CAB Payments posts slump in profit as currency shifts drag down earnings
Fintech CAB Payments has reported a slump in profit for first half of 2024 as currency shifts continued to weigh on its earnings.
Barratt: Profit halves at housebuilder but firm optimistic after Redrow deal
Housebuilder Barratt reported a halving in profit and drop in completions amid a challenging housing market, but has said it is optimistic about the future. Barratt said its total home completions in
Segro pounces on Tritax Eurobox with all-share £552m offer
The London-listed warehouse giant Segro has made an offer for its smaller peer, Tritax Eurobox. Sergo and Tritax Eurobox announced this morning they had reached an agreement on the terms of a recommen
M&G no longer the industry exception as investors pull £1.5bn
Investors in M&G pulled £1.5bn from the investment manager over the last six months, as the group finally fell foul to the mass withdrawals that have plagued the industry. The outflows from M&G came
Why home working might be damaging London’s economy
Londoners have been slower to return to the office after the pandemic than workers in many large cities around the world. This really matters, and not just for London.
AI and dating apps: a match made in heaven or hell?
Dating apps are unleashing AI to run our hopeless romantic pursuits. But could this push users away in the long run?
Non-dom policy change could lead to ‘exodus’ of wealthy investors, study finds
Planned changes to the non-dom tax regime could trigger a “mass exodus” of wealthy investors from the UK, costing the taxpayer around £1bn by the end of this parliamentary term, a new report has
Grenfell Tower fire: ‘Systematic dishonesty’ by construction firms, report reveals
The 72 deaths in the Grenfell Tower fire were avoidable, and the blaze was a result of “decades of failure” by government and the construction industry, a report into the disaster has concluded. S
Revolut to ‘aggressively’ double down on business accounts after surge in revenue
The head of Revolut's business-to-business offering has said it is "aggressively doubling down" on the market, after the unit's global revenues exceeded $500m (£380m) this summer.
Pinewood Technologies strikes deal with AI firm to bolster US expansion
Pinewood Technologies, formerly known as Pendragon, has entered into an advanced subscription agreement with Seez, known for its automotive AI tech, it announced today. Under the terms of the agreeme