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Rob Cross: Darts star banned as director over unpaid tax of £450,000
Rob Cross has received a five-year prohibition from holding directorships following his company’s significant failure to settle a tax debt exceeding £460,000 with HM Revenue and Cu...
Read Full Article →Pisces: FCA’s private stock market will worsen FOMO investing
The introduction of the FCA’s private stock market aims to increase investment opportunities, though it may unintentionally encourage investors to make decisions based on fear of m...
Read Full Article →ONS blames government figures after revealing April inflation error
The miscalculation in April’s inflation rate, caused by incorrect vehicle excise duty data, may impact economic policy decisions and market confidence in official financial statist...
Read Full Article →Double blow to London as Cobalt Holdings abandons IPO
Cobalt Holdings' decision to cancel its $230 million stock launch in London adds to recent challenges for the UK financial markets, following the departure of Wise to the United St...
Read Full Article →FCA: Motor finance redress scheme must keep market afloat
The proposed compensation program for the motor finance sector aims to maintain market stability while protecting consumer interests, highlighting its critical role in supporting t...
Read Full Article →Boots: Profit jumps after closing hundreds of stores
Boots experienced a substantial increase in earnings after reducing its number of retail locations by over 300, which contributed to improved financial performance despite halting...
Read Full Article →Mitie Group makes bid for Lord Ashcroft-founded Marlowe
Mitie Group’s proposed acquisition of Marlowe, valued at £366 million, aims to enhance operational efficiency and capitalize on recent revenue growth within the outsourcing sector.
Read Full Article →Wizz Air: Shares tank as profit tumbles
Wizz Air experienced a significant decline in annual operating profit due to ongoing supply disruptions and geopolitical challenges, leading to a sharp decrease in its stock value...
Read Full Article →Young’s: Pub giant raises dividend as earnings jump
Young & Co’s increased its shareholder payments following a notable rise in revenue and profitability, reflecting strong financial performance despite higher operational expenses a...
Read Full Article →UK fintech Wise ditches London primary listing for US
By shifting its primary stock exchange to the United States while maintaining a secondary presence in the UK, Wise aims to access larger capital markets and enhance investor divers...
Read Full Article →CMC Markets eyes Web 3.0 as profit jumps
CMC Markets reported a substantial increase in earnings alongside a slight rise in net operating income, while simultaneously beginning efforts to expand its presence in emerging W...
Read Full Article →St James’s Place CIO: I was told not to bother with a City career
Despite early discouragement from pursuing a professional path, Justin Onuekwusi's rise to Chief Investment Officer at a major wealth management firm highlights the potential for o...
Read Full Article →Neil Woodford: ‘I could not have been more transparent’
Neil Woodford emphasized that he consistently shared detailed updates about his fund’s holdings and approach, highlighting the challenges and impact on investors following the fund...
Read Full Article →The Capitalist: London SXSW pass-holders fork out £1k to queue down Brick Lane
Attendees purchasing access to the London SXSW event are spending around £1,000 each, highlighting the substantial costs involved and the event’s notable economic impact on local b...
Read Full Article →Zonal pricing proposals backed by peers
Implementing regional pricing in the UK electricity market may improve grid efficiency and potentially reduce consumer costs, assuming the transition is carefully managed to addres...
Read Full Article →Costly net zero policies must end, CBI boss to demand
The leader of the Confederation of British Industry plans to highlight how current environmental regulations are increasing operational expenses and impacting business profitabilit...
Read Full Article →When is a trade deal not a trade deal?
The agreement between the UK and US on May 8, 2025, marked a pivotal moment with substantial implications for economic relations and market opportunities between the two nations.
Read Full Article →Welfare U-turns show Starmer puts party ahead of country
The recent policy reversals highlight the ongoing challenges in managing the nation's substantial public debt and welfare expenditures, underscoring the financial priorities influe...
Read Full Article →Mark Kleinman: Corley’s LSEG board post looks messy
The recent developments surrounding Corley’s appointment to the LSEG board raise important questions about governance practices and potential impacts on investor confidence within...
Read Full Article →Premier League to keep ability to sell hotels to related companies
Maintaining the current regulations allows clubs such as Chelsea to continue transferring hotel properties to affiliated entities, potentially impacting their financial dealings an...
Read Full Article →Trump launches fresh attack on Fed as jobs data disappoints
The recent disappointing employment figures have intensified criticism of Federal Reserve policies, highlighting concerns about economic growth and influencing market expectations...
Read Full Article →Estate agency Foxtons targets commuter towns in drive for growth
Foxtons plans to increase its profitability by expanding into areas near London, utilizing technology advancements, and strengthening client relationships to capitalize on growing...
Read Full Article →UK finance salaries drop as workers ‘actively develop’ tech skills
In 2025, average compensation in the UK finance sector declined by three percent, leading employees to enhance their technical abilities and consider alternative employment opportu...
Read Full Article →CAB Payments turns to New York to revive fortunes
CAB Payments aims to improve its financial performance by entering the US market, leveraging new regulatory approvals to expand operations and access potential growth opportunities...
Read Full Article →Schroders steps back from City lobbying taskforce
Schroders’ withdrawal from the City taskforce may affect collaborative efforts aimed at enhancing investment opportunities and expanding the financial sector within London’s capita...
Read Full Article →Babcock: FTSE 100 shares double in value to ten-year high
Babcock's stock has experienced significant growth this year, reaching its highest level in a decade, reflecting increased investor confidence and substantial gains in market valua...
Read Full Article →Costco: Lower petrol prices help drive profit surge
Reduced fuel costs boosted membership numbers at Costco’s UK branch, contributing significantly to its nearly £200 million profit increase in the most recent fiscal year.
Read Full Article →B&M: FTSE 250 shares plunge as profit and job cuts revealed
B&M’s shares declined sharply following the announcement of decreased pre-tax earnings, increased indebtedness, and planned workforce reductions, reflecting investor concerns about...
Read Full Article →Credit Suisse seeks $440m Greensill Capital losses from SoftBank
Credit Suisse is pursuing legal action in London to recover a $440 million loss linked to Greensill Capital's failure, holding SoftBank financially accountable in the process.
Read Full Article →UK services jobs decline on ‘longest streak’ since financial crash
The prolonged reduction in employment within the UK service industry reflects ongoing economic challenges, as companies struggle to preserve profitability amid rising labor expense...
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