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Evening Standard
Shares in Manchester United and Fevertree hit performance for City fund star Nick Train
Bad bets on Manchester United, Fevertree and Hargreaves Lansdown shares are increasing the pressure on star City fund manager Nick Train, who today reported tumbling returns at his Finsbury Growth and Income Trust.FGIT looks after the savings of many thousands of small investors who over time have seen strong returns thanks to Train’s stock picking …
Business
Evening Standard
How can I travel for my Christmas getaway?
The Christmas getaway will be disrupted by thousands of workers going on strike.Here the PA news agency looks at how travel over the festive period will be affected by industrial action.– TrainsThousands of members of the Rail, Maritime and Transport union (RMT) are going on strike.Workers at Network Rail and train companies will walkout on …
Business
Business Live
Revealed: I Saw It First was bought for £1 by Mike Ashley’s Frasers Group and owed £13m to shareholders
I Saw It First was bought for £1 by Mike Ashley’s Frasers Group and owed £13m to its shareholders, it has been revealed. The deal for the Manchester fashion brand, which has been worn by the likes of Love Island contestants and influencers such as Molly-Mae Hague, was first announced in July. However, at the …
Business
Business Live
New On The Beach chief executive named to succeed founder
A new chief executive of On The Beach has been named after it was announced that its founder is to step down. Chief financial office Shaun Morton will succeed Simon Cooper when he leaves the role “within the next 12 months”. The Manchester-headquartered company said the timing of Mr Morton’s appointment as CEO will depend …
Business
Business Live
In The Style considers sale as founder returns as CEO
In The Style has put itself up for sale as its founder returns as chief executive. The Salford-headquartered online fashion brand has confirmed Sam Perkins will step down at the end of the year and be succeeded on an interim basis by Adam Frisby. Mr Perkins had taken over as CEO from Mr Frisby, who …
Business
Evening Standard
Frasers Group sales and profits lift after acquisitions boost
Sports Direct parent firm Frasers Group has revealed a jump in sales and profits for the past six months after it was boosted by acquisitions, including the takeovers of Missguided and Studio Retail.Bosses said they believe there will be more takeover opportunities for the company over the next year as economic pressures bite for many …
Business
Sky News
Biggest fraud case in German history takes place in underground bomb-proof court
Germany’s biggest fraud case gets underway as the former executives of payments company Wirecard stand trial after a scandal that rocked the German establishment. In a new, bomb-proof court built 5m (16ft) underground to try terror suspects, CEO Markus Braun will appear. He, and two other Wirecard managers, Oliver Bellenhaus and Stephan von Erffa, stand …
Press Release
Pressat
Armadillo awarded a place on the Global RegTech100 listing for 2023
8th December 2022Armadillo awarded a place on the Global RegTech100 listing for 2023Armadillo is pleased to announce that they are on the prestigious Global RegTech100 list for 2023. This is the third year running the company has been awarded a place and the company is one of 12 specially featured, also for the third year …
Business
Evening Standard
Hiring slows as workers hesitant to switch jobs amid worsening economy
Fewer foreign workers, labour shortages, and people being more hesitant to take up new jobs amid heightened economic uncertainty has led to sharp drops in the number of workers available for recruiting firms, according to a new report.The number of people placed into permanent jobs by recruitment agencies fell for the second consecutive month in …
Business
Evening Standard
Unions call for ‘meaningful’ Government talks amid wave of strikes
Unions are calling on the Government to engage in “meaningful” pay talks amid the wave of strikes sweeping the country.Border Force staff became the latest workers to announce industrial action over the Christmas period, with nurses, paramedics and postal workers among those already going on strike in the coming weeks.The RMT union said resolution to …
Business
Sky News
Labour promises to make UK the ‘start-up hub of the world’ in pitch to business leaders
Labour will promise to make the UK “the high growth start-up hub of the world” as it hosts 350 business leaders in Canary Wharf.High-profile figures, including the chair of Tesco and CEO of HSBC, will attend the London event on Thursday to hear a pitch from the party’s leader Sir Keir Starmer and shadow chancellor …
Business
Sky News
The small pipeline playing an oversized role in the energy crisis
The chances are you haven’t heard of the BBL pipeline. It’s a 235km steel tube which runs under the North Sea between Balgzand in the northern tip of the Netherlands and Bacton in Great Britain. It’s one of those bits of innocuous infrastructure which, most of the time, no-one except energy analysts pay all that …

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