Higher loans helped Capital One’s revenue jump by £100m as profit surged at its European arm in 2023, it has been revealed. The Nottingham-headquartered company has posted a revenue of …
May 2024
The Apprentice: Former winner’s company once backed by Lord Sugar at risk of being shut down
A company set up by a former winner of The Apprentice and previously backed by Lord Alan Sugar is at risk of being forcibly shut down. James White’s Right Time …
Anglo American rejects new £39bn BHP bid but parties seek deal resolution in the ‘next seven days’
Anglo American has agreed to enter talks with rival BHP today despite rejecting its latest £38.6bn bid, potentially paving the way for the mining mega-merger to get over the line. …
Jefferies and Investec poach top investment bankers from Citi
Wall Street giant Jefferies and Anglo-South African group Investec have poached two top investment bankers from rival Citigroup to bolster their UK operations. Alex De Souza, who previously worked as …
ITV agrees multi-million pound investment into Purplebricks’ reinvention
ITV is set to invest more than £4m into online estate agency Purplebricks, the first major investment in the ailing brand since it was acquired in 2023 by rival Strike. …
US Solar Fund survives vote to kill trust
US Solar Fund, a UK-listed investment trust that invests in solar power in the US, has barely survived a vote to kill the trust. In the trust’s annual general meeting …
Jammie Dodgers, Wagon Wheels and Party Rings maker cuts losses
The group behind brands such as Jammie Dodgers, Wagon Wheels and Party Rings cut its losses as its revenue neared £600m. The group, which includes Burton’s Biscuit Company and Fox’s …
BDO picks Mark Shaw as next managing partner as firm eyes £1bn target
Accountancy firm BDO announces restructuring partner Mark Shaw as its managing partner , replacing Paul Eagland towards the end of this year, with all eyes on passing its £1bn target in …
Owner of Gary Neville’s production company Buzz 16 returns to the black as revenue rockets
The owner of Gary Neville‘s production company Buzz 16, which recently co-produced the Amazon Prime documentary about Manchester United‘s treble-winning season, returned to the black after its revenue surged by …
Sir David Clementi: King’s Cross chief ends 16-year stint before Google move-in
City grandee and former BBC chair Sir David Clementi will step down as head of King’s Cross Central, marking the end of a 16 year stint at the company. King’s …