While shareholders own a company, it’s the executive team and board who hold the day-to-day power. They decide what dividends to pay, what strategy to follow and how to shape the company’s ethos. But for a brief window every year, shareholders are given the tools to gain control. Over the next few weeks, most UK-listed … Read more
Swedish checkout credit colossus Klarna is not just Europe’s most valuable start-up at an estimated $31billion, it’s a verb too. Rather than pay for something upfront using their debit card or put a big purchase on a credit card, increasing numbers of shoppers, especially younger ones, instead choose to ‘Klarna’ it. That can mean paying … Read more
Record number of firms on the brink in the first quarter of the year, under pandemic pressure By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 April 2021 | Updated: 21:51 BST, 21 April 2021 In the third lockdown, 93,000 firms’ finances weakened to the point of ‘significant financial distress’, according to Begbies … Read more
Can the developer that built my flat avoid a cladding repair bill now its company has been sold? Claims against a developer depend on age of the building with cladding issues If you bought new you may have a new build warranty that may cover cladding By Myra Butterworth For MailOnline Published: 10:25 BST, 21 … Read more
Pubs and bars raise a glass to the future: Two-thirds of hospitality firms are optimistic about the next year as the country comes out of lockdown UKHospitality found 65 per cent of businesses are optimistic about next year Experts have reported 114 per cent increase in drinks sales compared to 2019 Only 16 per cent … Read more
Mother-of-three British Gas engineer who starred in firm’s recruitment adverts is put through ‘hell’ and axed after refusing pay cut under ‘fire and rehire’ plan despite 12 years’ service Hundreds of British Gas engineers have lost their jobs after refusing new deal Holly Mailey, 33, worked for firm for 12 years and was part of … Read more
‘My profit has been wiped out by a £250,000 cost’: EU’s new export rules leave small British firms struggling Jerry Lawson of Frogbike said administration fees charged by each government to his customers had forced him to pause selling into Denmark, Spain and Poland He had to hire extra employees to cope with the added … Read more
Grant Shapps has ordered ‘profiteering’ private testing companies to slash the cost of laboratory-based PCR checks to make international travel more affordable as he said people can now ‘start to think’ about booking a summer holiday abroad. The Transport Secretary today set out more details of the Government’s new traffic light scheme which will see … Read more
I have read about two interesting UK companies listing on the US stock market recently via special purpose acquisition companies, also known as Spacs. If I wanted to invest in a company like online car seller Cazoo or electric vehicle maker Arrival, can I do that now it is listed on the US stock market. … Read more
Social media firms are failing to tackle anti-vaxxer myths despite promising a crackdown, experts claim Facebook, Twitter and Google pledged to tackle vaccine disinformation – and take down content more quickly – after pressure from Government last year Experts claim many anti-vaxxer accounts remain on the sites and are exploiting the latest questions over side … Read more