Shares in Anglo American have shot to the top of the FTSE 100 this morning after reports that rival Glencore was mulling a potential bid for the firm. The London-listed …
May 2024
UK economy continues recovery as services sector hits highest level of growth in a year
New figures have shown the UK’s services sector continued to grow last month as sunnier economic forecasts boosted orders, despite rising costs. The S&P’s purchasing managers’ index (PMI) for the UK’s …
Smiggle creates over 100 UK jobs as sales and profits edge up
Smiggle created more than 100 jobs as its UK revenue and profits edged up during its latest financial year, it has been revealed. The retailer has posted a revenue of …
Future: Publishing giant poaches ITV veteran to be new finance chief
Publishing giant Future has hired ITV veteran Sharjeel Suleman to be its new chief financial officer as the firm tries to rebound from a profit slump last year. Suleman is …
Asda kicks debt worries into the next decade after £3.2bn deal
Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt. The supermarket giant said the deal has pushed the majority of …
City private equity house Pollen Street reports strong demand for its private funds
City private equity house Pollen Street said it was on track to raise a €1bn (£860m) deal war chest today as it bumped up its assets under management in the …
Former Lord Mayor William Russell elected chair of Barbican Centre Board
Former Lord Mayor of the City of London William Russell has been elected chair of the City of London Corporation’s Barbican Centre Board. Russell, who served as Lord Mayor between …
Acquisition helps sales grow at cereal giant Weetabix
It has been revealed that the acquisition of a cereal maker on the border between England and Wales helped Weetabix’s sales increase by almost 10 per cent. Weetabix has posted …
Media secretary demands updates into Redbird IMI’s Telegraph sale
Media secretary Lucy Frazer has demanded fortnightly updates into the sale of The Telegraph so it can wrap up “as soon as possible”, despite the fact that Redbird IMI has …
AI healthcare firm Cera forecast to save NHS £1bn per year by 2026
Artificial intelligence (AI) driven home healthcare firm Cera is set to save the NHS up to £1bn per year via preventative care technology. Cera, founded in 2016 by London based …