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Saturday 7 November 2026 · London closed
Financial News
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A growing call to reform Private Finance Initiative (PFI) contracts in the UK underscores emerging challenges in critical infrastructure sectors. This push comes amidst concerns of escalating legal disputes and…
A call to end adversarial PFI contracts has been made by infrastructure investors to UK ministers.Using third-party adjudicators for PFI disputes diverts funds from public assets.A new 'reset mechanism' is…
Umar Kamani's announcement of his return to PrettyLittleThing signifies a notable shift within the fashion industry. Tasked with reinvigorating the brand, he's poised to implement strategies that promise enhanced customer…
Umar Kamani, the founder of PrettyLittleThing, is making a strategic return to steer the brand in a new direction. His comeback signals significant changes aimed at revitalising the brand's customer…
Manifest's Manchester branch plans significant growth over the next two years.The agency aims to triple its Manchester team, focusing on brand services.Lauren Preece joins as the new brand services director,…
Laing O'Rourke, the UK's largest privately-owned contractor, has reported a strong recovery after a previous year of significant financial losses.The firm achieved a £40m pre-tax profit for the fiscal year…
Sainsbury’s is embarking on a groundbreaking partnership to revolutionise its commercial systems, collaborating with SAP, Accenture, and AWS. This move aligns with its 'Next Level' goals.This strategic initiative aims to…
The Labour Party is facing mounting pressure to reconsider its approach to pension tax reforms as a means to curb government spending. The proposed £9bn tax on staff pensions has…
Labour faces mounting pressure to impose a £9bn tax on employers' pension contributions to reduce public expenditure. Meanwhile, concerns grow over potential negative impacts on employee benefits.The proposal by a…
IQE has reported significant revenue growth and is advancing plans for a Taiwan IPO.The firm observed a 26.7% revenue increase, totalling £66 million in six months.CEO Americo Lemos confirmed strong…
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