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News

  • April 15, 2024

Ceres Power’s revenue bounces back after a rocky few years

Revenue for the fuel cell and hydrogen technology specialist increased from £19.8m to £22.3m, while gross profit jumped from £10.7m to £13.6m, the company's 2023 results revealed.

  • April 15, 2024

Audioboom: Podcast giant posts full-year loss as it looks to ad business for rescue

Audioboom advertisers were up 47 per cent however, with 7,727 brands using the platform to promote products and services.

  • April 15, 2024

Mitie Group forecasts record revenue and launches buyback as profit set to spike

Outsourcing company Mitie Group has reported record revenue of £4.5bn, an 11 per cent increase from the previous year.

  • April 15, 2024

Inchcape to sell its UK retail operations for £346m

Inchcape's UK retail operation employs 3,600 people and sells vehicles from 80 sites.

  • April 15, 2024

Pagegroup: Recruiter cuts headcount as hiring slump spurs profit slide

The FTSE 250 firm said the figure dropped by 12.8 per cent to £219m. Its fee earner headcount was also down by 100 on last year's figures to 5,751.

  • April 15, 2024

The Sandbox: Building a Tech Friendly Regime for a Growing Crypto Industry

On April 3rd, the Bank of England and FCA jointly published a consultation which marked the next step in opening a Digital Securities Sandbox (DSS) in the UK. The DSS is key to supporting responsible

  • April 15, 2024

FTSE 100 firms braced for battle on executive pay as proxy advisers push back

FTSE 100 firms are braced for a bruising few weeks as the battle with proxy advisors over executive pay in the City continues, with both LSEG and Smith & Nephew facing possible shareholder rebellions

  • April 15, 2024

Meet the fund managers: Matching multi-asset to macroeconomic shifts

This week on Meet the Fund Managers, we’re hearing from Bhavin Shah, lead manager on the multi-asset BNY Mellon FutureLegacy range.

  • April 15, 2024

Fintech boards lack AI skills needed to drive future growth, survey finds

Company boards of the UK’s top fintechs lack the necessary skills and experience in artificial intelligence, a new survey has suggested, which could hold back future growth for these firms.

  • April 15, 2024

Revolut and Monzo say scrap stamp duty as top fintechs launch bid to boost stock market

Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock marke

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