Delivery platform Just Eat has agreed to sell its American arm, Grubhub, to the US takeaway startup Wonder. Shares in Just Eat rose 19 per cent in early trades on …
Financial Planning
Buy-now pay-later giant Klarna files for IPO in the US
Buy-now pay-later (BNPL) giant Klarna has filed for an initial public offering (IPO) in the US, formally starting proceedings for a blockbuster stock market debut. The Swedish fintech company confidentially …
Experian lifts margin outlook as revenue rises
Consumer and data analytics firm Experian raised its margin outlook after delivering an increase in revenue in the first half of the year. Revenue was up six per cent in …
Flutter: Paddy Power owner slashes loss as US sales double
Gambling giant Flutter Entertainment, whose brands include the likes of Paddy Power and Betfair, slashed its net loss during its latest quarter as its US sales doubled. The group’s total …
Motor finance: City watchdog considers deadline extension
The City watchdog is considering giving lenders more time to respond to consumer complaints about motor finance commissions following a landmark court case last month. The Financial Conduct Authority (FCA) …
Fuller’s pub boss warns Budget tax changes will drive hospitality to the brink
The boss of pub chain Fuller, Smith and Turner has made a stark warning about the effect of recent tax rises on hospitality, warning it will increase inflation and drive …
Ahead of the Game: Reading FC hero emerges as potential saviour
Former Reading chairman Roger Smee is considering making a last-ditch attempt to rescue the club from the ownership of Dai Yongge. The 76-year-old property tycoon, who also played for Reading …
Rachel Reeves needs to get real with the fact that we have become too cautious
Before the election, Rachel Reeves said she would “unashamedly champion” financial services “as one of the UK’s greatest assets”. This was music to the ears of our sector and the …
Working mothers will pay for Labour’s tax rises
Employers’ national insurance hikes will increase the cost of childcare and put nurseries out of business, making life for working mothers even harder than it already is, says Alys Denby …
Office for Value for Money: Can more bureaucracy really improve productivity?
The public sector’s productivity record is abysmal, and Rachel Reeves’ new Office for Value for Money shows she knows it. But will more bureaucracy really solve the issue, asks Paul …