The powerful Spanish dynasty which holds the largest stake in Mobico Group has upped its stake in the embattled transport firm amid ongoing share price struggles. The Cosmen family, the …
Estate Planning
Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground
Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures. According to the latest data …
Firms still face ‘significant pressure’ despite slight decline in insolvencies
The number of firms’ monthly insolvencies has eased from record highs but remains well above levels just a couple of years ago. 2,006 firms went bust in May, according to …
One of Russia’s top food retailers cancels London listing
One of Russia’s top food retailers has cancelled its London listing, more than two years after Moscow’s war in Ukraine led to an exodus of firms from the UK. O’Key …
Revolut adds ‘Revpoints’ and financial market trading tools as it bids to become money super app
Revolut has announced a series of updates and product launches as the fintech seeks to diversify its revenue streams and establish itself as a super app. On Tuesday, Revolut announced …
London-listed Litigation Capital Management appoints veteran accountant as CFO
London listed-Litigation Capital Management (LCM) has appointed David Collins as its new chief financial officer, as Mary Gangemi is set to resign. Collins is a chartered accountant, having started his …
House of St Barnabas liquidators begin hunt for buyer
The liquidators managing the collapse of The House of St Barnabas (HOSB) have kicked off their hunt for a buyer for its historic Greek Street address six months after the …
Labour’s private equity tax raid will avoid bosses who risk their own cash
A Labour government would allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves …
Oxford Biomedica issues new shares to secure a £17m investment
Cell and gene therapy company Oxford Biomedica has announced a near £17m investment which will see it issue new shares to the London Stock Exchange. The firm will issue more …
Stablecoin Issuers Are Becoming Major Holders of US Debt
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. If stablecoin …