Don’t sit back and watch Thames Water ‘car crash,’ ministers told November 18, 2024 Union warnings come after a Guardian investigation alleged Britain's biggest water company is in a far worse financial state than previously thought.
Vistry boss under fire as shareholder spat heats up November 18, 2024 Vistry has tried to placate shareholders after scrutiny over the multiple roles its boss Greg Fitzgerald holds at the housebuilder and competing companies. Fitzgerald has served as executive chairman since May, meaning he’s head of both the board of directors and the company and for which he receives a salary of around £2.5m, according to [...]
Tickets to watch Nadal Davis Cup farewell going for £20,000 November 18, 2024 Tickets to watch what could be Rafael Nadal’s last match in professional tennis at this year’s Davis Cup are going for £20,000. Spain’s quarter-final against the Netherlands in Malaga, which will take place on Tuesday, will be the end of Nadal’s illustrious career should his team fail to reach the semi-finals. And tennis fans are [...]
Production firms backed by James Corden and LeBron James in major merger November 18, 2024 A production company backed by James Corden, which is behind plans for a £450m film studio in Sunderland, is to merged with a business founded by LeBron James. The merger between The SpringHill Company and Fulwell 73, which is expected to complete in the coming weeks, will be backed by Fenway Sports Group, RedBird Capital [...]
Insolvencies set to rise as Budget hikes business costs, Begbies Traynor warns November 18, 2024 A combination of elevated interest rates and higher business costs resulting from the Budget is set to lead to a spike in insolvencies, Begbies Traynor has warned. In last month’s Budget, Chancellor Rachel Reeves increased the amount employers have to pay in NICs by 1.2 per cent, and lowered the wage threshold at which employers [...]
Forget Paddington: Peru comes properly to life on a trip with Belmond November 18, 2024 En vogue right now due to Paddington, Peru is best seen by train, especially a Belmond train, writes Alexandra Pereira, who went on a pilgrimage in memory of her late friend A ruby-red Gothic typeface on the front of a bus adjacent to mine glows against the cornflower blue skies overhead as we creep into [...]
Should investors sell stocks at 52-week high? November 18, 2024 Natwest Group shares reached their 52-week (and 13-year) high earlier this month, closing near 390p per share on 4 November. The new peak was reached after leading broker Peel Hunt upgraded the bank’s price target from 410p to 450p. The share price has surged by more than 50 per cent since the UK government gave [...]
Beware of the big promises of AI – we’ve been here before November 18, 2024 AI hype is everywhere, but we've been here before. Ian Whittaker prescribes a healthy dose of scepticism in today's Notebook.
Huel: Record sales as profit triples at brand backed by celebrities November 18, 2024 Huel, which counts the likes of Idris Elba, Steven Bartlett and Jonathan Ross among its investors, has reported record sales as a profit almost tripled during its latest financial year. The Hertfordshire-headquartered company, which is known for its vitamin-enriched food items, has reported a revenue of £214m for the 12 months to 31 July, 2024, up from the £184.5m [...]
Shein targets 2025 for London float November 18, 2024 E-commerce giant Shein is set to target early next year for its £50bn float on the London Stock Exchange, subject to pending regulatory approvals. It is set to hold an official investor roadshow in the coming weeks, during which the IPO-bound company will field large investors’ questions and test their investment appetite, according to The [...]