Category: Business

A strategy originally born out of prudence sets San Leon Energy apart from the crowd amidst 2020’s unprecedented challenges. The Nigeria-focused firm’s lend-to-invest strategy may not have been designed for 2020, nonetheless, it has created a uniquely strong position. A $175million loan note transaction back in 2016 gave San Leon a cash-generating foothold in an […]

Shares in Boohoo have tumbled after the scandal-hit online fashion retailer said it has begun searching for a new auditor, as its current one PwC has quit. Accounting giant PwC has been the company’s auditor since 2014 but today Boohooo confirmed that it will not take part in the bidding process to continue working with […]

Board games and comic book retailer Geek Retreat has announced plans to open another 100 stores on British high streets in the next two years. The ‘geek culture’ firm said the popularity of entertainment franchises like Marvel and Stranger Things had enhanced demand for ‘geeky interests and games’ like trading memorabilia, card games, posters and […]

Subprime lender Amigo Holdings will need to get the City watchdog’s approval to pay out any cash to directors and dividends to shareholders, it said today. The company, dubbed a ‘legal loan shark’ by MPs, has been in chaos in recent months, being the object of an investigation, struggling with a backlog of customer complaints […]

The high-flying Blue Whale Growth fund has reaped the rewards of the US stock market’s bounce back from the coronavirus crash – delivering a 34 per cent gain for investors over the past six months. The global fund – run by Stephen Yiu and backed by Peter Hargreaves – is invested heavily in the US, […]

Given that the UK Government has allocated £12billion to build a ‘world-beating’ test and trace system to halt progress of the pandemic it is not surprising that every breakdown leads to an endless search for scapegoats. Mistakes were made from the start of lockdown when trained tracers mysteriously were let go and when some bright […]

British retail groups say the scheme fees charged by payment firms have almost doubled in the last two years. They warn that retailers will be forced to pass on the extra costs to consumers, with credit card bills rising by another £40 a year. “It is vital that the government takes action to tackle excessive […]