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News

  • April 17, 2024

London Gatwick co-owner strikes £1.27bn deal for majority stake in Edinburgh Airport

A majority stake in Edinburgh Airport has been acquired by French infrastructure group Vinci for £1.27bn, it has been confirmed.

  • April 17, 2024

Semiconductor giant ASML says sales blip is ‘warning sign’ for chip-makers like Apple supplier TSMC and Intel

ASML designs and builds the systems and software used in the production of microchips, which are essential for data centres.

  • April 17, 2024

Equals: Payments fintech extends deadline for merger talks with MDP, Railsr and TowerBrook

Equals has again extended a deadline for formal takeover offers as the fintech payments group conducts a strategic review into its standalone prospects.

  • April 17, 2024

Aston Martin and Lamborghini supplier Surface Transforms sets out ‘worst case scenarios’

Surface Transforms, a supplier to the likes of Aston Martin and Lamborghini, has set out its growth expectations for the year after a shareholder requested it revealed its "worst case scenarios".

  • April 17, 2024

Severfield launches buyback as booming steel demand in UK and Europe powers record backlog

The acquisition of Voortman has helped the firm diversify from its home market in the UK, with 32 per cent of its order book now located in Europe.

  • April 17, 2024

Time Out to open in Budapest, Abu Dhabi and Vancouver in 2025 – but still no London market

To add to its existing seven food and drink markets, Time Out also has plans to open eight other sites in the next three years.

  • April 17, 2024

Saga cruises back to growth as over 50s return to the high seas

Saga's ocean cruising business roared back to life with underlying profit before tax hitting £35.5m, compared to an underlying loss after tax of £0.7m in the previous year.

  • April 17, 2024

Urban Logistics REIT boosts rental income after failed Abrdn trust bid

Real estate investment trust Urban Logistics has seen rents jump significantly across its properties, as the warehouse owner recovers from its failed M&A bid earlier this year.

  • April 17, 2024

Just Eat: Brits continue to scoff takeaways but other nations lose their appetite

Only Brits ordered more takeaway from Just Eat in the first three months of 2024, compared to the same period last year.

  • April 17, 2024

De La Rue: Struggling British banknote maker reassures market it’s on track to hit profit target

Last year, the company informed markets that demand for banknotes had slumped to the lowest level in 20 years.

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    FINANCIAL ACADEMY

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