak January 18, 2023 UK inflation has fallen for the second month in a row, but soaring food prices have led some experts to warn it may not have passed its peak yet. The rate of price increases dropped to 10.5 per cent in December, down from 10.7 per cent in the previous month, the Office for National Statistics [...]
Don’t expect energy bills to return to normal this decade, warns Cornwall Insight August 23, 2023 Energy bills are unlikely to revert to normal levels by the end of the decade, Cornwall Insight has warned ahead of the latest price cap reveal.
Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors
MoJ brings forward litigation funding Bill to green light the multi-billion pound industry March 21, 2024 The UK government has introduced a litigation funding bill this week, that if passed, will reverse a ruling by the Supreme Court last year. Last July, the Supreme Court in the so-called PACCAR case handed down a decision that left the litigation funding sector in a state of confusion. The highest court in the UK [...]
OneSavings Bank shares tank as profit slumps on mortgage customers racing to refinance March 14, 2024 OneSavings Bank has posted a slump in annual profit after the bank took a £181.6m hit from changing customer behaviour, while it has softened the blow to investors by announcing a new £50m share buyback.
Berkeley and Persimmon to reveal housebuilder pain of interest rate hikes March 10, 2024 UK housebuilders are set to shed light on the state of the fragile property market amid a number of key updates from firms next week. Shareholders are braced to see accounts for Persimmon, Berkeley and Vistry all show a fall in sales numbers after higher interest rates weighed heavily on activity last year. Interest rates [...]
Investors drop Hikma Pharmaceuticals amid weak financials and CEO’s exit August 4, 2022 Investors dipped out of Hikma Pharmaceuticals today after the British pharmaceutical giant posted weak financials in the wake of its CEO’s exit. Hikma, headquartered in London, reported a largely unchanged revenue of $1.2bn in the six months to 30 June, marking zero growth in comparison with the same period last year. Operating profit sank nearly [...]
‘VAT? What VAT?’: Private school boasting it will absorb Labour’s tax hike propped up by Chinese investors July 18, 2024 Adcote School, an indepedent school for girls, courted controversy in April for funding a motorway billboard saying "VAT? What VAT?"