Virgin Atlantic anticipates a return to profit for the first time since the pandemic this year amid booming demand for leisure travel. The carrier, which is backed by Richard Branson’s …
Retirement Planning
Tom Hayes and Carlo Palombo: Leading politicians say ex-bankers’ rate-rigging appeal should go to Supreme Court
Three senior politicians have called for two ex-bankers jailed for rigging interest rates to have their appeal heard by the Supreme Court. The Court of Appeal last week upheld the …
As Morgan Stanley commits to Canary Wharf is the hub turning a corner?
Morgan Stanley has agreed to stay in Canary Wharf for another 14 years, a welcomed boost for the development following a string of high-profile departures. The US investment bank has …
Sadiq Khan pledges to create 150,000 jobs in AI, fintech and sciences
Sadiq Khan has pledged to create 150,000 new jobs in key growth sectors, including artificial intelligence (AI), financial and climate technology, and life sciences. The mayor of London – who …
Hilton Foods returns to the black as seafood wing recovers and inflation moderates
Meat packer Hilton Foods said the recovery of its seafood wing and a new deal with Walmart in Canada has helped drive growth for the year. In the year to …
AIM-listed Alpha Group plots move to London’s main market as fintech looks to expand
AIM-listed fintech and consultancy firm Alpha Group International has confirmed its intention to move to the premium list of the London Stock Exchange’s main market as its looks to expand. …
Literacy Capital trust completes £20m holding refinancing
The £290m Literacy Capital investment trust has completed a refinancing of one of its largest portfolio companies with new lenders. The portfolio company, which Literacy Capital refused to disclose, is …
JD Wetherspoon: Tim Martin to open pub at London Waterloo station investing millions and creating 120 jobs
JD Wetherspoon, the pub chain owned by Sir Tim Martin, is to open a new site at London Waterloo Station, it has been revealed. The new pub will be called …
Topps Tiles blames lower footfall and weak spending for sales slump
Topps Tiles has blamed lower footfall in stores and a slowdown in spending on big-ticket items for a slide in sales in the first half of the year. Over the …
Taiwan earthquake: Strongest in 25 years causes buildings to collapse and a small tsunami
Taiwan’s strongest earthquake in a quarter century has killed at least four people, authorities said. The national fire agency said four people died in Hualien County. Hualien was the epicentre …