Inheritance tax generated record receipts last year as debates continue to swirl around the future of one of the UK’s most unfair taxes. New figures out today showed that the …
Estate Planning
Goldman Sachs flies top London banker to Paris in latest post-Brexit relocation
Goldman Sachs has relocated one of its top European investment bankers from London to Paris as part of a shake-up in the group’s regional structure following Brexit. Dirk Lievens, who …
This may hurt: English High Court set for Moderna and Pfizer/BioNTech Covid battle starting today
The English part of a global dispute billion dollar legal case involving big pharma giants Moderna, Pfizer and BioNTech over Covid patents, kicks off today. Back in 2020 when Covid …
Molten Ventures: European VC success ‘lagging’ the US
The chief financial officer of venture capital business Molten Ventures has warned of a “bifurcation” in the success of venture capital between the US and Europe. Ben Wilkinson told City …
Puregym targets up to 70 new sites this year after revenue boost
Puregym has said it plans to keep expanding with new gyms, targeting between 60-70 new gyms this year across its global market. It comes as the fitness operator said revenue …
THG: Growth continues after strong performance from beauty division
THG, the owners of Cult Beauty and Myprotein, recorded strong revenue growth in the first quarter of 2024, it told markets this morning. The company, which also owns City A.M., …
Government borrowing ahead of expectations in blow for hopes of tax cuts
New figures have shown that government borrowing across the 2024 financial year came in ahead of official expectations in a blow to the Chancellor’s hopes of cutting taxes again before …
Primark owner ABF raises dividend as markets ‘return to normality’
Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results, thanks in part to a Rita Ora-driven campaign. The retail and food giant’s board …
Jupiter outflows surge after star fund managers leave for new ventures
Jupiter Fund Management saw significant outflows in the first quarter after the loss of a key fund manager and the separation of investment company Chrysalis. The asset manager reported that …
Videndum: Hollywood writers strike calls ‘cut’ on camera gizmo firm’s bottom line
Camera accessories producer Videndum has blamed last year’s industrial action among writers in Hollywood for a 30 per cent drop in revenue. The London-listed firm today said that the strike, …