The chairman and chief executive of luxury car maker Bentley has left to take over at rival Aston Martin. Adrian Hallmark is expected to take on his new position as …
Estate Planning
Santander lays out plans to return record amount of cash to investors in 2024
Santander said this morning that based on current projections, it will return a record amount of cash to shareholders in 2024 as part of its shareholder remuneration policy. According to …
Mike Ashley’s Frasers Group increases Hornby stake
Mike Ashley’s Frasers Group has further increased its stake in model train maker Hornby. The retail empire, which owns the likes of Sports Direct and House of Fraser, has upped …
Bank of England: Interest rate cuts are ‘in play’ as inflation falls, Bailey says
Andrew Bailey, the governor of the Bank of England, said that interest rate cuts were “in play” in a sign that cuts might come sooner than markets currently expect. The …
Competition watchdog says Vodafone’s merger with Three could leave customers worse off
Britain’s competition watchdog has raised concerns over the £15bn tie-up of Vodafone and Three UK and launched an in-depth phase two investigation. The Competition and Markets Authority (CMA) said it …
Retail sales flat as rainy February puts shoppers off the high street
Wet weather in February hit retail firms as sales volumes in the sector failed to budge on the month before, according to new figures. Data from the Office for National …
Portuguese paper giant Navigator swoops in for tissue and loo roll-maker Accrol
Accrol has become the latest company that’s set to leave the London Stock Exchange after receiving a bid from Portuguese paper giant Navigator Announced this morning, the deal valued Accrol …
Thames Water: Rishi Sunak advisor parachuted into collapse contingency talks
Rishi Sunak has reportedly tasked his business adviser with overseeing talks regarding the Thames Water crisis amid risk of collapse. The Prime Minister’s special adviser on business and investment, former …
Wetherspoon boss reports ‘reasonable’ year ahead as sales continue to increase
JD Wetherspoon said today it expected a “reasonable outcome” for the current financial year based on trading over the first few weeks of 2024 as it announced its figures for …
Gatwick Airport set to pay first shareholder dividend in five years as growth returns
Gatwick Airport reportedly says it expects to pay out its first shareholder dividends in five years, with passenger numbers set to be back at pre-pandemic levels next year. The airport, …