The Co-operative Group has revealed an £80m hit to half-year profit after a damaging cyber attack earlier this year. The retail and funerals specialist said that it had slumped to …
Investing
Budget: Tax hikes loom for Britain’s wealthiest
Wealthy Brits are bracing themselves for a raft of tax rises in the looming Autumn Budget, prompting many to scramble to protect their wealth. According to the latest Saltus wealth …
Huge losses revealed at Purplebricks after takeover
Online estate agency Purplebricks racked up huge losses in the year it was taken over by Strike, it has been revealed. New accounts filed nine months after the Companies House …
UK fintechs send rallying cry as industry slips in global ranking
UK fintech leaders have sent a rallying call to policymakers after the sector slipped in global rankings. A host of industry bigwigs have told City AM the government must be …
Watch: Is the UK at risk of recession?
Play Video We were told this would be the most pro-business government in the history of the country – so why have a gang of top chief executives this week …
City Giving Day brings philanthropic flair to the Square Mile
The City of London swapped suits for spandex, bells, and bingo this week as City Giving Day rolled out across the Square Mile. The annual celebration, now a cornerstone of …
Manufacturing sector warned: Employment claims set to soar under new Rights Bill
Manufacturing businesses are grappling with a rising tide of Employment Tribunal claims, driven by economic pressures, which are set to become even more challenging under the Employment Rights Bill. A …
Supernova: Ex-Saatchi Sir John Hegarty backs social network
Sir John Hegarty, the creative heavyweight behind Saatchi & Saatchi, TBWA London and Bartle Bogle Hegarty, has become an investor and creative adviser to social network Supernova. The platform, created …
Rugby: London Irish comeback begins with new partnership
London Irish Rugby Club will today take the first step in their comeback towards professional rugby by announcing a commercial partnership with ticketing company Tixr. The former Prem team, who …
Petershill Partners blames ‘enduring valuation discount’ as it quits London Stock Exchange
Investment firm Petershill Partners has become the latest business to unveil plans to quit the London Stock Exchange after it complained of suffering from an “enduring valuation discount.” The FTSE …