London-listed betting and sports gaming company Entain has been hit with legal action over alleged bribery at a former Turkish subsidiary. Entain made headlines back in November after it signed …
Financial Planning
Marv Studios: Record year for Matthew Vaughn and Claudia Schiffer’s Kingsman maker
Marv Studios, the production company founded by Matthew Vaughn and Guy Ritchie, achieved the best year in its history as it surged back into the black. The firm, which is …
Rachel Reeves facing ‘tough choices’ after latest UK borrowing figures
If it was not already clear enough, this morning’s borrowing figures show that Rachel Reeves has a difficult job on her plate as the October Budget slowly draws nearer. Already …
Falling number of London taxi drivers leads to LEVC losing more than £100m
LEVC is attempting to boost its net worth by £100m to combat the falling number of taxi drivers in central London and the expected further decline in its sales this …
Tech firm Pebble Beach Systems reports ‘strong sales pipeline’ despite market challenges
Tech firm Pebble Beach Systems expects a positive year ahead as the software group reported a “strong sales pipeline” despite challenging market conditions. The firm, which specialises in playout, content …
Waitrose to ramp up convenience store expansion with 100 new sites
The premium grocer Waitrose will expand its store portfolio by around a third over the next three years in one of its “biggest periods of expansion” as it ramps up …
Claridge’s Hotel: Major expansion helps sales and profit surge at five-star London icon
Sales at Claridge’s Hotel surged by more than 20 per cent in 2023 thanks to a “strong” recovery from the Covid-19 pandemic and the completion of a major expansion project. …
Riverstone Energy share buyback programme marches on after £158m spending spree
Riverstone Energy’s underlying assets per share ticked up seven per cent over the last six months, as the company continued an aggressive share repurchase programme. Riverstone’s monster share buyback programme …
Government borrowing exceeds estimates as public sector spending jumps
New figures show that the government borrowed more than expected in July as spending on public services increased faster than tax receipts. Government borrowing – the difference between public sector …
Costain launches £10m share buyback as profit and backlog jumps
Engineering firm Costain has kicked off a £10m share buyback after it revealed a set of strong results this morning. In its half-year results, the company revealed that adjusted operating …