Ireland is required to recover more than 13bn euros (£11bn) in back taxes from Apple, following a decision of Europe’s top court. The European Court of Justice (CJEU) decision restores …
Estate Planning
JD Sports puts almost 200 jobs at risk as it moves to close major distribution centre
Almost 200 jobs have been put at risk of redundancy after JD Sports confirmed plans to close one of its major distribution centres. The Greater Manchester-headquartered group, which is listed …
Gamma Communications eyes move from AIM to FTSE 250
Gamma Communications, the UK-based business call services provider, is considering a move to the London Stock Exchange’s Main Market following a strong set of interim results which could potentially see …
City regulator charges first individual with running illegal crypto ATM network
The City watchdog has brought its first charges against an individual for running a network of illegal cryptocurrency ATMs, which it said processed millions of pounds worth of transactions. The …
Sales rise fails to stop loss widening at Wilkinson Sword
A rise in turnover at Wilkinson Sword failed to stop its pre-tax loss widening during its latest financial year, according to newly-filed documents. The company, whose brands also include Playtex, …
Luceco: Sales rise beyond expectations at lighting giant
Revenue at LED lighting specialist Luceco grew beyond expectations during the first half of its financial year as easing inflation helped to stabilise prices. The London-listed firm, which is headquartered …
Redbird IMI sells The Spectator to Sir Paul Marshall for £100m
Redbird IMI has sold The Spectator magazine, part of the Telegraph Media Group, to hedge fund magnate Sir Paul Marshall’s Old Queen Street (OQS) Media for £100m. OQS Media owns …
Lloyds, Barclays and Natwest could weather Labour tax raid, analysts say
Lloyds, Barclays and Natwest would see their 2024 profits fall by “low single digits” if the Labour government decides to raise taxes on banks in October’s Budget, according to Bloomberg …
Equals: Payments fintech’s revenue jumps by a third amid record transaction values
Payments fintech Equals Group has seen its profit weighed down by fees to financial advisers as it looks for a potential buyer, while revenue surged on the back of record …
Shares in Apple supplier IQE plunge as guidance disappoints and debt pile grows
Shares in semiconductor supplier IQE plummeted 14 per cent in early trading on Tuesday after it disappointed investors with weak guidance and as it racked up debt. The Cardiff-based manufacturer …