A secretive Mayfair-based hedge fund has snapped up a stake in ITV reigniting speculation about the company’s future. Silchester International, which previously built a £500m position in advertising giant WPP, …
Estate Planning
Former England manager Sven-Goran Eriksson to coach Liverpool next month
Former England manager Sven-Goran Eriksson will be part of a Liverpool Legends coaching team against Ajax next month. He will join Ian Rush, John Barnes and John Aldridge in the …
Snooker heads to Saudi Arabia with Kingdom eyeing fourth Major
Snooker has become the latest sport to head to the Middle East with confirmation of a 10-year deal which will see Saudi Arabia host the unofficial “fourth Major” of snooker. …
Valentine’s Day derailed as strikes disrupt deliveries from Uber Eats, Deliveroo and Amazon
Valentine’s Day plans are under threat as a barrage of strikes scheduled for Wednesday could disrupt doorstep deliveries from major companies including Uber Eats, Deliveroo and Amazon. The walkouts come …
Mike Ashley’s Frasers Group strengthens grip on AO as it increases stake again
Mike Ashley’s Frasers Group now owns almost a quarter of electricals seller AO after the retail giant further upped its stake. The owner of House of Fraser and Sports Direct …
Overseas Super Bowl LVIII tickets saw surge with Britain key player
British fans accounted for the fourth most Viagogo sales of Super Bowl LVIII tickets outside of the United States. Only Mexico, Canada and Australia had overseas sales higher than Great …
UK and Nigeria to sign investment deal with focus on legal and financial services
Business and trade secretary Kemi Badenoch is in Nigeria to sign a landmark investment deal dubbed the ‘first-of-its-kind’. An agreement will be penned on Tuesday to support trade between the …
Why are UK banking stocks doing so badly despite bumper profits?
The UK’s biggest banks are set to post bumper annual profits when they report their 2023 results in the coming weeks. But why are they not being rewarded on the …
The Body Shop prepares to slash jobs and close stores as administration confirmed
Hundreds of jobs are expected to be lost and stores closed as The Body Shop officially entered administration. Tony Wright, Geoff Rowley, and Alastair Massey of business advisory firm FRP …
FCA bans London Capital & Finance boss over scandal which lost investors more than £200m
The Financial Conduct Authority (FCA) has fined and banned one of the former bosses of London Capital & Finance (LCF) today over his role in the mini-bond scandal that left …