Easyjet ‘on track’ for another record summer as profit rises on strong travel demand July 24, 2024 Chief executive Johan Lundgren said the strong performance had been driven by booming demand for the Easyjet's network of routes.
Harland & Wolff: Titanic builder’s week from hell July 21, 2024 Titanic shipbuilder Harland & Wolff has faced its most challenging week yet as it battles to stave off collapse.
Concurrent Technologies reveals ‘record results’ as profit doubles July 15, 2024 Computer product manufacturer Concurrent Technologies looks set to report "record results" in the first six months of its financial year following a swathe of new client wins.
Difficult decision to come from Sunak and Hunt on bank surcharge October 30, 2022 The government has not ruled out reversing a tax cut on the UK’s biggest banks as it scrambles to overfill a huge hole in the public finances. Asked today by City A.M. if chancellor Jeremy Hunt and prime minister Rishi Sunak would commit to cutting the bank surcharge, an effective windfall tax, the Treasury said [...]
Oscar-winner DNEG lands $2bn-plus valuation after Abu Dhabi fundraising July 2, 2024 Oscar-winning UK movie tech firm DNEG Group has achieved a valuation of more than $2bn (£1.6bn) after an Abu Dhabi-backed fundraising to support expansion into producing its own films and games.
UK risks exodus of semiconductor firms without an industry strategy, MPs warn February 3, 2023 The government risks endangering the semiconductor industry unless it urgently publishes a strategy for the sector, warned a body of MPs.
As a bidding war for Evri heats up, there are signs the brand is delivering June 27, 2024 Yougov’s chief executive Steve Hatch takes a closer look at the data behind the biggest stories in business. Recent reports have shown that multiple buyers are interested in buying Evri – withSky News putting the firm’s value at £2bn. If you’ve followed some of the headlinesaround the brand, you might find this valuation surprising (especially [...]
Serco announces buyback and dividend hike as firm reaps the rewards from government contracts February 29, 2024 Asset manager and warehouse developer Segro made a profit during the full year, helped by securing lucrative government contracts.
Evri to swap cars for bikes in £19m sustainability drive June 24, 2024 It comes amid rumours that Evri’s private equity owners are prepping a mega £2bn sale of the company.
Ban NDAs used to ‘cover up’ sexual harassment in the City, MPs urge March 8, 2024 Non-disclosure agreements (NDAs) that have been “misused” to “cover up” sexual harassment in the Square Mile should be banned, MPs have urged, in a damning set of findings on sexism in the financial services industry.