Inside the collapse of star manager Neil Woodford’s fund
The FCA has pointed the finger at Neil Woodford and Link Fund Solutions for the collapse of the Woodford Equity Income fund.
Eurocamp braces for major expansion
A European holidays company has said 2024 could be the most significant in its 50-year history as it transforms its operations.
Top UK law firms borrowing more as lawyers struggle to get clients to cough up
The total debt at the UK’s top 50 law firms has hit £5.4bn, as the tougher economy sees firms struggle getting clients to pay their bills. According to data shared exclusively with City A.M. by acc
Lenders expect higher default rates on mortgages and credit cards in coming months
British lenders are seeing increasing demand for mortgages and credit card lending but higher default rates, according to an official survey, as households and businesses struggle with elevated borrow
FCA takes action against disgraced stock picker Neil Woodford for ‘defective understanding of responsibilities’
Former manager of the Woodford Equity Income fund, Neil Woodford, has been slammed by the FCA for his actions running the fund.
‘Scarcity of high-quality space’ drives activity for West End London landlord GPE
One of central London’s biggest listed landlords said a “scarcity of high quality space” helped drive leasing activity in the year to the end of March.
Darktrace rises on revenue growth and improved forecast
Darktrace added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.
Amazon opens £600m robot lab to speed up deliveries and improve efficiency
Amazon has been busy developing a fleet of robots such as the Universal Robotic Labeller (URL) to help its staffers sort and pack products.
Poundland owner Pepco brings in Vision Express boss as new chief amid ‘challenging’ environment
Pepco Group, the owner of the Poundland brand in the UK, has appointed a new chief executive.
This week in Boeing: Fresh whistleblower allegations, March delivery slowdown and another flight incident
Boeing is facing another turbulent week as it grapples with several more troubling developments in the space of a few days.