It is full steam ahead on the creation of the new audit watchdog as the Labour government has unshelved the Audit Reform and Corporate Governance Bill, during the King’s Speech. …
Estate Planning
Helical slashes dividend despite London lettings and development progress
Progress in central London office developments and the successful lettings of three Aldgate East spaces has led Helical to underline its confidence in the capital despite slashing its dividend. In …
British tycoon close to striking rescue deal to save The Body Shop
A consortium led by British business tycoon Mike Jatania has agreed to buy The Body Shop out of insolvency. The buyout of the stricken high street cosmetics retailer is expected to complete …
Adidas: Spain’s Euro 2024 sponsor raises guidance again as profit booms 45 per cent
Adidas has raised its full-year guidance for the second time this year, just days after the Spain team, which it sponsors, won the Euros. Operating profits almost doubled in the …
Fifa and Chelsea probe ‘racist song’ video as Argentina star apologises
Fifa and Chelsea are investigating after midfielder Enzo Fernandez apologised for publishing a video on social media of him and Argentina teammates singing a “racially offensive” song. Fernandez’s Chelsea teammate …
Nick Train’s Lindsell Train Global Equity fund downgraded after years of poor performance
A £4.2bn fund run by star manager Nick Train has been downgraded by data analytics company Morningstar. The ‘process’ rating of the Lindsell Train Global Equity Fund, which is one …
The Goring dining room reopens with intriguing kitchen table concept – review
The Michelin starred dining room at The Goring is getting guests closer than ever to the kitchen – but it’s not a shiny customer-facing one, it’s the real one in …
Klarna in discussions with big US banks on potential New York IPO
Klarna is in conversations with a number of top Wall Street banks about a possible New York listing which could come as soon the first half of next year, according …
Antofagasta: Output at FTSE 100 mining giant to disappoint
Output at the Chilean mining conglomerate Antofagasta is likely to come in at the lower end of the firm’s guidance in its full year results, the firm has said, despite …
Renold on the hunt for acquisitions after record results
AIM-listed Renold said it was on the look-out for acquisitions after delivering a record performance in the 2023 financial year. Pretax profit at the firm rose by just under a …