In 2021, Anglo American reported record revenue of $41.6bn (£32.8bn) and underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $20.6bn (£16.3). But this windfall proved to be short-lived. …
Financial Planning
Fortnite: Top-ranked pro gamer brought in by David Beckham-owned Guild Esports
Leading professional Fortnite player ‘Charyy_’, has been brought in by Guild Esports gaming giant, as it looks to bolster its current roster. Guild Esports told markets this morning he had …
Jobs saved after luxury kitchen maker Harvey Jones sold out of administration
Around 140 jobs have been saved after luxury kitchen maker Harvey Jones was sold out of administration in a pre-pack deal. A fund managed by RBC BlueBay Asset Management has …
Begbies Traynor agrees new £25m debt facility with HSBC
Professional services restructuring specialist Begbies Traynor agreed to a new debt facility with HSBC, which replaces its existing facility with the same bank. The group’s existing facility was due to …
FTSE 100 live: Housebuilders weigh on London’s premier index after CMA warning
London’s FTSE 100 held steady on Monday morning, with housebuilders weighing on the index after the competition watchdog found “fundamental concerns” with the market Both of London’s main markets were …
Hipgnosis ramps up legal action against founder as strains deepen
Hipgnosis Songs Fund has ramped up legal action against its founder Merck Mercuriadis today in a bid to secure protection from a lawsuit which alleges he stole the idea for …
Hammerson: Commercial real estate firm completes half-a-billion pound of disposals
Real estate operator Hammerson has announced the sale of a shopping centre in Scotland, completing £500m of its disposal programme. The company told markets this morning it had exchanged contracts …
Wincanton shareholders set to receive bigger payout after firm draws higher offer from buyer Ceva
Trucking firm Wincanton has today announced it has squeezed a higher price out of the French giant Ceva Logistics, which made an offer for its UK-based peer back in January. …
Bunzl hikes dividend and snaps up two more firms for £339m
Acquisitive outsourcer Bunzl has hiked its dividend and brought two more firms into the fold, bringing its total acquisition spend to £5bn in the last two decades. In its full …
Sir Jon Thompson: Ex-FRC and HS2 boss among ‘new high-calibre directors’ at Frasers
The former CEO of the Financial Reporting Council Sir Jon Thompson has been brought onto the board of Mike Ashley’s Frasers Group, as it brings in “new high-calibre directors”. Frasers …