When the little-known pharma firm Redx announced plans to delist from the London Stock Exchange’s AIM market last week, it issued a familiar refrain. “Despite completing some of the largest …
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FTSE 100: Investors should increase their exposure says Barclays
An over-reliance on ‘old world’ commodity giants has often been seen as the FTSE 100’s biggest weakness, but analysts at Barclays said there were good reasons why this might soon …
Lloyds to cut jobs in risk management after finding it was a ‘blocker’ to transformation progress
Lloyds Banking Group is preparing to axe roles in its risk management division after finding that it was a “blocker” to the company’s transformation strategy, City A.M. understands. The group’s …
Ryman: Losses widen at retailer owned by former Dragons’ Den star Theo Paphitis
Losses widened at Ryman, the stationery retailer owned by former Dragons’ Den star Theo Paphitis, despite an increase in sales. In its delayed accounts, the Cheshire-headquartered group posted pre-tax losses …
Olympic champions to receive prize money for first time at Paris 2024 Games
Olympic champions will receive prize money for the first time this year after World Athletics announced gold medallists at the Paris 2024 Games would be paid $50,000 (£39,400) each. Athletics …
The new Rolex models released at Watches and Wonders
Tuesday marked the start of the biggest week of the year for the watch industry as Watches & Wonders began. Rolex is undoubtedly the crown jewel of the show each …
Hipgnosis boss calls for better copyright protection and pay for struggling musicians
The boss of Hipgnosis Songs Fund has contributed to a report in which MPs have called for better support and copyright protection for struggling music artists. The Culture, Media and …
Former Rolls-Royce boss Warren East appointed Chair of UK’s air traffic control service
The UK’s National Air Traffic Service (NATS) has appointed the former boss of Rolls-Royce as chair as it looks to rebuild confidence after last August’s air traffic meltdown. Warren East …
Attacks on retail shop workers to become separate criminal offence
Assaulting a shop worker will become a separate criminal offence in England and Wales following a recent wave in retail crime. Government said it will introduce the new offence in …
Comments from ex-chief send the Shell share price to an all-time high
The Shell share price hit another all-time high this week as the company continued its positive run. The firm, already the largest by market capitalisation on the London Stock Exchange, …