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
Investment platform AJ Bell adds the Aquis Stock Exchange to its offering – What does this mean for investors? AQSE is one of three divisions of cash equities exchange firm Aquis Exchange About 90 stocks are listed on AQSE, representing 18 industries such as energy Newbury Racecourse and a Victorian hotel in Eastbourne are also … Read more
Firms that prospered in the pandemic should pay more tax to fund those who still need support, says the IMF By Daily Mail City & Finance Reporter Published: 21:51 BST, 7 April 2021 | Updated: 21:51 BST, 7 April 2021 High earners and companies that prospered during the pandemic should pay more tax to fund … Read more
VICTORIA BISCHOFF: It’s time for travel and events firms to start playing fair on refunds By Victoria Bischoff for the Daily Mail Published: 22:01 BST, 6 April 2021 | Updated: 22:51 BST, 6 April 2021 At the start of the first lockdown, we urged readers to be patient and not to chase refunds. Businesses had … Read more