The UK’s construction sector has “turned a corner”, a closely watched survey suggests, helped by a marked recovery in residential housebuilding. According to S&P’s PMI for the construction sector, the …
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Reeves is right to squeeze private equity – but a sweeping capital gains hike will hurt the City, says Cavendish chair
The government is right to launch a raid on the profits made by private equity bosses but a sweeping hike in capital gains and inheritance tax could suck investment out …
‘Madness’: Sky News moves Ian King Live out of Square Mile
Sky News’ flagship business programme, Ian King Live, has left its iconic Square Mile address, relocating to Sky Group’s headquarters in Osterley, City A.M. has learned. The channel initially moved …
Schroders set to promote CFO Richard Oldfield to CEO
Schroders is set to promote its chief financial officer Richard Oldfield to CEO after Peter Harrison announced in April that he would be retiring. Oldfield, who joined Schroders last year …
Ugandan Olympian Cheptegei dies after being set on fire by partner
Ugandan Olympic athlete Rebecca Cheptegei has died from injuries sustained when she was set on fire by her partner after an argument. The 33-year-old distance runner, who competed at the …
Samworth Brothers: Profit slashed despite price rises at Ginsters owner
Sales at Samworth Brothers, the food giant that owns the likes of Soreen, West Cornwall Pasty Co and Ginsters, passed £1.5bn as its raised prices for its customers in 2023, …
Ornua Foods: Pilgrims Choice and Kerrygold maker churns up £500m UK sales
Turnover at the UK division of Ornua Foods, the maker of Pilgrims Choice cheese and Kerrygold butter, surged to more than £500m during its latest financial year. The Staffordshire-headquartered arm’s …
Genus: Animal genetics firm begins recovery after gruelling year
Animal genetics specialist Genus has shown early signs of stabilising after a gruelling year during which its share price tumbled by 20 per cent. Shares in the London-listed firm nose-dived …
International Public Partnership rides high on ‘strong’ outlook for infrastructure
Infrastructure investment company International Public Partnership has continued to boost its portfolio with four new investments and has argued that the market considers its share price “materially undervalued.” The FTSE-250 …
Swissport makes first UK profit since 2018 as sales finally recover from Covid
The UK arm of Swissport has returned to the black for the first time since 2018 as its turnover recovered to pre-pandemic levels. The Cheshire-headquartered division of the aviation services …