Shares in Future climbed over 11 per cent on Thursday morning after the media group said it returned to revenue growth in its second quarter as its Go Compare price …
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Gulf Marine Services upgrades outlook again and raises prospect of a dividend as oil sector booms
Oil field service provider Gulf Marine Services (GMS) has posted a strong set of end-of-year results, with net profit, revenue, and margins all up and its debt burden coming down. …
Worst Corporate Jargon of the Week: Talent
Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and …
Abrdn shareholders should oppose finance chief’s £675k salary says proxy advisor as boss handed £800k bonus
An influential proxy advisor has urged Abrdn shareholders to vote against the asset manager’s pay report due to its new chief financial officer’s £675,000 salary, despite his pay matching the …
Treasury urged to reform tax system in bid to boost US-style philanthropy
The culture secretary, Lucy Frazer, has been trying to persuade the Treasury to reform the tax system to encourage US-style philanthropy, according to a report. The UK sees much lower …
One of London’s most expensive mansions has been bought by UAE president MZB
Sheikh Mohammed bin Zayed Al Nahyan, the president of the United Arab Emirates, has reportedly bought one of the most expensive homes in London. A mansion built on the site …
Co-op’s revenue ticks down but group looks forward to ‘golden era’ of growth
The Co-op board said it was confident in the group’s outlook for the year as it steamed ahead with plans to build its membership base to 8m by the end …
Post Office scandal: Leaked recordings reveal bosses knew Fujitsu meddled with postmaster Horizon accounts
Leaked recordings have exposed early knowledge of Post Office officials learning about flaws in the Horizon software, implicating them in wrongful prosecutions of sub-postmasters. According to two audio files of …
‘Positive momentum’ continues for used car seller Motorpoint as it looks to put ‘difficult’ 2023 in rear view mirror
Used car seller Motorpoint said it expects to perform at the “favourable end” of management expectations after the strong momentum seen at the turn of the year continued. In a …
Ethena’s Success Causes A Battle Within DeFi
On Tuesday, the market experienced a sharp decline due to some of the $2 billion of Bitcoin within the United States Department of Justice’s wallet being moved. The wallet’s contents …