��Ƶ

London

07:51, 3 JUL 2025

All companies involved in four-day week trial decide to keep it

The latest pilot was launched last November and has been hailed a success

Bookmark

British banks axe huge number of workers in bid to modernise and compete with challengers

Total employee numbers at ��Ƶ lenders fell by 5.25 per cent to 580,371 over the year, the largest drop since 2018, as the industry continues to grapple with the digital revolution

Bookmark

Pisces private stock market: Revolut, Octopus and Oaknorth eye trading platform

The London Stock Exchange Group has hosted a private conference for ��Ƶ businesses interested in joining the new Pisces private stock market, City AM can reveal

Bookmark

Aviva's £3.7 billion acquisition of Direct Line gets green light from ��Ƶ watchdog

The £3.7bn takeover will not be subject to a phase-two investigation, the Competition and Markets Authority (CMA) said on Tuesday, after a preliminary probe to assess whether a combination between the two would reduce competition in the ��Ƶ insurance market.

Bookmark

Gousto has 'never been in better shape' after cutting losses by over £50m

The company said its financial goals were set to match the "challenging economic conditions which pervaded throughout 2024" and focused on profit and cash generation.

Bookmark

Standard Chartered hit with $2.7bn lawsuit over '1MDB fraud'

Standard Chartered has been hit with a $2.7bn lawsuit over accusations it helped move and hide billions that were stolen from Malaysia's 1MDB fund

Bookmark

M&S launches sweet strawberry sandwich but it could face the same fate as Jaffa Cakes

The strawberry and cream sandwich has been all over social media as shoppers race to taste the sweet sandwiches - but it has also raised the question of VAT

Bookmark

Keith Williams appointed as new chair of Serco amid surge in defence and immigration spending

The Halfords chair will take over from John Rishton, who will have completed a nine-year tenure by the time he steps down in December.

Bookmark

Job cuts at The Ivy as billionaire owner Richard Caring nears £1bn sale

The Ivy owner's latest set of accounts show the restaurant group cut more than 100 roles in its latest financial year despite a rise in revenue, new accounts filed with Companies House show

Bookmark

FTSE 100 defence giant Babcock hails 'new era' as profits surge by 50%

The FTSE 100 company - which plays a significant role in supporting the ��Ƶ's nuclear submarine program - recorded an 11 per cent increase in revenue to £4.8bn

Bookmark

Cafe Rouge and Bella Italia owner slashes losses after major job cuts

The Big Table cut its headcount from 4,236 to 3,531 in the 12 months to 27 October, 2024, new accounts filed with Companies House show. Over the same period, the group's pre-tax loss was slashed from £13.8m to £4.4m.

Bookmark

Cavendish shares jump to eye year high after rejecting deals unit takeover

The financial services firm said there had been no further discussions on the matter

Bookmark

Saga's share price surges after announcing banking partnership with Natwest

Saga said it was in the "final stages" of talks with Natwest, with whom it already has a partnership with, after agreeing the "heads of terms" of the tie-up

Bookmark

Zopa challenges high street banks with new account offering £256 cashback and interest

The digital banking app has launched "Biscuit," which will allow customers to earn £256 in cashback and interest each year

Bookmark

Theatre which hosts Harry Potter and the Cursed Child posts record profits

Nimax Theatres has posted a pre-tax profit of £10m for the 12 months to 29 September, 2024, new accounts filed with Companies House have revealed.

Bookmark

Selfridges to sell rare vintage F1 clothing and watches in new in-store pop-up

Selfridges' Corner Shop will play host to F1 75 Years in Motion - a pop-up shop celebrating 75 years of Formula 1 - with a range of rare, vintage clothing and watches

Bookmark

HSBC's return-to-office plans could derail boss' cost-cutting agenda

HSBC is reportedly weighing up a return-to-office mandate for its workers, forcing them back into the office for at least three days a week, but the move could prove costly

Bookmark

BP in talks to appoint new chairman as energy giant faces shareholder pressure

Sam Laidlaw, the ex-boss of British Gas owner Centrica, is in talks to be the next chairman of BP, as the energy giant faces pressure from shareholders

Bookmark

Revolut boss could net multibillion-dollar payout at $150bn valuation

Nik Storonsky, who founded Revolut in 2015, has an incentive deal which would increase his stake in the London-based fintech by several percentage points if the valuation more than triples its current level.

Bookmark

Spectris agrees to £3.8bn takeover by Advent but KKR mulls rival bid

The FTSE 250 engineering group has agreed a 3.8 billion pound takeover by US private equity Advent, but KKR has confirmed it is in the "advanced stages of due diligence" and is considering a rival bid

Bookmark

Louis Vuitton ��Ƶ sales slashed by almost £90m as luxury spending slows down

The fashion powerhouse has reported sales of £488.2m for its latest financial year, down from the £575.2m it achieved in 2023.

Bookmark

Hays slashes profit forecast amid tough ��Ƶ recruitment market, shares plunge 13%

The FTSE 250-listed group warned trading conditions were 'challenging'

Bookmark

Bank of England 'unlikely' to cut interest rates as inflation pressure grows

The Monetary Policy Committee is expected to vote to hold rates as surging oil prices push up the cost of living

Bookmark

Legal & General to expand US and private market operations amid global asset management shift

The FTSE 100 insurer has set out its growth plans for the asset management arm, which has £1.1 trillion in assets under management

Bookmark

1
2
3
4
5

You can find this story in My Bookmarks.Or by navigating to the user icon in the top right.