The owners of Shawbrook Bank are reportedly exploring another IPO for the lender after plans for a £2bn blockbuster listing fell through two years ago. Private equity firms BC Partners …
Estate Planning
Yodel suitor The Delivery Group hails ‘strong’ performance despite ‘challenging’ year
Losses widened at The Delivery Group, which is among the companies who could be able to take over Yodel, during its latest financial year. According to newly-filed accounts, the business …
Heathrow: Britain has ‘shut the door’ on home-grown growth with tourist tax
Europe’s largest airport, Heathrow, has warned that Britain has “shut the door” on home grown growth by abolishing VAT-free shopping for overseas visitors. The west London hub’s officials made the …
GSK receives Fast Track designation for chronic hepatitis B drug in lastest boost for pharma giant
Pharmaceutical giant GSK has received special recognition from the US Food and Drug Administration (FDA) for its bepirovirsen drug, used to treat chronic hepatitis B (CHB). This recognition, called the …
Malvern International revenue rises on strong student intake but expects revenue hit from changes to immigration rules
Shares in education company Malvern International jumped 12 per cent on Monday morning after it reported a 79 per cent rise in revenue for its full year after it saw …
Warehouse REIT makes £13.4m in portfolio sales as it continues to focus on debt reduction
Warehouse REIT, the real estate investment trust, has made a £13.4m deal to sell 3.7 per cent of its portfolio, with two assets sold in separate transactions. The sale will …
Mike Ashley’s Frasers Group begins £80m share buyback and ups stake in N Brown
Frasers Group, the owner of retailers such as House of Fraser, Jack Wills and GAME, has begun an £80m share buyback. The programme, which begins today and will run for …
Upper Crust owner swoops in for Aussie-based Airport Retail Enterprises
Upper Crust owner SSP Group has struck an agreement to acquire 100 per cent of the shares in the Aussie-based airport food and beverage operator Airport Retail Enterprises (ARE). SSP …
All you need to know about the upcoming by-elections
Three by-elections are taking place this month, in the latest test of the strength of Rishi Sunak’s government. Voters will go to the polls in Tory-held Wellingborough and Kingswood this …
Debenhams slashes losses as sales jump by over £30m
Debenhams slashed its losses thanks to a surge in its sales of more than £30m, new accounts have revealed. The company’s results for the year to February 28, 2023, showed …