Mike Ashley’s Frasers Group has further strengthened its position as the largest single shareholder in Boohoo. According to a new filing with the London Stock Exchange, the Derbyshire-headquartered retail giant …
Estate Planning
Risk of persistent inflation ‘diminished’ as Bank of England considers timing of interest rate cuts, MPC member says
A rate-setter at the Bank of England said her concerns around the possible persistence of inflation have “diminished” following a run of positive figures over the past few months. Sarah …
Standard Chartered reportedly taps ex-Chancellor Javid and Treasury veteran Roxburgh to be next chair
Standard Chartered has reportedly tapped former Chancellor Sajid Javid and Treasury veteran Charles Roxburgh to succeed José Viñals as its chair – one of the most senior jobs in UK …
Equinor cuts shareholder payouts as fossil fuel returns slow and renewables drag
Norwegian gas giant Equinor said it would be cutting overall payments to shareholders despite beating analyst expectations for a weaker 2023. The company, which is majority-owned by the government of …
HS2: London to Birmingham route without Manchester link will be ‘very poor value for money’, MPs warn
Completing the High Speed Two line between London and Birmingham without the extension to Manchester will be “very poor value for money,” MPS have warned. In a report, the Public …
Who makes Formula One: Drive To Survive for Netflix?
The ever-popular Netflix docuseries Formula One: Drive To Survive is set to return to our screens later this month. The series is credited with helping to drive up interest in …
UK housing market: Borrowers weigh up taking the plunge, or waiting for rates to fall further
After a torrid year, the outlook for the UK’s property market is poised to improve. A number of reports have suggested that house prices will continue to drop, which will …
Orsted halts dividends as spirallng losses cast ominous shadow over major projects
The challenging times are set to continue for Danish renewable giant Orsted after the firm announced it will be pausing shareholder payouts and slashing costs to try and regain control …
Redx Pharma signs $880m deal with Nasdaq-listed Jazz Pharmaceuticals
Redx Pharma has signed a deal worth $880m with a Nasdaq-listed US counterpart. Cheshire-based Redx, which is listed on AIM, has signed a definitive agreement which will see Jazz Pharmaceuticals acquire its …
PZ Cussons shares nosedive after company slashes dividend following Naira devaluation
British health and beauty manufacturer PZ Cussons has cut its dividend following a 70 per cent decline in the value of the Nigerian Naira, which it said has had a …