Abrdn shares plunge as growth at Interactive Investor fails to offset bad news
Abrdn’s share price fell by more than seven per cent upon market open this morning after the company published its third quarter numbers. Investors pulled billions from Abrdn’s funds in the last q
The Capitalist: Paddington Bear’s politics, buildings with phallic names and RIP the pumpkin spice latte
Corporate echo chambers, controversial buildings with phallic names, Paddington Bear’s true political persuasions and the end of the pumpkin spice latte? Catch up on the latest City gossip in this w
How American Express UK is looking to crack Gen Z
American Express’s UK boss, Hannah Lewis, sits down with City AM to talk breaking into a younger markets and shaking up its image. “Do you take Amex?” It’s a question that has slipped so far
Dunelm: Consumer demand for sofas boosts group
Dunelm, the UK’s leading homewares retailer, has reported an uptick in revenue for the 13-week period ending 28 September as consumers continued to spend money on home updates. The company reported
Frasers wants to make Mike Ashley chief of Boohoo after ‘mismanagement and value destruction’
Frasers Group wants to appoint its boss Mike Ashley as the chief executive of fast fashion brand Boohoo, citing “long-term mismanagement” which has led to “value destruction“. The Mike Ashley-
Pensionbee maintains positive earnings as fintech raises cash for US growth
PensionBee sustained positive adjusted earnings last quarter while the online retirement savings provider raised £20m for US expansion.
Bunzl: FTSE 100 giant gears up for more dealmaking and share buybacks
Bunzl said it was gearing up for another spate of dealmaking today as it bought back another tranche of its shares and reported a boost in earnings over the summer. In a trading update for the period