Fund manager Abrdn has handed chief executive Stephen Bird a £800k bonus despite clients pulling out even more funds, leading to a slump in annual profits. Bird’s total pay for…
The Financial Conduct Authority is planning to publicly name the companies it is investigating in a bid to deter firms from breaking the rules and encourage whistleblowers to come forward,…
Smith and Nephew, the medical technology business reported steady revenue today growth despite ‘headwinds’ in China slowing down its 12-point growth plan. The FTSE 100-listed firm said its fourth-quarter revenue…
Orsted, the world’s largest offshore wind farm developer, has brought in a new CFO and COO as it battles with macroeconomic challenges pummelling the sector. The Danish energy giant announced…
Consumers’ spending on offers increased by four per cent in February, worth £586m more than the same month in 2023, as Brits continued to seek out discounts despite cooling inflation. …
Customers switching to own-brand products because of the cost-of-living crisis impacted sales at Victorian Plumbing during the first part of its financial year, according to new figures. The Skelmersdale-headquartered company…
Student landlord Unite Group has reported a jump in earnings for 2023 on the back of strong occupancy levels and higher rents. Earnings came in at £184m for 2023, up…
The chief executive of Google DeepMind has said artificial intelligence (AI) could be designing drugs in clinics within the next couple of years. Demis Hassabis, who founded DeepMind in the…
A record 93.4 per cent of all in-store card transactions up to £100 were made using contactless, according to a new study by Barclays, as the payment method traditionally used…
Cutting stamp duty on the purchase of properties and shares should come top of the Chancellor’s list of potential tax cuts in the Spring Budget, a leading think tank has…