The head of the US Securities and Exchange Commission (SEC) has told the UK to set a firm deadline on when it will transition to a new share-trading settlement regime. …
Currys and AO World to shed light on consumer demand for home upgrades
Investors will get a glimpse into whether consumers are loosening their budgets and upgrading their homes when AO World and Currys report on their yearly profits. The rival electricals and …
Green Flag hits record profit after price hikes for breakdown customers
Breakdown recovery firm Green Flag saw its revenue leap last year as additional fees for customers helped to boost its bottom line, according to newly-published results. The Leeds-headquartered business, which …
EP: 281 Royal Ascot – Saturday & Hong Kong
Saturday is the final day of this year’s Royal Ascot where the Queen Elizabeth II Jubilee Stakes is the Group 1 feature race. We also have the Hardwicke Stakes and Jersey …
Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse
Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier …
Rolls-Royce now worth over £40bn thanks to ‘Turbo Tufan’
Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever. The Derby-headquartered aerospace giant has seen its …
UK borrowing totalled £15bn last month as debt nears 100 per cent of GDP
The UK government borrowed £15bn last month, almost a billion pounds more than the previous year and the highest for May since the Covid-19 pandemic. In fresh figures from the …
Election 2024: Firms have ‘nothing to worry about’ on workers’ rights, Reeves says
Rachel Reeves has told businesses that they have “nothing to worry about” when it comes to Labour’s workers’ rights reforms. Speaking at The Times CEO Summit yesterday, the shadow Chancellor …
Robinsons squash maker Britvic rejects £3bn takeover bid from Carlsberg
Britvic, the company behind brands such as Robinsons squash, has rejected a second takeover offer from Carlsberg worth around £3bn. The Hemel Hempstead-headquartered company, which has an exclusive licence with …
M&C Saatchi drafts in former Reach and McColl’s veteran as new finance chief
Advertising giant M&C Saatchi has hired Simon Fuller as its new chief financial officer, the firm announced today. The company said Fuller has held the CFO position at publisher Reach …