Premier Inn’s owner has promised to make a “step-change” in the financial performance of its hotel. It announced plans to return over £2 billion (£1.65 billion) to its shareholders within
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Ryanair may be forced to carry fewer passengers next year than originally planned due to delays in Boeing’s delivery of new aircraft. Michael O’Leary is the chief executive officer of
Airbnb wants to convince millions homeowners to join its travel platform. To do this, it will launch an army of “co-hosts”, local people who can help manage the properties. The
A report from a group of academics and public health organizations claims that the sponsorship of Formula 1 by the tobacco industry could “drive addiction” to nicotine and cigarettes among
Tate & Lyle may become the latest London-listed company to leave the market, after being identified as a potential target by the US private equity firm Advent International. Advent is
De La Rue’s shares, the embattled printer of banknotes, soared after it reached a deal conditional to sell its division of authentication for £300million. The proceeds from the sale will
The board of TI Fluid Systems will recommend to shareholders that they accept a Canadian competitor’s fifth offer to buy the company. ABC Technologies, backed by Apollo Global Management and
Boeing is planning to raise as much as $25 billion through the sale of bonds and shares. The aircraft manufacturer, which faces a cash crisis due to a strike that
Accounts show that the rolling stock company Porterbrook distributed £80m to its overseas shareholders, primarily, last year. This has fueled calls for Britain to nationalise trains. In 2023, the firm’s
Mulberry has seen tensions escalate as the two largest shareholders of the British luxury brand clash over its future ownership. The board of Mulberry said Monday it would be open
Boeing has pulled its 30 percent pay offer to striking factory workers as negotiations to end the costly strike have collapsed. S&P Global Ratings has warned it may downgrade Boeing’s
Mondi, a FTSE 100 packaging company that failed in its bid to acquire UK rival DS Smith has acquired a German competitor. It has acquired western European assets from Schumacher
OpenAI has adopted a corporate structure that is still largely untested to protect itself from hostile takeovers, and chief executive Sam Altman against outside interference. The AI start-up that received
Imperial Brands will increase shareholder returns to £2.8 billion next year after continuing to generate huge amounts of cash through price increases. The FTSE 100 company that makes JPS and
Only two companies listed on the London Stock Exchange in the third quarter. The total raised was £64.8m, an 82 percent drop from the same time last year. EY, an
Senior, a UK engineering company, will be forced to lay off staff due to the crisis at Boeing and the delays in returning to full production by Airbus. Senior, a
