Money transfer firm Wise has appointed Delivery Hero’s chief financial officer Emmanuel Thomassin as its new CFO as the fintech company has experienced a surge in customer numbers and rising …
For sale: Mansion where Jacob Rees-Mogg grew up hits the market
The mansion where Jacob Rees-Mogg grew up has been put up for sale for the third time in almost four years. The Ston Easton Park Estate includes a Grade I-listed …
Oaknorth posts jump in profit as challenger bank targets US expansion and mulls public listing
Challenger bank Oaknorth has posted a jump in annual profit on the back of higher lending and an expansion into the US as it looks forward to a potential IPO. …
B&Q owner Kingfisher lowers outlook as struggling French arm drags down profit
B&Q owner Kingfisher saw its profit plunge last year due to worse-than-expected trading at its French arm, Castorama For the full year, the DIY chain said adjusted profit before tax …
Water giant Pennon blames rain for poor pollution performance
Pennon Group has flagged a dip in operational performance due to heavy rain and a string of storms across the UK. A 50 per cent increase in annual rainfall in …
Virgin Wines ‘confident’ of hitting profit target after ‘positive’ half-year
Virgin Wines has said it is confident it will meet its profit target after reporting “positive” half-year results. The London-listed company posted a pre-tax profit of £1m for the six …
From star-gazing to navel-gazing: How astrology captured Gen Z
Gen Z has become starry-eyed, but their fixation with astrology isn’t as woo woo as you might think, writes Anna Moloney In Sri Lanka, the date on which the New …
Meet the fund managers: Investing in the American dream
In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Gary Robinson, fund manager of Baillie Gifford …
How work from home could be denting London’s GDP
The new work-from-home era has inflated London’s GDP by over £8bn, as outdated measures of regional growth have warped official calculations. When adjusting for where people actually work from, rather …
Natwest launches £5bn social housing project
Natwest has launched a new £5bn package of targeted lending and support for UK social housing. The bank said the new loans, which will be spread out over the next …