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    Mastercard issues winding up petition against London fintech Guavapay

    Why mascots are the next branding opportunity for sports teams

    Dyson will ‘stop being Dyson’ without inheritance tax U-turn

    UBS seals deal to sell $8bn in loans to Apollo as it presses on with Credit Suisse integration

    March 27, 20240274 views

    UBS and private equity giant Apollo Global Management have finalised a deal to sell $8bn worth of Credit Suisse’s securitised products as the bank winds down non-core businesses of its…

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    Travis Perkins chief who oversaw Wickes demerger to step down after profit slashed

    March 27, 20240239 views

    The chief executive of Travis Perkins is to step down after five years in the role, after profit was slashed by £175m. Nick Roberts is to remain in his position…

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    Ithaca Energy to buy Eni’s UK assets, but mothballs projects due to windfall tax

    March 27, 20240236 views

    Ithaca Energy, a leading UK independent exploration and production company, has announced plans to combine with substantially all of Eni S.p.A.’s UK upstream assets, including the recently acquired Neptune Energy…

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    Scotch Malt Whisky Society owner hit by China downturn

    March 27, 20240224 views

    Scotch whiskey business Artisanal Spirits Company said it was “disappointed” in its growth for the year to December.  The alcohol firm generated a loss before tax of £3.6m, which it…

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    CMC Markets raises income expectations on continued ‘positive momentum’

    March 27, 20240233 views

    CMC Markets has raised its full-year income expectations after improved market conditions helped the online trading platform in the fourth quarter. The FTSE 250 firm said in a trading update…

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    Playtech beats expectations as US casino deals boost growth

    March 27, 20240236 views

    Gambling software firm Playtech’s full-year earnings came in ahead of market expectations as a string of prior deals with US casinos helped drive growth. Adjusted earnings before interest, taxation, depreciation…

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    GAM: Asset manager’s losses spiral after Liontrust deal collapse

    March 27, 20240233 views

    Swiss asset manager GAM has reported heavy losses in its annual results, after a tumultous year that saw its potential takeover by Liontrust crash and burn. Investors pulled billions from…

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    Revolution Beauty raises guidance as it ploughs ahead with growth plans

    March 27, 20240234 views

    Scandal-stricken make up firm Revolution Beauty has raised its profit guidance for the year, as it ploughs ahead with plans to reach £1bn in retail sales over the next six…

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    Sir Martin Sorrell’s S4Capital hits stormy waters after breakneck growth

    March 27, 20240275 views

    Advertising group S4Capital has reported a decline in revenue and operating profit as “challenging macroeconomic conditions” took their toll on the group in 2023. The company, founded by advertising giant…

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    Vanquis Bank swings to annual loss and slashes dividend after jump in impairment charges

    March 27, 20240250 views

    Vanquis Banking Group has swung to an annual loss and slashed its dividend after the specialist lender saw a jump in impairment charges following a profit warning for 2024 earlier…

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