The London Marathon has become the first marathon to offer equal pay for wheelchair and able-bodied races. The prize money has jumped by $54,500 (£43,000) to take the wheelchair prize …
Retirement Planning
Recession ‘already over’ as economic activity picks up again but inflationary pressures grow
The UK is already powering away from the shallow recession recorded in the second half of last year as business activity picked up again in February, a closely watched survey …
Tortilla Mexican Grill says adios to long serving chief
One of London’s most popular Mexican chain restaurants, Tortilla Mexican Grill, has announced the departure of its long-serving boss and their successor. Andy Naylor is the new CEO of Tortilla …
FTSE 100 live: London flat on busy results morning dominated by Lloyds
London’ FTSE 100 was relatively flat following a busy series of results from Lloyds, Rolls-Royce, Beazley and Indivior, the latest firm to jump from the capital’s markets. The capital’s blue-chip …
Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes
The UK’s biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins. A City A.M. analysis of company …
Beazley plans additional shareholder returns, pushing up share price 8.8 per cent
Insurer Beazley has said shareholders will reap the rewards of a strong 2023 as it aims to put $300m (£236.7m) into their pockets. The move has pushed the firm’s share …
Indivior plans primary US listing in another hit to London’s flagging equity market
Indivior, the opioid dependence treatment maker has today said it will start consultations with shareholders on plans to shift its primary listing to the US in yet another blow to …
Safestore Holdings: Revenue slips amid ‘challenging economic environment’
Safestore Holdings, the UK’s largest provider of self storage containers, saw revenue slip in the first quarter citing a “challenging economic environment.” In an update, the FTSE 250 firm which …
Hikma shares spike after pharma giant’s profit up 30 per cent
Pharmaceuticals giant Hikma’s share price spiked on Thursday after reporting a 30 per cent increase in profit, but it expects them to be slightly lower in 2024 than last year. …
Gymshark: Profits continue to fall despite surge in sales
Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed. The Solihull-headquartered business posted pre-tax profits of £13m for …