Financial Hornby sales are down after Houthis block Red Sea cargo admin Apr 23, 2024 Hornby has seen a drop in sales due to delays in deliveries caused by shipping attacks in the Red Sea.…
Business Tyman accepts Quanex’s offer of £788m in its latest overseas takeover admin Apr 23, 2024 Tyman is the latest London listed company to be acquired by an overseas competitor after accepting an offer of…
Business Investors say that a large bid could save London admin Apr 23, 2024 A leading fund manager said that it might take a bid to buy a large UK blue-chip company to awaken investors to the…
Business Mobico, the owner of National Express, flashes its hazard light to get investors… admin Apr 23, 2024 Mobico's shares, which own National Express, fell to their lowest ever price on Monday due to a profit warning, a…
Banking Bank of England raises alarm over private equity sector admin Apr 23, 2024 Bank of England warns that mounting pressure on the £6.5 trillion (£6.5 billion) private equity sector could lead…
Property Foxtons is going to sell after cleaning up its act? admin Apr 22, 2024 It was a time when you felt that Foxtons, the London estate agency, owned London. In the noughties its…
Investment Estrella Damm opens its first British brewery in Bedford admin Apr 22, 2024 The family-owned Estrella Damm, which is a leading producer of Spanish lager in Britain, has invested €60 million…
Business Royal Mail investor slams ‘raider Kretinsky’ over £3bn Takeover admin Apr 22, 2024 Daniel Kretinsky, however, was not one of those people. He had his work on his mind as he stretched out on a…
Economy The disappointment of a 3.2% inflation rate as the hopes for rate reductions fade admin Apr 19, 2024 The Bank of England is more likely to delay cutting interest rates later in the year if inflation falls slower than…
Electric vehicles The German electric car market is stagnant admin Apr 19, 2024 Electric car sales have dropped sharply in Germany, as concern grows across the continent about zero-emission cars.…
Investment Concord Chorus and UK music investor Hipgnosis reach agreement on £1.1bn purchase admin Apr 19, 2024 After months of turmoil, the British music royalties fund Hipgnosis has agreed to be taken over by a rival music…
Airline EasyJet reduces winter losses despite cancellations due to Israel-Gaza conflict admin Apr 19, 2024 EasyJet said that it has reduced its winter losses to at least £50m, and is confident about a record-breaking…
Food industry Nestle, KitKat’s owner, fights back against the push to reduce unhealthy… admin Apr 19, 2024 Nestle has rejected investor proposals that would force the world's biggest consumer goods company, Nestle, to…
Banking Coventry Building Society offers £780m for Co-operative Bank admin Apr 19, 2024 Coventry Building Society made a tentative offer of £780m for the Co-operative Bank to its hedge fund owners. This…
Politics Nicola Sturgeon’s husband is charged in SNP Finance Probe admin Apr 19, 2024 The husband of Scotland’s former First Minister Nicola Sturgeon was charged with embezzlement allegations involving…
Shares Netflix profits surge after password-sharing crackdown admin Apr 19, 2024 Netflix's crackdown against password sharing helped it to blow past Wall Street earnings expectations, but shares…
Brexit UK won’t ‘turn on” post-Brexit border checks of EU goods because… admin Apr 19, 2024 Because of "significant disruption", the UK government told its port authorities it would not "turn on critical…
Banking Bank of America’s profits are hit by bad loan write-offs admin Apr 18, 2024 The second largest bank in America wrote off $1.5 Billion of bad loans during the first quarter of this year, due…