Barclays reported a 2% drop in profits to £5.4 billion, and announced it intends to halve the dividend for this year and next. The bank will pay a final dividend for 2015 which brings the full year total to 6.5p but for 2016 and 2017 this will be reduced to 3p in each year. Barclays […]
PwC’s annual global total retail survey 2016 has tracked consumer behaviour across retail channels, bringing to light the changes brought about by multichannel retailing. From choosing between channels to being channel agnostic, Indian consumers today are moving with pace towards the omnichannel way of life. According to PwC’s latest total retail survey, the value conscious […]
Supermarket chain Morrisons has fallen out of the FTSE 100 following a sharp drop in its share price. This is following near demotions that were narrowly missed twice in 2015. Share prices have fallen along with sales as shareholders are unclear how the supermarket will make back the difference. In 2016, the supermarket’s share prices […]
The London Stock Exchange report identifies fastest-growing and most dynamic small and medium sized businesses across the UK. The report showed 78% of businesses headquartered outside London, companies growing at an average of 50% a year, and that beyond Greater London with 217 companies, Greater Manchester is a stand out city with 36 companies, followed by […]
Further to recent speculation, the Management Board of Deutsche Börse and the Board of LSE confirm that they are in detailed discussions about a potential merger of equals of the two businesses (the “Potential Merger”). The Potential Merger would be structured as an all-share merger of equals under a new holding company. Under the terms […]
In 2015 the UK online alternative finance sector grew 84%, facilitating £3.2 billion in investments, loans and donations, according to a joint report published today by the Cambridge Centre for Alternative Finance at the University of Cambridge and UK innovation foundation Nesta, in partnership with KPMG and with the support of CME Group Foundation. This […]
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