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News

  • July 8, 2024

Hit musical Hamilton smashes Edinburgh theatres’ box office records

The operator behind iconic Edinburgh venues including the Festival Theatre and King's Theatre, has continued its post-pandemic comeback as the musical Hamilton smashed the group's box office records.

  • July 8, 2024

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.

  • July 8, 2024

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.

  • July 8, 2024

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.

  • July 8, 2024

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.

  • July 8, 2024

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.

  • July 8, 2024

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.

  • July 8, 2024

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.

  • July 8, 2024

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.

  • July 8, 2024

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.

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