Investing

Rail renationalisation will save the taxpayer £2.2bn every year, Labour’s shadow transport secretary has claimed, thanks to “significant efficiencies”. Louise Haigh promised Labour’s plans to bring Britain’s railways back into …

Consultancy firm McKinsey has been placed under criminal investigation in the US over its role in the country’s Opioid crisis. The elite firm is in the spotlight over its work …

Shares in audio tech company Focusrite dropped as much as eight per cent, after it said revenue fell to £77m in the first half of the year, down from over …

Greek energy giant Mytilineos has said it is eyeing a potential secondary listing in London before the end of next year. The Athens-listed energy and metals firm, which operates in …

London-listed Ariana Resources has agreed an all-share merger with Zimbabwe-focused gold miner, Rockover Holdings. The merger will be effected through the merger of Galvanic Metals Limited, a newly incorporated wholly-owned …

Schroders has reported an uptick in assets under management during the first three months of this year as it looks to rebound from a “challenging” 2023. The FTSE 100 funds …

Shadow Chancellor Rachel Reeves pledged to make the next Labour government the UK’s most “pro-business” government in history. Speaking to the Times, Reeves promised that business groups would be “in …

Pharma giant Astrazeneca has reported a jump in revenue for the first half of the year as the company’s investments in growth started to yield results. The group reported revenue …

Barclays has reported an 11 per cent drop in profit – slightly outperforming analysts’ estimates – as the boost from higher interest rates fades and its investment bank struggles to …

Hipgnosis Songs Fund is at the centre of a tug-of-war after its board said an increased bid from Concord is in the “best interests” of the firm last night. Concord’s …