Abu Dhabi-backed investment fund Redbird IMI has confirmed today that it has launched a sale of the Telegraph Media Group (TMG). This decision followed impending UK legislation, the Digital Markets, Competition …
Retirement Planning
Co-op boss Shirine Khoury-Haq quits Persimmon board role to focus on day job
The chief executive of The Co-op has quit her role at house builder Persimmon. Shirine Khoury-Haq will step down from her role as an independent non-executive director of the company …
St James’s Place: Why these City analysts say buy the scandal-hit stock
It might be seen as a case of results-day corporate-speak that Mark Fitzpatrick could describe the first three months of the year as “good” for St James’s Place. Some 30 …
Sensodyne maker Haleon to cut over 400 jobs and close its only UK factory
The maker of Sensodyne toothpaste and Advil painkillers has announced plans to close its only UK factory which will see the loss of more than 400 jobs. Consumer healthcare group …
Hankook: Brits buying worse tyres because of cost of living crisis
The UK arm of global tyre giant Hankook has warned drivers are turning to lower quality products as they battle the cost of living crisis. However, the switch failed to …
Wework founder Adam Neumann iced out of £359m bankruptcy deal
Troubled office space provider Wework has unveiled a new plan to absolve itself from bankruptcy, but it does not involve Adam Nuemann its founder who was looking to regain control …
Competition watchdog launches probe into unregulated legal and will writing services
The Competition and Market Authority (CMA) launched a consultation on Tuesday into unregulated legal providers in the UK, including those that provide will writing. The purpose is to draft guidelines …
Klarna offloads London entrepreneur’s shopping tech after just three years
Fintech firm Klarna has sold assets in virtual shopping business Hero to Swedish video commerce platform Bambuser for around £1.1m just three years after buying the entire company for a …
Kazakhstan’s Air Astana reaches new heights following London listing
Kazakhstan’s flag carrier Air Astana has reported an 18.5 per cent rise in quarterly passenger traffic after floating on London’s equity markets earlier this year. The increase brings the figure …
‘So special’ Jofra Archer backed to be fully fit for T20 World Cup after England selection
England cricket boss Rob Key insists they are confident Jofra Archer will be back at 100 per cent for the T20 World Cup after naming him in the squad for …