Activist investor Saba Capital has taken short positions against some key UK companies, including beloved Harry Potter publisher Bloomsbury, despite previously claiming to be the “white knight of th
Luxury stocks have started to outperform high streets brands once again as investors bet on a luxury upswing. Brands which struggled last year – like Burberry and Kering – are bouncing back, while
Hays has reported another drop in profit as it struggles amid a long-running in the recruitment sector. Group net fees, a key performance indicator in the recruitment sector, dropped 13 per cent in th
Lloyds Banking Group’s profit has taken a hit after the firm set aside additional funds for potential motor finance payouts. The FTSE 100 lender’s pre-tax profit was down 20 per cent at £6bn, com
British gas owner Centrica has hiked its dividend and promised further buybacks as full-year earnings beat consensus forecasts. The FTSE 100 energy firm reported earnings before interest, taxation, de
AEG's Paul Samuels helped made the Millennium Dome into the O2. He tells us about how his career has shaped up since.
My favourite explanation as to why UK pension funds have shrunk their investments in UK equities from around 50 per cent in the 1990s to a paltry 3 per cent today was offered to me recently by one of
A third of small businesses expect to cut jobs in the near future due to fears that the government’s upcoming workers’ rights package will leave them facing painful tribunals and a higher sick pay
Consumer confidence has dipped again in the UK, with Brits’ outlook on the state of the economy dropping for the fifth month in a row. Public expectations for the economy over the next three months
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles name and shame at the FCA, a gamble at Entain and a business g