HICL Infrastructure sells toll-road stake to finance share buyback
Investment trust HICL Infrastructure is set to sell its £183m stake in an American toll-road project, using the cash to begin a major share buyback programme. The trust said today…
Investment trust HICL Infrastructure is set to sell its £183m stake in an American toll-road project, using the cash to begin a major share buyback programme. The trust said today…
Housebuilder Taylor Wimpey saw its operating profit fall 49 per cent last year as the number of homes built by the company dropped 24 per cent. This morning, the FTSE…
London’s FTSE indexes opened in the red on Wednesday as St James’s Place shares cratered following a disappointing set of results. The blue-chip index opened 0.29 per cent lower at…
Almost £70m was lost by the group behind kitchen maker Magnet after being hit by “unprecedented” inflation, “elevated” energy prices and “notably subdued markets” due to the cost-of-living crisis. The…
Demand for the most expensive luxury jewellery helped sales pass £100m at Boodles during its latest financial year. The family-run company, which was founded in 1798, has posted a turnover…
A majority of voters want the government to prioritise long-term investment in public services in the Spring Budget rather than tax cuts, according to new polling conducted for the Tony…
Just four per cent of homes on sale in London are exempt from “hefty” stamp duty charges, as fresh pressure is piled on the UK Chancellor to reform the levy…
The success of Drive to Survive in attracting new fans and growing the revenue of Formula 1 has spawned imitators in just about every sport, from tennis to golf, rugby…
Vodafone has taken the next step in a radical restructuring of the group, agreeing to offload the Italian arm of the company in a multi-billion deal. Vodafone has agreed to…
City A.M.’s new weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. Are flat workplace structures a good idea?…