Almost 140 jobs were created by the company behind the Hilton hotel in Manchester’s iconic Beetham Tower as it continued to recover from the Covid-19 pandemic, newly-filed documents have revealed. …
Personal Finance
Why one San Fran fintech snubbed Nasdaq for the London Stock Exchange
Boku is a San-Francisco founded fintech that bucked the trend to float in London in 2017. Charlie Conchie asks its new chief how life has been on the beleaguered London …
Shop price inflation drops as supermarkets slash costs
Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices. A new reading by the British Retail Consortium (BRC) showed shop price …
With failure came great success, says Carmoola founder and CEO
Aidan Rushby can still remember the guilt he felt the day he told investors he was no longer in it for the long run. Carefully drafting a letter to shareholders, …
Tourist Tax: M&S and Primark urge Jeremy Hunt to ‘think again’ as £11.1bn wiped of GDP
Business leaders are piling fresh pressure on the government to scrap its controversial tourist tax as data shows it is eating away at the UK’s GDP and banishing international visitors. …
Business group slams head of banking resolution scheme for ‘misleading’ MPs
Representatives of small and medium-sized businesses (SME) have hit out at “misleading” and “inaccurate” comments made by the chief executive of a banking resolution scheme in parliament last week. Mark …
Flutter: London set for further blow as gambling giant heads for New York
FLUTTER said yesterday that New York would be its “natural home” in another blow to London’s bruised and battered stock exchange. The owner of PaddyPower and – more pertinently – …
UK’s record energy transition investment needs to double to hit net zero targets
The all-time high energy transition investment levels seen in 2023 will need to triple and remain consistent through the next six years to meet net zero targets, a new report …
HSBC fined £57.4m by Bank of England’s PRA over historic depositor protection failings
HSBC has been fined £57.4 million by the Bank of England’s Prudential Regulation Authority for “serious failings” over customer deposit protection. The fine represents the second highest penalty ever imposed …
Diageo: Volumes slips in every region but Latin American horror show drags profits south
Diageo, the drinks giant behind Guinness and a host of top-shelf spirits, has seen growth slip in every region across the world, dragging profits sharply southward. The FTSE 100 firm …