Former star stock picker Neil Woodford, who managed the infamous £3.7bn Woodford Equity Income fund until its collapse, has been targeted by the regulator for his “defective and unreasonably narrow…
Corporate distress levels in the UK have stabilised in the first quarter of 2024 but Germany remains the continent’s “most distressed market”, new research shows. According to Weil’s European Distress…
Newcastle United have received a cash injection of £37m from an investor, filings at Companies House show. The unnamed buyer – thought likely to be one of the club’s existing…
Interest rate cuts should still be a “way off” given the danger of persistent inflation in the UK, a Bank of England rate-setter said. “The UK economy has faced the…
Crisis-hit Boeing has faced another turbulent week as it grappled with several more troubling developments in the space of a few days. Problems kicked off with yet another incident involving…
Pepco Group, the owner of the Poundland brand in the UK, has appointed a new chief executive and warned the current trading environment remains “challenging”. On Thursday, the discounter said…
In a giant building in northern Italy, an army of robots assemble. It’s not the robopocalypse, it’s an Amazon warehouse. The tech company has today opened the doors to its…
Polar Capital, the specialist fund manager, saw its assets under management jump in the year to the end of March as buoyant equity markets offset outflows. The firm announced in…
Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column. This week he tackles the Everton’s takeover bid,…
“The closer you look at beauty,” writes the novelist Alan Hollinghurst, “the more unsettling it becomes.” This line from the novel The Line of Beauty, in which the glamorous protagonist…