The cyberattack on Jaguar Land Rover in August has inflicted substantial financial damage on the West Midlands manufacturer, with preliminary figures suggesting losses exceeding £3 billion in the final quarter
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Zegona Communications has secured a significant boost after announcing the sale of a 25 per cent stake in its Spanish broadband joint venture with MasOrange to Singaporean sovereign wealth fund
London-listed insolvency specialist Begbies Traynor has witnessed its profits nearly double, capitalising on an increase in large-scale corporate collapses. The firm’s profit before tax soared from £5.8 million to £11.5
In a significant development that underscores the ongoing exodus from London’s stock market, FTSE 250 company Spectris has endorsed a £3.8 billion takeover bid from American private equity firm Advent
The future of Santander’s UK operations has resurfaced as a critical point of interest in financial circles, following revelations that NatWest attempted to acquire the business for an estimated £11
The Weston family, the billionaire force behind retail giants Primark and Fortnum & Mason, has distributed approximately £32 million in dividend payments, demonstrating remarkable resilience in their diverse portfolio despite
Education publishing giant Pearson has unveiled a £350 million share buyback programme alongside robust full-year results, demonstrating the successful integration of artificial intelligence across its product range. The FTSE 100
British insurer Lancashire Holdings has disclosed potential losses ranging between $145 million and $165 million from the devastating Los Angeles wildfires that ravaged the region last month. The Lloyd’s of
Leading City advisers and financial institutions are poised to share a substantial £120 million in fees following Aviva’s landmark £3.6 billion acquisition of Direct Line. The deal, marking one of
In a significant move to boost the British economy, Prime Minister Sir Keir Starmer is set to announce plans enabling businesses to access substantial surpluses held in corporate defined-benefit pension
The chief executive of Europe’s largest stock exchange operator, Euronext, has declared that the exodus of listings to the US markets is exclusively a “London problem” that does not affect
The landscape of auditing is experiencing a profound transformation through artificial intelligence, yet the promised cost reductions remain elusive. Major accounting firms, including Deloitte, EY, KPMG and PwC, have poured
The United States has witnessed a surge in corporate bankruptcies, reaching levels not seen since the aftermath of the 2008 global financial crisis. The stark reality of elevated interest rates
The Issa brothers are preparing for a potential flotation of their petrol station empire in the United States, with an estimated value of £13 billion. This strategic move represents another
Maritime analytics firm Windward, helmed by former BP chief Lord Browne of Madingley, has joined the growing exodus from London’s AIM market through a £216 million acquisition by US private
The mounting pressure on Britain’s capital markets has reached a critical point, with more than 50 per cent of UK public limited companies discussing potential overseas listings in the past
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