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News

  • July 11, 2024

Max Mara nearly doubles UK profit as ‘extraordinary’ market challenges ease

The UK arm of luxury womenswear brand Max Mara has almost doubled its pre-tax profit despite what it described as a "highly uncertain" economic backdrop, newly-filed documents have revealed.

  • July 11, 2024

Amazon faces potential investigation as Prime Day nears

A watchdog has warned that it would "not hesitate" to launch a formal investigation into Amazon if concerns were raised that the US giant was not treating its suppliers fairly and lawfully.

  • July 11, 2024

Meet the man quietly building London’s next bit of vital infrastructure

Tim Creswick runs Vorboss, the company building the fibre network London businesses increasingly rely on

  • July 11, 2024

Asset manager Redwheel buys £1.1bn sustainable investor Ecofin

Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price.

  • July 11, 2024

Wealth manager takes legal action against fund house for ‘unacceptable performance’

Financial planning firm Tavistock and investment manager Titan have descended into a legal spat over the alleged poor performance of Titan's model portfolio service (MPS).

  • July 11, 2024

Mountain Equipment hit by export sales cut as profit more than halves

Profit at Mountain Equipment more than halved following a strong few years of growth as the brand saw a sharp decline in exports, according to newly-filed documents.

  • July 11, 2024

Heathrow Airport: Landing charge ruling spells trouble for UK’s biggest hub

The landing fee has been the subject of a bitter feud between Heathrow and airlines such as Virgin Atlantic in recent years.

  • July 11, 2024

PwC cuts Friday half-day perks for UK staff during the summer

PwC has issued a warning internally to its UK employees that it will be cutting Friday half-days perks while bonuses for some parts of the UK business will be reduced

  • July 11, 2024

Schroders chief: FCA must not ‘muddle’ consumer powers with City competitiveness

The boss of Schroders has called on the Financial Conduct Authority to more clearly separate its consumer protection powers from its duty to enhance the competitiveness of the City, as he issued a ral

  • July 11, 2024

Starmer and Reeves told to put capital markets at heart of economic strategy

The chief executives of challenger stock exchange Aquis and retail investment platform PrimaryBid have urged the new government to prioritise opening up UK markets to new capital as an engine for econ

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