Following on from the festival it’s the traditional Midlands National at Uttoxeter on Saturday, plus they race at Kempton on the same afternoon. City AM Racing editor Bill Esdaile previews …
Retirement Planning
‘Incredible spin’: Sadiq Khan slated for linking rising crime to cost of living crisis
Sadiq Khan has been blasted for “incredible spin” over his linking the cost of living crisis to increasing crime in London. In a speech on Thursday, the mayor of London …
Victorian Plumbing’s billionaire boss is handed millions more by his mother
The billionaire founder and chief executive of Victorian Plumbing has been handed millions of shares in his own company by his mother. Mark Radcliffe has received more than 5.3 million …
Could Glencore really ditch the so-called ‘home of mining’ the London Stock Exchange?
Activist investor Tribeca sent jitters through the City yesterday with the claim that London had lost its lustre for the likes of Glencore. The London Stock Exchange, the Aussie hedge …
Competition watchdog probes Barratt’s multi-billion pound Redrow deal
The competition watchdog is to investigate Barratt’s £2.5bn acquisition of rival housebuilder Redrow. This morning, the Competition and Markets Authority (CMA) said it is: “considering whether it may be the …
Bodycote stock surges after company announces profit jump and new buyback
Thermal processing expert Bodycote has begun a £60m share buyback programme after reporting a strong growth in profit in its annual results. The firm’s stock price jumped five per cent …
Demand for air quality systems helps Volution nudge up expectations for profit
Shares in air quality solutions supplier Volution jumped more than five per cent this morning after the group posted its half-year results, which came in ahead of expectations. Covering the …
Berkeley shrugs off housing market woes and remains on track for three-year growth plan
British property developer Berkeley Group is on track to deliver £1.5bn of pre-tax profits over the next three years, according to an update by the firm this morning. The business, …
Scottish Mortgage unveils £1bn share buyback programme after strong year
The £14.2bn Scottish Mortgage Investment Trust has unveiled a £1bn share buyback programme after a rapid turnaround in the growth-focused trust’s fortunes over the last year. The trust, which is …
Vodafone offloads Italian arm and kicks off bumper buyback
Vodafone has struck a deal to offload its Italian arm for €8bn (£6.3bn) and announced plans for €4bn (£3.4bn) share buyback today in the “third and final step” of efforts …