The Financial Reporting Council (FRC) revealed significant updates to the UK Stewardship Code application process, targeting five priority areas designed to drive better outcomes. The UK Stewardship Code is a …
Personal Finance
Premier League games in America? No, says top flight club owner
Premier League clubs should resist calls to take competitive games overseas despite Fifa relaxing its stance on the matter, says Bournemouth’s American owner Bill Foley. The Premier League previously considered …
Rolls-Royce wins major nuclear funding boost from UK Space Agency
Rolls-Royce has won a major funding boost from the UK Space Agency which will help boost its bid to provide nuclear power in space. The Derby-headquartered FTSE 100 giant said …
LVMH-backed L Catterton, the new owner of Bicester Village is one of the world’s biggest retail investors
You may never have heard of LVMH-backed L Catterton, but you’ve probably bought one of their products. With $34bn (£26.29) in assets under management, they are purportedly the largest consumer-focused …
Harland & Wolff: Propping up Titanic shipbuilder posed ‘substantial risk taxpayer cash would be lost’
Propping up Harland & Wolff presented a “very substantial risk that taxpayer money would be lost,” the government has said. The Belfast shipyard, which built the Titanic, is facing collapse …
Financial distress soars in ‘extremely testing’ UK business environment
The number of firms facing ‘significant’ financial distress has increased sharply over the past year as businesses continue to grapple with an “extremely testing” business environment. According to Begbies Traynor’s …
FTSE 100 funds bled £2bn in June, but who is losing out?
UK large cap funds, which invest in FTSE 100 companies, saw investors pull over £2bn from them during June, as losses began to concentrate in a select few asset managers. …
Ascot Racecourse saddles up for bumper year as turnover gallops to new record
Ascot Racecourse saw its profit soar last year as hundreds more people visited the iconic venue despite icy weather cancelling one of its key race days, newly-filed documents have shown. …
Carpetright: Staff and customers lose out as rival Tapi rescues brand out of administration
Carpetright has been rescued out of administration but more than 1,000 jobs have been lost. The major carpet and tiling retailer, which is headquartered in Essex, has been snapped up by …
‘The race is on!’: British aerospace firm Orbex ready for liftoff after opening London office
The heat is on for the UK to establish itself as a serious contender in the space race, according to the chief of aerospace company Orbex, which is on the …