Embattled mining firm Ferrexpo has delayed the release of its financial results as various legal action against it remains ongoing. In a statement published yesterday, the iron ore pellet producer …
Investing
Virgin Active to ‘refocus on growth’ after losses of nearly £150m revealed
Virgin Active is to “refocus on growth” after seeing its losses widen to nearly £150m despite its revenue jumping by almost 50 per cent. The Richard Branson-backed company has finally …
The Punter Summary Podcast – Cheltenham Festival Friday
Here’s your chance to discover all of City AM racing editor Bill Esdaile’s selections for Gold Cup Day at the Cheltenham Festival in a short summary episode of ‘The Punter …
Tom Hayes and Carlo Palombo: Criminal appeal to start for ex-UBS and Barclays traders convicted of rigging
Former bankers Tom Hayes and Carlo Palombo who spent years in prison over Ibor manipulation are back in court this week as their cases will be heard at the Court …
EP: 259 Cheltenham Festival – Friday
Gold Cup Day is for many fans the highlight of the Cheltenham Festival with last year’s champion Galopin Des Champs hoping to retain his title in the Grade 1 event. …
Mercia’s venture capital trusts raise £60m as investors bulk up exposure to private businesses
Mercia Asset Management has raised £60m for three of its venture capital trusts focused on the North of England. In September, the trusts launched a share offer for £42m, with …
St Patrick’s Day in London: The best places for Guinness & oysters
The capital’s love affair with the briny bivalves stretches back to the early 19th century when it’s thought Londoners were consuming more than 700 million of the shellfish every year. …
Why the Bank of England will keep interest rates on hold despite lower inflation
The latest clutch of data is unlikely to change the Bank of England’s thinking ahead of its decision on interest rates next week. The UK economy returned to growth in …
Direct Line rejects ‘highly opportunistic’ raised takeover offer from Ageas
Direct Line has rejected a raised takeover offer made by Belgian insurer Ageas valuing it at around £3.11bn earlier this month, calling it “uncertain, unattractive” and “highly opportunistic”. In a …
EY’s incoming chief Janet Truncale names four global bosses in new leadership team
EY’s incoming CEO has shuffled her leadership team ahead of her taking over the role later this year, as she names four global managing partners to help her run the …