Shipping firm Clarkson’s has reported an all-time high profit watermark as hostile actions against Western carriers in the Red Sea continue. The London-listed firm today reported a record underlying profit …
Retirement Planning
Siemens to invest £100m and secure over 800 jobs
Siemens is to invest £100m in a “centre of manufacturing excellence” in Wiltshire. The new facility will replace the company’s current Chippenham factory, which has provided parts and signalling systems …
Globaldata posts uptick in profits, hails ‘milestone’ £1.2bn healthcare valuation
International data and analytics firm Globaldata has reported an uptick in annual profits as it benefitted from the global rush to big data analytics. The firm posted a pretax profit …
Spring Budget 2024: £360m research package to boost British manufacturing
The Spring Budget will include a £360m funding package to boost British manufacturing, research and development, including electric vehicles and pharmaceuticals. Jeremy Hunt has confirmed his fiscal event on Wednesday …
The hidden infrastructure holding back the housing market
Politicians of all stripes are promising to help more people onto the housing ladder, but behind the headline-grabbing policies, the elephant in the room is whether the mortgage and conveyancing …
Who owns Ferrari? Who is the team principal? What is their value?
Who are the current owners of Ferrari? Luxury Italian car manufacturer Ferrari owns the Formula 1 team Scuderia Ferrari. Ferrari is co-owned by Dutch holding company Exor, which is majority-owned …
Chris Packham to bring judicial review of government’s net zero rollback
Chris Packham has been granted permission for a judicial review of the government’s decision to reverse some of its green policies. The naturalist and TV presenter sent a challenge to …
H2O Asset Management suffers fresh auditing blow: How did it end up here?
Beleaguered French investment firm H2O Asset Management has suffered a fresh blow after its auditors warned that the firm’s accounts “do not give a true and fair view” of its …
Lord Sugar buys back Amstrad brand name for new marketing agency led by grandson
Lord Alan Sugar has bought back the rights to the name Amstrad, 17 years after selling it to Sky, for a new digital marketing firm led by his grandson. The …
Spring Budget 2024: City tells Hunt to axe the share tax
Leading City figures have called on the Chancellor to scrap the stamp duty on buying shares in a bid to boost London’s capital markets and support growth. With concerns growing …