The London Metal Exchange (LME) has added veteran banker Robert Arbuthnott to its executive team as the marketplace looks to modernise and rebuild its reputation after a high-profile legal battle. …
Estate Planning
Harland & Wolff: Titanic shipbuilder to enter administration as job losses loom
Embattled Harland & Wolff has declared insolvency and said its status as a London-listed company will “likely come to an end in the near future,” leading to job losses across …
Major League Cricket to tempt England great Anderson with six-figure offer
England’s greatest ever bowler James Anderson could make a comeback in Major League Cricket after attracting interest from US franchises. Anderson was ushered into international retirement by England chiefs earlier …
Mcdonald’s empire hopes new Mcflurry flavours will keep customers happy after ‘bold’ price rises
“Bold” price rises at a McDonald’s franchise empire helped sales jump by more than £15m during its latest financial year. Run by Andrew Gibson, AG Restaurants runs 27 sites in …
Bain Capital reportedly weighing sale of Direct Line rival esure
Private equity giant Bain Capital is reportedly considering selling British motor and home insurer esure in the latest sign of M&A in the sector. Bain has lined up advisers including …
Rahm outlines Ryder Cup ambition after clinching LIV Golf title
Jon Rahm has confirmed he hopes to play for Europe in next year’s Ryder Cup after winning the LIV Golf League individual title. Rahm won the final counting event in …
Wilmington: Profit and revenue soar at data provider
Data provider Wilmington has hailed “another strong year” after it posted double-digit profit growth and revenue. The London-listed firm, which in the summer offloaded its UK healthcare unity for £26.3m, …
Phoenix Group discontinues Sunlife sale as firm reports profit boost
FTSE 100 pensions giant Phoenix Group said that it had “discontinued” the Sunlife sale process as the firm reported a solid increase in profit in the first half. The firm …
Toyota: Revenue surges despite drop in UK market share
Sales at the UK arm of car making giant Toyota jumped by almost £600m to pass £3.5bn during its latest financial year despite a drop in market share. The Surrey-headquartered …
Kia joins UK rivals in sales surge as it nears £3bn mark
Turnover at the UK and Ireland arm of South Korean car making giant Kia accelerated closer to the £3bn mark during its latest financial year. Newly-filed accounts with Companies House …