Mike Ashley’s Frasers Group lowers stake in AO World
Mike Ashley's retail empire Frasers Group has lowered its stake in white goods giant AO World.
Group behind Sykes Holiday Cottages widens loss to almost £75m
The group that includes Sykes Holiday Cottages saw its pre-tax loss widen to almost £75m during its latest financial year, it has been revealed.
Hiscox shares soar as Lloyd’s of London insurer attracts foreign takeover interest
Shares in Hiscox surged as much as 14 per cent on Monday following news that two foreign rivals are considering takeover bids for the Lloyd’s of London insurer.
Fortress Capital is a Ponzi scheme, administrators claim amid attempt to bankrupt directors
Administrators of an investment firm that had been backed by celebrities and footballers have labelled it a Ponzi scheme, and will seek to bankrupt its two directors.
Investment trust industry urges Labour to win ‘early success’ on cost disclosure rules
The investment trust sector has called for the incoming Labour government to scrap "misleading" cost disclosure rules on the sector that it says are hampering its performance.
Downing Strategic Micro-Cap hits back at activist investor attempt to ‘thwart’ wind-down
Activist investor Milkwood Capital has been condemned by an investment trust it is targeting for an attempt to thwart its pursuit to shutter.
Ruchir Sharma on bailouts, inequality and making markets free again
A new book by Ruchir Sharma argues that a bigger state is exactly the wrong diagnosis for a government looking to boost growth.
British Land inks deal with King’s College London for new tech centre in Canada Water
AustralianSuper, which manages over £170bn in assets, has invested some £8bn into the UK since 2016, with holdings of around £2.5bn in UK listed equities, according to the Treasury.
Eurostar strike threat during Olympics averted
The Rail, Maritime and Transport (RMT) union said Eurostar had agreed to "significantly improve" payments for staff working over the Olympics.
Chancellor Rachel Reeves unveils planning reforms to ‘get Britain building again’
Chancellor Rachel Reeves has unveiled a raft of planning reforms in a bid to “get Britain building again” in her first major speech at the Treasury.