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News

  • August 29, 2024

Pernod Ricard’s Russia exit leads to sales fall for Scotch whisky maker Chivas Brothers

Pernod Ricard stopping all exports of its international brands to Russia led to a fall in sales for Scotch whisky maker Chivas Brothers during its latest financial year. The Scotland-headquartered com

  • August 29, 2024

Future of Rosebank in doubt as UK drops challenge to judicial review

The future of Britain’s largest untapped oil field, Rosebank, has been thrown in to doubt after the new government said it would not challenge a judicial review. The decision affects the field which

  • August 29, 2024

Gopuff to increase fees as it hopes to deliver first UK profit after cutting almost 1,000 jobs

Delivery company Gopuff is to up its fees as it targets turning its first-ever UK profit in the coming years after shedding almost 1,000 jobs in 2023. The US-headquartered company reduced its UK headc

  • August 29, 2024

Octopus Group founder: Financial services is still the least trusted industry in the world

Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services, tech and fintech. This week, it's Octopus Group co-founder and CEO Simon Rogerson

  • August 29, 2024

HSBC reveals senior management shake-up under new boss

HSBC has announced the departure of three top executives as part of sweeping changes to the bank's management ahead of its new chief executive taking over next week.

  • August 29, 2024

Frenkel Topping warns of lower earnings in second half

Frenkel Topping, the specialist professional services firm, has reported a rise in revenue in the first half of the year but warned that earnings are trading behind management’s expectations. In t

  • August 29, 2024

Bupa launches ‘Netflix style’ private GP subscription service

British health insurance provider Bupa has launched a new subscription-based GP service as the healthcare industry increasingly shifts towards on-demand services. For under £20 a month, subscribers g

  • August 29, 2024

Close Brothers shares jump as RBC sees ‘a number of potential catalysts’

Shares in Close Brothers jumped on Thursday after RBC upgraded its recommendation on the lender's stock, which has been dragged down by its exposure to a City watchdog review into unfair car loans.

  • August 29, 2024

Essensys shares shoot up as flexible workspace software provider beats estimates

Shares in software platform essensys climbed as much as 20 per cent on Thursday morning after it said it expected to report revenue, earnings and cash flow ahead of market expectations in its full yea

  • August 29, 2024

Nvidia shares slump despite company’s record-breaking revenue

Nvidia shares are down over eight per cent in after hours trading even after it smashed its forecasts and posted record revenue. Revenue for the second quarter hit a new record of $30bn (£22.7bn), up

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