Renault has cancelled its much-anticipated Ampere IPO because of poor current equity market conditions, in a blow to the carmaker’s turnaround plan. “Renault Group considers that the current equity market…
Former Conservative donor and Iceland boss Richard Walker has thrown his support behind the Labour Party, calling it the “right choice” for businesses. The executive chairman of Iceland has endorsed…
Channel 4 has unveiled a major digital overhaul which will see it move out of its London headquarters and make hundreds of people redundant. The broadcaster published its ‘fast forward’…
Tyrrell Hatton has signed a blockbuster £50m deal with LIV Golf, according to reports, bringing further problems for Team Europe’s Ryder Cup selection next year. The 32-year-old is expected to…
Brokers are the most bullish on FTSE stocks since at least 2015, according to new analysis, as the market’s recent underperformance has made shares cheaper. Investment platform AJ Bell found…
The combined market capitalisation of London Stock Exchange-listed firms has shrunk by 17 per cent since 2013, in the latest sign of the exchange’s struggles. Analysis of data by investment…
Brits are facing yet another week of disruption this week as train drivers from the Aslef union walk-out in an ongoing feud over pay and working conditions. A combination of…
Ryanair saw profits fall sharply this morning and trimmed its full-year outlook after a number of online travel agents (OTAs) removed the carrier from their websites. Post-tax profit for the…
Arsenal manager Mikel Arteta has rubbished reports in Spain that he is ready to take the Barcelona job, insisting he has unfinished business in north London. Arteta has been touted…
Strategies to “smooth” out the impact of rising interest rates in private credit markets might end up storing up future trouble, a leading official at the Bank of England warned…