Luxury Swiss watch brand Richard Mille has issued a huge dividend and hinted that 2024 will be another year of sales success. The company’s Europe, Middle East and Africa division, …
Financial Planning
Solid services sector ‘bodes well’ for UK economy despite stubborn price pressures
Business activity in the services sector picked up in July, according to a closely watched business survey, suggesting that the economy will continue to grow in the months ahead. S&P’s …
Legal & General bags extra £150m for affordable homes drive as housing crisis worsens
Legal & General has secured an extra £150m for its UK affordable housing drive, pushing its total pot to £280m. The lion’s share of this new funding comes from the …
Litigation liberation: Alius Law breaks free from tradition in Mayfair
In the heart of Mayfair, Alius Law is shaking up the legal industry with a different approach to the traditional structure of a law firm, where the motto is “happy …
Air Astana eyes China routes after record passenger traffic
Kazakh flag carrier Air Astana has reported half-year record passenger numbers, driven by unexpectedly high demand for its Chinese routes. Some 4m passengers flew with the London-listed airline in the …
Regional REIT: Boost to bottom line as it looks beyond emergency capital raise
Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net …
FTSE 100 follows Asian stocks lower as tech-heavy Nasdaq set to plunge 1,000 points
London’s FTSE 100 has fallen to its lowest level since April as a global market rout triggered by fears of a US recession continued into a new week. The blue-chip …
Ritz Paris: Profit slashed despite US popularity at Al-Fayed-owned luxury hotel
Ritz Paris, the luxury hotel owned by the Al-Fayed family, saw its profit slashed during 2023 despite sales jumping thanks to its continuing popularity among US visitors. The five-star hotel …
Life sciences firm hVIVO cancels Euronext listing to focus on London
Life sciences firm hVIVO has said it is cancelling its admission to listing on Dublin’s Euronext Growth exchange to focus on consolidating its presence on London’s AIM market. The company, …
Societe Generale offloads UK and Swiss private banking units in latest sales
French bank Société Générale has struck a deal to sell its UK and Swiss wealth management businesses to Geneva-based Union Bancaire Privée for €900m (£771m) as part of efforts to …