Apple said it has “significant concerns” with the UK competition watchdog investigation into the supply of mobile browsers. In 2022, the Competition and Markets Authority (CMA) launched a probe into …
Retirement Planning
Pinewood Technologies strikes deal with AI firm to bolster US expansion
Pinewood Technologies, formerly known as Pendragon, has entered into an advanced subscription agreement with Seez, known for its automotive AI tech, it announced today. Under the terms of the agreement, Pinewood …
M&G no longer the industry exception as investors pull £1.5bn
Investors in M&G pulled £1.5bn from the investment manager over the last six months, as the group finally fell foul to the mass withdrawals that have plagued the industry. The …
Segro pounces on Tritax Eurobox with all-share £552m offer
The London-listed warehouse giant Segro has made an offer for its smaller peer, Tritax Eurobox. Sergo and Tritax Eurobox announced this morning they had reached an agreement on the terms …
Barratt: Profit halves at housebuilder but firm optimistic after Redrow deal
Housebuilder Barratt reported a halving in profit and drop in completions amid a challenging housing market, but has said it is optimistic about the future. Barratt said its total home …
CAB Payments posts slump in profit as currency shifts drag down earnings
Fintech CAB Payments has reported a slump in profit for the first half of 2024 as currency movements continued to weigh on its earnings. The London-listed firm said on Wednesday …
Hilton Foods: Profit soars at meatpacker as it looks ahead to Walmart site
Hilton Foods’ seafood and core meat divisions helped bolster the meatpacker’s first-half results as the company geared up for further growth. The FTSE 250 constituent, which had struggled to deal …
Wall Street carnage continues as Nvidia leads US tech selloff
A wave of panic selling hit Wall Street on Tuesday, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all suffering their steepest daily percentage declines since early …
Surge in ombudsman complaints deepens row over UK’s fraud refund scheme
Fraud-related complaints to the UK’s financial ombudsman have hit their highest level since at least early 2018, adding pressure on payment firms contesting a new mandatory reimbursement scheme. Between April …
Accsys: Building materials firm hails US launch as revenue shows signs of recovery
Sustainable building materials maker Accsys has officially launched its first operation in the United States in a move it hopes will help it to deliver its “ambitious” production targets, it …