Where the City’s movers and shakers have their say. Today, it’s our deputy comment editor Anna Moloney with the pen, talking Labour stash, penguin architecture and Sheerluxe’s AI editor Fancy …
July 2024
Qinetiq: ‘good’ start to year helps defence firm to play catch-up on rivals
A landmark deal with NATO and the ongoing success of long-term agreements in the UK and Australia have helped defence firm Qinetiq to a “good” start to the year. The …
Pensionbee seeks to break into largest defined contribution pension market with US launch
PensionBee announced the official launch of its US business as it seeks to break into the world’s largest defined contribution pension market. In a stock exchange announcement, the listed fintech …
Dunelm weathers wet summer as it eyes record annual profit
Homeware retailer Dunelm has weathered a wet summer to deliver strong sales across its product ranges, with the company now expecting to outstrip its forecast annual profit. Over the three …
Harry Coe’s fast-growing sport sponsorship start-up raises £1m in seed funding
Luscid, the sport sponsorship tech platform set up by Harry Coe, son of athletics chief Lord Coe, will announce today that it has raised £1m in seed funding. The London-based …
Frasers shares jump as firm’s profit comes in at the ‘top end’ of guidance
Frasers shares jumped more than eight per cent in early deals this morning after the company published its results for the year to 28 April. The group, which became one …
Canary Wharf unveils spectacular plans for ‘reimagined’ HSBC building
8 Canada Square – currently the headquarters of HSBC – will be transformed into a new-look, re-imagined multi-use skyscraper once the bank leaves its Canary Wharf headquarters. The global bank …
SSE: Windy conditions boost company’s renewable energy output
Scottish energy giant SSE has reaffirmed its guidance ahead of the key winter months as total output from its renewable energy sources rose by nearly two thirds. Total renewables output …
Royal Mail: Postal votes boost revenue at IDS as ‘Czech Sphinx’ Kretinsky commits to six-day service
The owner of Royal Mail has pointed to record levels of postal votes and campaigning literature as being behind sizeable increased volumes and revenue, as its ‘Czech Sphinx’ bidder re-committed …
Meet the woman giving Sofitel a touch of ‘French zest’
“We know how to live life” Maud Bailly is on a mission to give Sofitel a new lease of life as a global luxury marker – with a very French identity Maud …