Formula one testing firm AB Dynamics has received a thumbs up from analysts after announcing a £24m deal to acquire a US company. The firm, which manufacturers robots and simulators …
Retirement Planning
Buy-to-let repossessions jump 56 per cent as higher interest rates bite
According to new data released by UK Finance, the buy-to-let market has been hammered by higher interest rates, with lending plummeting and arrears rising. The value of new buy-to-let lending …
Royal Mail modernisation plan: What changes is it proposing and how could they affect you?
Britain’s embattled postal service has called for urgent action to modernise its operations as it faces rapidly declining letter volumes and increased competition from niftier couriers. Royal Mail has proposed …
Chelsea manager Pochettino defends ‘great kid’ Gallagher over mascot row
Chelsea manager Mauricio Pochettino has defended Conor Gallagher after the England midfielder was accused of racism towards a young mascot. Gallagher has been targeted online after a clip circulated of …
Ryanair nixed almost 1,000 flights in March due to the Israel-Gaza war
Close to 1,000 Ryanair flights were cancelled in March as conflict in the Middle East continues to hit carriers. Ryanair operated 77,000 flights over the month but said it was …
Complaints over misselling of suitable financial advice skyrockets
The number of consumer complaints over the misselling of the suitability of financial advice being upheld by the Financial Ombudsman Service have skyrocketed over recent years. The number of complaints …
London Stock Exchange could be stripped of smaller firms by 2028, warns Peel Hunt
The London Stock Exchange could be stripped of smaller companies by 2028 if the pace of a current “feeding frenzy” continues, according to a top investment bank. In a note …
Pantheon Infrastructure delivers ‘impressive’ results despite share price reaching new low
Investment trust Pantheon Infrastructure delivered an “impressive” 10.4 per cent growth in net asset value, above the trust’s eight to 10 per cent yearly target The £491m trust’s annual results, …
Dr Martens urged to undergo strategic review or sell business
An activist investor in boot brand Dr Martens, has urged the company to undergo a strategic review and possibly even sell the company. New York based Marathon Partners Equity Management, …
Government debt sells off after Easter as higher-for-longer interest rate fears resurface
Bond yields have climbed rapidly this week as investors grow increasingly nervous about the prospect that interest rates might stay higher-for-longer in the US. Yields on the 10-year UK Gilt …