Barclays has unveiled a drop in annual profits as the bank undergoes a sweeping restructuring designed to save £2bn in costs and return £10bn to shareholders by 2026. It revealed …
Financial Planning
Plus500 rolls out £138m shareholder return despite trading slowdown
Retail trading platform Plus500 topped market expectations and announced plans to put $175m (£138m) back in shareholders pockets today despite a squeeze on revenues and profits over the past year. …
Farringdon’s iconic Piano Works snapped up by listed bar giant
London Cocktail Club owner Nightcap has bought The Piano Works in its latest bid for expansion, but warned that trading in 2024 had been “far softer” than expected. The AIM-listed …
Kistos set to buy EDF’s UK gas storage arm for £25m
Kistos is set to buy the gas storage arm of EDF Energy, the British subsidiary of the French nuclear power giant, for £25m. The purchase will see two onshore gas …
IHG: Holiday Inn owner unveils another buyback as revenue and profit jumps
Holiday Inn owner InterContinental Hotels Group (IHG) has announced a new share buyback and hiked its dividend 10 per cent after a bumper year. The group published its final results …
Lok’n Store’s development pipeline grows as company seeks to capitalise on demand for self-storage
A publicly listed self-storage company is close to opening its biggest store to date in Barking, Greater London. This morning, Lok’n Store said it received formal planning permission for the new …
Trevor Steven: Why I can’t see past Manchester City in three-horse title race
It feels like this season has delivered the Premier League title race that we’ve been waiting for. In recent years we’ve had one team chasing another but this time you …
BHP trims payouts as nickel glut and dam disaster wipes billions from bottom-line
BHP Group has watered down its dividend after a steep fall in first-half net income and flat underlying earnings. The world’s largest-listed miner said in its results released late last …
Capital One announces tie-up with Discover in $35.3bn deal creating payments giant
US bank and credit card issuer Capital One announced yesterday evening that it plans to buy rival card firm Discover Financial Services in a deal valued at $35.3bn. The transaction …
Michael Saylor’s MicroStrategy is just getting started
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets Sam Bankman-Fried. …