Shares in FTSE 100 consumer goods giant Reckitt plunged more than 15 per cent on Friday as concerns grew about the firm’s exposure to lawsuits in the US. On Wednesday, …
Retirement Planning
Chinese shopping giant JD pulls out of Currys takeover race
Chinese online shopping giant JD.com has pulled out of the race to acquire Currys, just one week after another potential suitor bowed out. In a statement today the firm said …
Remember the £190m interest bill Thames Water wanted more time on? It’s due next month
Another headache has emerged for the owners of Thames Water. It has been reported that some of its major creditors have engaged EY to advise them on their options ahead …
‘Death by a thousand cuts’: UK insolvencies soar 17 per cent and exceed pandemic levels
Fresh insolvency figures painted a grim picture this morning, with a number of companies going bust soaring by 17 per cent last month compared to 2023. The Insolvency Service said …
Soho House: Waiting list at private members club and short seller target hits another record
Soho House, the exclusive private members club, reported a loss of $57m (£44m) in the fourth quarter but said its wait list is now at another all-time high. On a …
Purton booked for Sweet success aboard Bear
REIGNING champion jockey Zac Purton is nearly over the hill and far away with regards to winning his seventh jockeys’ championship title this season. With nearly two thirds of the …
Size’s expensive Youngster could be today’s Champion
RACING at Sha Tin in Hong Kong on Saturday hosts a mixed-bag of action with a 10-race programme featuring action on both the turf and all-weather tracks, starting at 5.00am. …
N Brown: Simply Be and JD Williams owner puts jobs at risk
N Brown, the company behind the Simply Be, Jacamo and JD Williams brands, has put jobs at risk of redundancy. The Manchester-headquartered business said a “small number of roles” could …
McDonald’s apologises for ‘inconvenience’ as IT outage leaves UK customers unable to order
McDonald’s branches across the globe have suffered an IT system outage which has left customers across the globe unable to order food. This morning, customers in the UK, Australia, New …
Think you can beat the market? Most active managers can’t
Only 17 per cent of actively managed equity funds managed to beat the index over the last decade, according to a new report from Morningstar. Morningstar’s Active/Passive Barometer found that …