Thames Water is worthless: That's the verdict of its biggest investor
The Canadian pension fund Omers said it would make a 'full write down' of its investment in Thames.
The Canadian pension fund Omers said it would make a 'full write down' of its investment in Thames.
The postal service will unveil an annual loss of £313m next week, according to estimates by City analysts.
The Swiss company, whose brands also include Montblanc, posted a 1 per cent fall in sales for the three months to March 31.
Nearly two million pre-loved cars were sold in the first three months of this year.
Robyn Denholm is trying to convince shareholders to support the billionaire's pay package after a Delaware court struck it down in January.
Such is the growing optimism surrounding the UK markets that investment professionals are bargain-hunting in the domestically focused FTSE 250.
The mining giant conceded there will be an 'impact on headcount' - days after boss Duncan Wanblad announced it would slash spending at the project.
IDS's pusillanimous board and investors should tell Kretinsky to take a hike.
Boss Stuart Machin will update the City on the High Street retailer's full-year results on Wednesday. Analysts are forecasting overall sales of £12.9billion.
Chinese insurance group Ping An is said to be looking to shrink its 8 per cent holding after failing to convince the London-listed lender to spin off its Asia business.
The group of stocks that soared during lockdown, but are now plumbing the depths - which probably means that they should now be called post-pandemic losers.
What happens if a fraudster steals your loyalty card points? Plus, mortgages running into retirement, fake cash for sale on social media, and giving wealth away.
The stars are aligning for Phoenix Copper Ltd after seeing an $80million corporate copper bond issue fully subscribed by one investor this week.
The Ofgem price cap is now expected to fall by £116 to £1,574 a year from 1 July, for average use, according to analysts at Cornwall Insight.
The commercial property developer revealed pre-tax losses slumped by 45.2 per cent to £341million in the 12 months ending March.
Of all the things in this wide, wicked world there are few more instructive than observing how the rich grow richer during the summer.
London's blue-chip index has defied its reputation as a relative laggard to grow by 9% since January, but some stocks have rocketed as much as 49%.
Some 52 councils have successfully gained these powers, though minister are concerned they could be using £70 fines for a 'profit motive' to bolster their threadbare budgets.
Among the companies with reports and trading updates today are GSK, Haleon, Sainsbury's and Land Securities Group.
The supermarket giant intends to employ Microsoft's AI and machine learning tools to enhance store operations and provide a 'more efficient and effective service.'
GSK has finally completed the sale of its stake in consumer health spin-off Haleon after selling another £1.3billion worth of shares.
The 1953 Silver Wraith features in the famous scene in which Richard E Grant and Paul McGann drunkenly terrorise the elderly patrons of a Penrith tearoom in the 1987 British black comedy.
HSBC, Barclays and TSB revealed that they were cutting the cost of home loans - in the latest sign of relief for households, who are also benefiting from falling inflation .
A new study has revealed the regions of the UK where car theft is rife. HPI compiled a list of the most stolen cars per county, but where did your region rank?
My girlfriend and I are looking to buy a home for £250,000 but we have only £5,000 in savings. Could a 99 per cent mortgages be right for us?