Barclays has had a big day. Shortly after unveiling a drop in annual profits despite sky-high interest rates, the FTSE 100 bank revealed more details on a bold restructuring plan …
Financial Planning
Currys’ largest shareholder warns Elliott offer ‘highlights London equity market drain to US’
The head of Currys’ largest shareholder Redwheel, a hedge fund formerly known as RWC said Elliott Advisors’ proposed takeover offer of the retailer has “highlighted a wider problem with the …
Glencore-backed nickel miner’s shares Horizonte Minerals crash 62 per cent on project warning
Shares in AIM-listed nickel miner Horizonte Minerals, which is backed by sector giant Glencore have plummeted today after the company said it will require nearly 90 per cent more funding …
National Margarita Day: 7 London margaritas, one for every vibe
National Margarita Day is this Thursday Other cocktails try their darndest, but none can be the margarita. Mixologists work round the clock to devise complicated newcomers but really, all you …
Great British Railways: Here’s what the draft bill to bring ‘track and train’ together will do
The government has today unveiled its draft bill for reforming Britain’s beleaguered railway network through a state-owned unifying body. The draft Rail Reform Bill, which will now enter pre-legislative scrutiny, …
Guardian limits app articles, introduces paywall as losses grow
Guardian readers will now only be able to access 20 free articles on the media company’s app as it looks to boost falling revenues amid speculation that layoffs could be …
AJ Bell founder reportedly to chair JD Sports-backed sports supplement firm ahead of listing
The founder of one of Britain’s most well known investment platforms AJ Bell is reportedly set to become the chair of fast growing sports supplement firm Applied Nutrition. Andy Bell, …
Is the UK becoming a ‘challenging place’ to grow a business?
Despite a growing number of new businesses in the UK, new research suggests that it is becoming increasingly harder to grow and scale in the current economic climate. According to …
Fiat warns government must reinstate electric car grants amid sales slowdown
The government must reinstate its controversially-axed grant for electric cars in order to meet looming sales targets at the end of the decade, Fiat has warned. The UK is currently …
The Body Shop to close nearly half of UK stores – with seven to shut immediately
The joint administrators of The Body Shop have revealed plans to restructure the high street retailer which will see a raft of stores close and hundreds of jobs lost. FRP, …