Firmdale: Record year for luxury London and New York hotel group amid expansion plans Retail and leisure Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.
Sotheby’s hands huge pay day to billionaire owner Patrick Drahi Business Sotheby's paid a huge dividend to its billionaire owner Patrick Drahi despite a tick down in its financial performance amid reports a minority stake could be sold to ease debt concerns.
Corpacq’s $1.6bn New York float nears after six-month delay Merger A $1.6bn (£1.26bn) merger involving an investment group founded by the brother of a former Take That singer is on the verge of being approved after being delayed by six months.
Flutter shares dip as firm completes US listing move May 31, 2024 Following the news this morning, Flutter's share price on the London Stock Exchange dropped by 6.44 per cent by around 10am.
Cazoo: Was online car retailer always doomed to fail? May 23, 2024 Could the downfall of Cazoo from being valued at more than £5bn to its collapse into administration have been avoided or was it always doomed to fail?
Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal May 22, 2024 Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48).
Cazoo braces for collapse into administration as rescue deadline expires May 21, 2024 Cazoo is expected to collapse into administration later today after a deadline to find a rescue deal expired.
Cazoo preparing to enter administration as car retailer attempts to avoid collapse May 8, 2024 Cazoo has signalled its intention to enter administration and not ruled out winding up the company.
Coach and Stuart Weitzman owner plunges into the red as ‘price sensitive’ Kate Spade customers slow sales April 22, 2024 The UK arm of American luxury fashion brands Coach, Kate Spade and Stuart Weitzman plunged into the red after losing more than £60m during its latest financial year, it has been revealed.
London and New York are partners for prosperity April 22, 2024 Together, London and New York can use financial and professional services to drive prosperity on both sides of the Atlantic, says Chris Hayward London and New York are the twin pillars on which the global financial system rests. The United States is our single largest trading partner, worth over £315 billion annually. Of that, over [...]