Mike Ashley’s Frasers Group launches fresh £80m share buyback scheme April 29, 2024 Back in February, sporting giant Frasers Group announced a similar buyback scheme which ran for 11 weeks and ended on Sunday the 28th of April.
Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal April 9, 2024 Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker.
Sajid Javid set to join $42bn investment firm Centricus July 2, 2024 Sajid Javid is set to join asset management and private equity giant Centricus as a partner next week as he exits parliament after the election, the company has announced.
Computer-maker Raspberry Pi gears up for London Stock Exchange float next week June 3, 2024 Computer-maker Raspberry Pi is set to raise £157m in a hotly anticipated IPO in London this month, in what will be a boon to the London Stock Exchange after a barren period for new tech listings.
London needs more than Kevin Costner’s ‘build it and they will come’ approach May 13, 2024 “If you build it, he will come,” whispers the ghostly voice in Kevin Costner’s 1989 film Field of Dreams. It’s a mostly-misquoted line that’s been used to underpin scores of corporate and sporting turnaround efforts over the past 30 years.
Fast fashion slammed over cargo plane emissions May 2, 2022 Fast fashion critics have called for more industry regulation after Shein and other retailers have been using planes to deliver their products, often at great environmental cost. According to the data from the CarbonCare emission calculator, a cargo plane used by Shein carries 100 tonnes of cargo, producing around 443 tonnes of CO2 to go [...]
London listings to rebound from second half of 2024, broker predicts June 10, 2024 The UK's IPO market is starting to open up, according to a leading broker, as it eyes a rebound in listings from the second half of this year.
London Stock Exchange boss wants market screen in Paternoster Square to create ‘razzamatazz’ – but it’s complicated June 6, 2024 The boss of the London Stock Exchange said a screen will help create buzz around the market.
Anne Stevenson-Yang on China, audit reform and why she’s unsure about Yorkshire June 8, 2024 City A.M. sits down with the co-founder of activist short-selling firm J Capital Research to discuss China, its companies and whether they require closer inspection
Boohoo share price soars as profits halve: Brits ditch fast-fashion and head back to the high street May 16, 2023 Online fashion retailer Boohoo said its profits halved, as the cost of living crisis continues to hit consumers’ spending and Brits flock back to physical stores. Pre-tax profits for the group halved during the 12 month period ended 28 February 2023 to £63.3m, down 49 per cent, with revenues dropping 11 per cent to £1.77bn. [...]