Trainline shares soared over ten per cent this morning as ticket sales boomed due to an ease in the impact of UK rail strikes and strong European demand. Group net …
Investing
Record pay day for Timpson family as group ‘far exceeds expectations’
The Timpson family paid themselves the largest dividend in the group’s recent history after its financial performance “far exceeded our expectations”. The family, which founded the group in 1865, received …
Bridgepoint reports ‘robust’ investment returns despite tough market conditions
Private equity firm Bridgepoint has posted an 11.5 per cent rise in underlying pretax profit despite “more challenging, but improving, market conditions.” Bridgepoint’s underlying pretax profit was 11.5 per cent …
EU AI Act: What does it mean for UK business post-Brexit?
Lawmakers in the European Parliament have stamped their approval on the landmark EU Artificial Intelligence (AI) Act today, as the bloc races ahead of the UK in regulating the rapidly …
Sales rise fails to stop Build-a-Bear Workshop entering the red
The UK arm of Build-a-Bear Workshop fell to a loss despite increasing its sales in its stores by 35 per cent, newly-filed accounts have revealed. The company has published its …
Gen Z can’t use pens and Boomers are too slow: The office as a generational battleground
According to data from The Adaptavist Group, a staggering nine in ten employees have reported conflict across the digital divide at work, with 85 per cent stating these divisions have …
John Lewis returns to profit but cuts staff bonus for third year running
The employee-owned John Lewis Partnership (JLP) will again not pay staff a bonus this year, but it has reported a return to profit, as boss Sharon White nears departure. The …
Smartspace: Another London firm looking to go private with £28.4m buyout offer
Software company Smartspace has received a £28.4m buyout offer (90p a share) from Sign In Solutions, the firm said today. Smartspace specialises in visitor and employee management software for offices, …
London ‘no longer the home of mining’ as activist pushes for Glencore to shift listing to Sydney
An activist investor has called for Glencore to shift its listing from London to Sydney and improve cash returns to jump-start its share price. The activist, Tribeca Investment Partners, an …
Motor finance probe accelerates as FCA chief warns it’s ‘improbable we’ll find nothing’
The Financial Conduct Authority said it is looking to accelerate its probe into the motor finance market today as chief Nikhil Rathi warned that it is “improbable we will find …