London-listed firm JTC has struck a deal to acquire one of First Republic’s trust administration arms from JP Morgan Chase for $21m (£17m). The FTSE 250 fund services and corporate …
Investing
Hornby: British model railways maker’s shares tumble as Red Sea delivery delays hit sales
Shares in Hornby, the British manufacturer of iconic model railway sets, tumbled over 15 per cent this morning after it flagged a dip in sales due to Red Sea ship …
Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers
Earnings for UK supermarket giant Asda rose by a quarter last year on the back of repeat customers using store loyalty schemes. According to figures released by the chain today, …
London-listed CBD and vape CEO suspended over insider trading allegations
The boss of London-listed Chill Brands has been suspended over “allegations around the use of inside information,” the firm announced this morning. The firm, which operates chill.com and manufacturers tobacco alternatives …
Hipgnosis: “Minded” to go with Blackstone in takeover battle if £1.2bn bid firms up
The board of music giant Hipgnosis has said it would be “minded” to switch horses in a takeover battle should a firm offer from US private equity giant Blackstone arrive. …
Mobico: National Express owner’s CFO to depart after ‘regrettable’ accounting issues
National Express owner Mobico has announced the departure of its chief financial officer after accounting issues caused the firm to delay publication of its full-year results twice. James Stamp will …
Tyman: Building products supplier set to go stateside as Quanex agrees terms for £788m takeover
New York-listed building products manufacturer Quanex has agreed terms to buy London-listed peer Tyman for £788m. The two companies announced in a joint statement that under Quanex’s cash and share …
Why I left my leading role at KPMG to start my own accountancy firm for Britain’s SMEs
Jennifer Sieg sits down with Warren Mead, former KPMG chief operating officer and founder of Sumer, the accountancy firm with a unique mission to help Britain’s SMEs. Warren Mead was …
Thames Water’s new business plan could see bills rise by over 40 per cent by 2030
Thames Water said this morning it would boost its spending plan, as submitted to the water regulator Ofwat, by £1.1bn following consultations with stakeholders. In a statement delayed from last …
Fourth Bitcoin halving is a moment For celebration
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. By the …