[ad_1] By DAILY MAIL CITY & FINANCE REPORTER Updated: 22:00, 2 June 2025 A former trade minister has been appointed as an adviser to the new owner of Royal Mail. Greg Hands, who lost his seat as a Conservative MP in last year’s election, will advise Daniel Kretinsky’s EP Group on business matters in the…
[ad_1] By EMILY HAWKINS Updated: 21:50, 30 May 2025 M&G has sold a 15 per cent stake to one of Japan’s biggest life insurers in a partnership deal. Shares in the financial group rallied yesterday after it announced that Dai-ichi Life is now its largest shareholder in a long-term tie-up. The deal is expected to…
[ad_1] By EMILY HAWKINS Updated: 16:50 EDT, 30 May 2025 M&G has sold a 15 per cent stake to one of Japan’s biggest life insurers in a partnership deal. Shares in the financial group rallied yesterday after it announced that Dai-ichi Life is now its largest shareholder in a long-term tie-up. The deal is expected…
[ad_1] Everplay rebranded from Team17 in March this year By MIKE SHEEN Updated: 05:04 EDT, 16 May 2025 Shares in London-listed indie video games maker Everplay fell on Friday as it revealed chief executive Steve Bell has left the firm after less than two years in charge. Everplay, which rebranded from Team17 in March, told…
[ad_1] German delivery giant buys ‘significant’ minority stake in Evri owner Apollo Evri will enter the business letter market for the first time post merger By MIKE SHEEN Updated: 06:51 EDT, 14 May 2025 Evri is set to merge with German delivery giant DHL’s UK economerce business, creating one of the country’s biggest delivery firms….
[ad_1] FD Technologies was founded in 1996 as First Derivatives by Brian Conlon By HARRY WISE Updated: 10:40 EDT, 8 May 2025 A prominent Northern Irish software developer has agreed to be acquired by a US private equity business in a deal valuing the group at £542million. FD Technologies revealed on Wednesday that it was…
[ad_1] By JANE DENTON Updated: 06:18 EDT, 1 May 2025 Drax Group lifted annual profit guidance on Thursday, having been bolstered by strong pellet production and biomass generation. The group, which generates energy by burning wood pellets, told investors it now expects its annual adjusted core profit to come in at the top end of…
[ad_1] Lloyds Banking Group profits fell at the start of the year as the lender set aside more money for bad debts amid economic uncertainty heightened by the emerging trade war. The lender reported pre-tax profits of £1.52billion for the three months to the end of March, down 7 per cent on the £1.63billion reported…
[ad_1] By CALUM MUIRHEAD Updated: 17:01 EDT, 30 April 2025 Royal Mail’s takeover by a Czech billionaire is official after enough shareholders approved his bid. It means Britain’s 509-year-old post carrier will fall under foreign ownership for the first time since it was established by Henry VIII in 1516. Daniel Kretinsky, an energy tycoon nicknamed…
[ad_1] By JESSICA CLARK Updated: 21:50, 27 April 2025 Royal Mail is set to fall into foreign hands this week for the first time in its history. Shareholders have until Wednesday to accept a £3.6bn takeover of the postal service’s owner by Daniel Kretinsky. International Distribution Services (IDS) shocked the City when it agreed to…