Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent
Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.
Liontrust continues to struggle with investor outflows despite positive fund returns
Investors continued to pull money from Liontrust’s funds in the first quarter of 2024. In a trading update issued this morning, the asset manager said it had recorded £1.2bn in outflows during the
AIM: Another firm bails out of listed status due to £250,000 admin costs
Scirocco, an AIM-listed operation, will delist due to high admin costs and what it describes as limited flexibility on the public markets
OKX launches its Base rival “X Layer”
Last cycle, all eyes were on the centralised exchange Binance. Law enforcement agencies had yet to launch any attacks and its founder, Changpeng Zhao, was also still at the helm. But, even after its b
Taylor Swift fans lose £1m to ticket scams, Lloyds finds amid ‘urgent warning’
Lloyds Bank has issued an "urgent warning" to customers over a wave of ticket scams targeted at Taylor Swift fans, which it estimated has already cost Brits £1m.
Starmer’s most exciting policy may not be the one that garners any votes
While Labour's devolution plans alone won't pull in the votes, giving the public a bit more of a say over what happens in their neighbourhoods can only be a good thing, Jessica Frank-Keyes writes
Listed company TClarke behind Theatreland’s stage lights to go private
TClarke, the London-headquartered firm which powered the world’s first electrically lit building - the Savoy Theatre - is to head into private hands.
Exclusive: Business backs Labour, new polling of UK bosses says
UK firms have backed Labour with a 14-point lead over the Conservatives on the question of which party is best for business.
Labour must fund regulators or UK fintech could ‘falter’, Tony Blair’s think tank warns
A potential future Labour government must pump more cash into financial regulators or else the UK's fintech sector could decline, Tony Blair’s think tank has warned.
UK failing to fight ‘dirty money epidemic’ costing £350bn a year, MPs warn
The UK is “utterly failing” to fight the “dirty money epidemic” that is costing £350bn a year, MPs have warned.