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News

  • May 22, 2024

US Solar Fund survives vote to kill trust

In the trust's annual general meeting yesterday, 35.4 per cent of investors voted for it to wrap up.

  • May 22, 2024

ITV agrees multi-million pound investment into Purplebricks’ reinvention

ITV is set to invest more than £4m into online estate agency Purplebricks, the first major investment in the ailing brand since it was acquired in 2023 by rival Strike.

  • May 22, 2024

Jefferies and Investec poach top investment bankers from Citi

Wall Street giant Jefferies and South African group Investec have poached two top investment bankers from rival Citigroup to bolster their UK operations.

  • May 22, 2024

Jammie Dodgers, Wagon Wheels and Party Rings maker cuts losses

The group behind brands such as Jammie Dodgers, Wagon Wheels and Party Rings cut its losses as its revenue neared £600m.

  • May 22, 2024

Marks and Spencer shares surge to the top of the FTSE 100 as it smashes analyst expectations

Marks and Spencer has beaten analysts' expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the high street darling's turnaroun

  • May 22, 2024

Sir David Clementi: King’s Cross chief ends 16-year stint before Google move-in

City grandee and former BBC chair Sir David Clementi will step down as head of King's Cross Central, marking the end of a 16 year stint at the company.

  • May 21, 2024

Nvidia's Q1 Earnings: Record Results Driven by AI Chip Dominance?

Will NVIDIA’s Q1 earnings report propel the stock to another all-time high or even reach a four-digit price tag for the first time?

  • May 21, 2024

British Pound Holds Near Two-Month Peaks Vs USD As Attention Grabbing CPI Looms

Sterling may not move far until Tuesday, when some weakness in domestic inflation is expected to be seen

  • May 21, 2024

Tata Steel: Labour demands urgent support for workers facing redundancies

Labour is calling for the government to take urgent action to cover thousands of workers facing redundancy at the country’s biggest steel plant.

  • May 21, 2024

Reports of the 60/40 portfolio’s death are greatly exaggerated

Active managers in the 60/40 space are still overwhelmingly failing to beat an index that simply tracks the market, Fundhouse has found.

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