Investment trusts dropping like flies as mergers hit all-time high
The total number of investment trust mergers has already hit an all-time high this year, with six acquisitions going ahead in 2024
Deutsche Bank starts cutting jobs at Numis after merger
Deutsche Bank has started cutting jobs at Numis after the German giant acquired the City-based investment bank for £410m last October.
Law firm Burges Salmon secures £16m Post Office contract for Horizon IT Inquiry
Law firm Burges Salmon has secured another legal services contract with the Post Office over advice for the ongoing Horizon IT hearing.
Sun, sea and a 20% flat tax: How Portugal is trying to attract smart foreigners
Portugal's centre right minority government will bring back a tax break for high-skilled foreigners as the country aims to stimulate growth by attracting the international elite to its shores.
Sir Jim Ratcliffe: Ineos boss bins electric vehicle plans amid ‘reluctant’ demand
Production of the Ineos Fusilier SUV in both pure electric and plug-in hybrid was forecast to begin in 2027, via Ratcliffe's Ineos Automotive business.
Barclays to sell German consumer finance business in latest European disposal
Barclays has struck a deal to sell its German consumer finance unit to Vienna-based financial group Bawag as the FTSE 100 lender tries to streamline its operations in continental Europe.
UK funds receive record inflows in first six months of 2024
The first six months of the year saw UK investors bet big on markets and make record deposits into equity funds, with £1.7bn added in June.
Over one million new cars registered in 2024 in post-pandemic record
Data from the SMMT revealed the new car market grew 1.1 per cent in June as 179,263 vehicles rolled off factory lines.
Assura boss warns of ‘severe’ pressures on health infrastructure alongside solid results
The UK's healthcare crisis is getting more severe and putting unprecedented press on the sector's infrastructure, the CEO of health property investor Assura warned alongside its first quarter results.
Smith & Nephew shares jump after activist investor Cevian takes stake
The FTSE 100 firm's stock price rose as much as seven per cent in early trading, with Cevian taking a shareholding of just over five per cent.