Private equity bosses have avoided paying income tax on a trillion dollars of gains
“All the governments are talking about taxing carried interests. So my role is to provide the best estimate of the number,” Phalippou told the Financial Times.
Pinewood Studios: Home of James Bond ’emerging with vigour’ from strikes
The boss behind iconic film studio Pinewood said it is "emerging with vigour" from its latest financial year which was dominated by industry unrest.
St James’s Place calls in new finance chief from UBS as turnaround effort continues
Embattled wealth manager St James’s Place has called in a new finance chief today from investment bank UBS as it continues efforts to steady the ship following a torrid year in which nearly £3bn ha
Halma: Record profit for safety equipment maker as sales pass £2bn
British health and safety device maker Halma achieved a record profit again during its latest financial year as sales hit £2bn for the first time in its history.
David Beckham-backed Guild gains entry into Esports World Cup Club
Guild, Esports, a gaming company co-owned by David Beckham has confirmed its entry into a number of competitive gaming competitions.
Motorpoint has the ‘most difficult year in its history’ amid shortage of used cars
One of the largest used car supermarkets in the UK, Motorpoint, had "the most difficult year" in its history as people buy fewer cars for cheaper, compounded by an industry-wide shortage of pre-owned
Peel Hunt losses double but bosses predict rebound in London listing market
Losses at investment bank Peel Hunt more than doubled last year despite the bank predicting the first signs of a “recovery” in London’s IPO market.
Virgin Money warns of margin and cost pressures as Nationwide merger looms
Virgin Money has posted a rise in profit but warned of margin pressure and limited cost savings, as it gears up for a mega-merger with Nationwide.
Pensionbee announces major milestones on path to expansion
In a stock exchange announcement revealing the milestone, the online pensions provider also said that it had reached over 250,000 invested customers in June.
Banks struggle on compliance with staff Whatsapp bans as regulators dish out heavy fines
Investment banks are increasingly struggling to get workers to comply with bans on using Whatsapp for business communication, a new survey suggests, after a slew of heavy regulatory penalties.