A member of the Bank of England’s rate-setting panel has said the Bank should ease the strain on households and cut interest rates now. Swati Dhingra, widely seen as the …
Estate Planning
Investment platforms urge ‘radical’ ISA reform to unlock £30bn in UK market
The bosses of the largest investment platforms in the UK have called for a “radical” simplification of the ISA regime, arguing that reform could unlock £30bn to boost British equities. …
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate
Businesses have been urged to make “bold decisions early and “avoid kicking problems down the road” in the wake of reports that Carpetright is on the brink of collapse. It …
Hawes & Curtis: Working from home prompts major pivot for brand owned by Dragons’ Den star Touker Suleyman
Hawes & Curtis, the formal menswear brand owned by Dragon’s Den star Touker Suleyman, said it will focus more on casual clothing after seeing its profit dip last year, newly-filed …
Cavendish slides to loss despite consistent growth
One of the City’s newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Born out of the merger of Cenkos Securities and Finncap, which …
Yell eyes ‘ideal customer’ as it sinks further into the red and cuts jobs
Yell, the digital marketing and online directory business, sunk further into the red during its latest financial year as it focused on “attracting and retaining customers who meet our ideal …
Concurrent Technologies reveals ‘record results’ as profit doubles
Computer product manufacturer Concurrent Technologies looks set to report “record results” in the first six months of its financial year following a swathe of new client wins. The AIM-listed firm …
Eco Animal Health beats expectations thanks to Americas growth
Animal vaccine firm Eco Animal Health has beaten earnings expectations for the year to 31 March 2024 due to what it described as “robust” demand for its flagship vaccine. The …
Advanced Medical Solutions: Strong US sales boosts revenue for wound-closure tech firm
Advanced Medical Solutions (AMS) announced a 10 per cent revenue hike for the first half of the 2024 after sales for wound-closure tech in the United States took off. The …
Gore Street: Energy storage firm reassures investors amid ‘extremely turbulent’ period
Gore Street Energy fund said it remains confident in delivering strong returns to investors despite “challenging” conditions in Britain’s energy storage market over the last year. Annual earnings before interest, …