Saudi Aramco’s profits surge by 82% for first three months of year, as energy giant capitalises on soaring crude oil prices By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 May 2022 | Updated: 21:50 BST, 15 May 2022 Saudi Aramco’s profits surged by 82 per cent for the first three months of … Read more
Economists predict that inflation will jump to 9% this week as the cost of living continues to rise for households By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 May 2022 | Updated: 21:50 BST, 15 May 2022 Economists predict that inflation will jump to 9 per cent this week as the cost … Read more
Next and asset manager Davidson Kempner snap up boutique kids’ goods business JoJo Maman Bébé By Daily Mail City & Finance Reporter Published: 16:50 EDT, 17 April 2022 | Updated: 06:05 EDT, 18 April 2022 Next has snapped up boutique kids’ goods business JoJo Maman Bébé, marking its latest expansion. The retailer has a record … Read more
Investors in Cineworld urged to vote against pay policy after handing ‘extreme’ package to bosses despite receiving state aid By Luke Barr, Financial Mail On Sunday Published: 16:50 EDT, 16 April 2022 | Updated: 10:38 EDT, 17 April 2022 Investors in Cineworld have been urged to vote against its pay policy after handing an ‘extreme’ … Read more
Budget airline Wizz Air boosts cabin crew wages and changes salary structure amid battle for staff in aviation By Luke Barr, Financial Mail On Sunday Published: 16:50 EDT, 16 April 2022 | Updated: 10:38 EDT, 17 April 2022 Budget airline Wizz Air has boosted cabin crew wages and changed its salary structure amid the battle … Read more
Elon Musk yesterday pounced on Twitter with a £31.4billion bid to take the social media giant off the stock market. The Tesla tycoon’s offer of $54.20 a share comes just days after he rejected an invitation to join the company’s board. The bid represents a 38 per cent premium to Twitter’s closing price on April … Read more
Sunak’s wife lands £6m payout from tech firm that continued to operate in Russia during the Ukraine war By Calum Muirhead For The Daily Mail Published: 17:06 EDT, 13 April 2022 | Updated: 17:30 EDT, 13 April 2022 Rishi Sunak’s wife is in line to receive another £6million windfall from her stake in an Indian … Read more
Morrisons is being weighed down by huge debt-fuelled private equity deal, top credit rating agency warns By Archie Mitchell For The Daily Mail Published: 16:50 EDT, 11 April 2022 | Updated: 04:57 EDT, 12 April 2022 Morrisons is struggling under the weight of debt from its private equity takeover, a credit rating agency has warned. … Read more
Zopa Bank achieves profitability within 21 months of receiving its full banking licence with a potential IPO on the cards later in the year Zopa Bank was only granted a full banking licence in the summer of 2020 Before its move into banking, the group helped pioneer peer-to-peer lending A recent £220m fundraising round enabled … Read more
Estate agency group Belvoir rakes in record revenues thanks to soaring demand for rentals from students and office workers returning to cities Revenues soared 37% to a record £29.6m; pre-tax profit up 38% to £9.3m Lettings market ‘strong’ , helped by ‘a return of young people to UK cities’ Acquisition of Nicholas Humphreys helped firm … Read more