Eurowag boss: UK should remain open to alternative green fuels June 12, 2023 The founder and CEO of FTSE 250 firm Eurowag has said that the UK should remain open to synthetic fuels, amid impending bans on petrol and diesel vehicles and an ongoing wider debate over alternative fuels’ role in decarbonising. Speaking to City A.M. Martin Vohanka said he would like the UK to “stay open” to [...]
Investors take risk off approach to open busy data and rates week December 12, 2022 Investors ditched risky assets yesterday ahead of a bumper week of global economic announcements before the Christmas break, weighing on London’s FTSE 100. The capital’s premier index shed 0.41 per cent to close at 7,445.97 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell [...]
Boots: Walgreens’ shares slashed amid store closures despite UK success June 27, 2024 High street pharmacy giant Boots has grown its sales once again with online shopping continuing to fuel its success, according the results of its latest financial period.
Arm delays IPO plans as recession shakes markets November 20, 2022 British chipmaker Arm has pushed back its plans for an initial public offering this year as markets are rocked by recessionary fears and soaring inflation.
London Stock Exchange launches consultation on shorter trading hours December 10, 2019 The London Stock Exchange (LSE) has launched a consultation on shortening its trading hours following calls by industry bodies who said such a change would improve workplace culture and liquidity. The stock exchange has asked its members – mainly banks and brokers – for its views on a series of options for shortening the current [...]
WANdisco CEO and CFO quit as investigation finds $115m of false sales April 3, 2023 The chief executive and finance boss of troubled tech firm WANdisco have stepped down today after an investigation found that $15m of revenues and $115m of sales last year were completely made up. Sheffield-based WANdisco suspended trading on the London Stock Exchange in March after an internal investigation uncovered “potentially fraudulent irregularities” on its books, [...]
Starling Bank posts third annual profit ahead of expected London listing June 12, 2024 Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned IPO.
Arise Sir Tim Martin as Wetherspoon boss knighted in New Year honours December 30, 2023 Outspoken Wetherspoon founder and boss Tim Martin has been knighted in the New Year honours. The businessman, who was a vocal Brexit supporter during the 2016 referendum campaign, has been recognised for his services to hospitality and culture. He said the news of the knighthood came as a surprise. “It had never been expected, so it came out [...]
Recruiter Robert Walters sounds profit alarm on recession chilling UK jobs market January 10, 2023 Jitters over the UK economy tumbling into a tough recession is likely to trigger a hiring slow down, sparking recruiter Robert Walters to today warn its full year profits will drop below expectations. The alert sent the firm’s London-listed shares down more than three per cent today, clawing back some ground after shedding around nine [...]
Marks and Spencer’s success is not a ‘flash in the pan’, analysts cheer January 3, 2024 M&S's success will not be a “flash in the pan”, analysts have said as the retailer is crowned one of the top stock picks of 2024.