Morrisons' turnaround strategy seems to be yielding results as the UK's fifth-largest grocer reported its strongest quarterly sales growth since the £7 billion takeover in 2021. Under the leadership of Rami Baitiéh, who assumed the role of chief...
Almost half of the British public believe high-net-worth individuals have a duty to donate to charity, according to new research unveiled at the third Giving and Impact Summit, where more than 140 philanthropists, wealth advisers, business leaders...
A former Royal Air Force fighter pilot who once flew Tornado jets at supersonic speeds is now navigating a different kind of high-pressure environment: the financial markets.Neeraj Kapur, 60, chief executive of CAB Payments, is leading a turnaround...
Morrisons' turnaround strategy seems to be yielding results as the UK's fifth-largest grocer reported its strongest quarterly sales growth since the £7 billion takeover in 2021. Under the leadership of Rami Baitiéh, who assumed the role of chief...
Centrica's CEO, Chris O'Shea, saw a significant increase in his annual pay, rising by nearly £4 million to £8.2 million in 2023.
Thames Water has mobilised a team of City experts to lead urgent restructuring discussions this week amid concerns that its parent company could face collapse by month's end.
The Bank of England has issued its most severe caution yet regarding the risk to financial stability emanating from the $8 trillion private equity market. Amidst rising interest rates, both buyout firms and their affiliated companies are facing...
As part of Chancellor Jeremy Hunt's spring budget, small businesses are set to benefit from various incentives taking effect from April 1. Among these measures, the VAT registration threshold has been raised to £90,000 from £85,000, resulting...
The government-set minimum wage, referred to as the National Living Wage, is experiencing its first increase of over £1, benefiting 2.7 million low-paid workers. The primary wage rate is escalating from £10.42 to £11.44 per hour and will be...
From April 1, the average household water and sewerage bill in England and Wales will see a 6 per cent increase, as confirmed by the water industry.
If a legal claim against Jaguar Land Rover is successful, around 500,000 drivers and motorists associated with the luxury car brand might be entitled to compensation payouts, potentially reaching up to £16,000.
A new state fund, the "Growth Fund," is set to be launched within the next 18 months, investing hundreds of millions of pounds from pension fund assets into British growth companies.
Bank of Scotland, a part of Lloyds Banking Group, has reached an out-of-court settlement with a law firm representing 160 current and former customers in a case involving "unfair" mortgages.