Other Company News
PRA hits former Wyelands Bank director with £72k fine
The Prudential Regulation Authority has fined former Wyelands Bank director George Hambro £72,000 for failing to act with "due skill, care and diligence".
Heathrow passenger numbers hit 5.7m in February
Heathrow revealed on Tuesday that passenger numbers hit 5. 7m in 2025, driven by demand for winter sun destinations.
Thames Water to lodge appeal with CMA
Thames Water said on Friday that it would appeal to the Competition and Markets Authority to examine Ofwat's recent decision on the embattled water and sewage company's business plan.
Sosandar on track to deliver FY profit
Online women’s fashion brand Sosandar said on Monday that it was on track to deliver a full-year profit thanks to a solid trading performance throughout that all-important Christmas period.
Chill Brands reaches out-of-court settlement with former directors
Packaged goods distributor Chill Brands has reached an out-of-court settlement with two former directors who transferred the domain registration from the company to themselves without board authorisation back in May.
WH Ireland pre-tax losses narrow amid 'challenging market backdrop'
Financial services business WH Ireland said on Friday that pre-tax losses had narrowed in the six months ended 30 September after the "challenging market backdrop" had "another significant impact" on its performance.
Thames Water taps Julian Gething for chief restructuring officer
Embattled utility provider Thames Water has tapped AlixPartners' Julian Gething to oversee its debt restructuring as it looks to evade temporary nationalisation.
Gail's owner taps Goldman Sachs to oversee auction
Bread Holdings has tapped Goldman Sachs to oversee the auction of British bakery chain Gail's in 2025.
Bolt drivers win worker status
Rideshare firm Bolt's drivers have won their legal claim to be classified as workers, paving the way to both paid holidays and a minimum wage.
Thames Water class B bondholders submit £3bn financing offer - report
Embattled utility provider Thames Water's class B bondholders have reportedly tabled a fully underwritten offer to provide £3. 0bn of new debt.
FCA intends to take action against Crispin Odey
UK financial watchdog the Financial Conduct Authority warned Odey Asset Management founder Crispin Odey on Friday that it intends to take action against the disgraced hedge fund boss.
Boeing makes 'best and final' offer to striking workers
The International Association of Machinists and Aerospace Workers called out Boeing after the aircraft manufacturer made its "best and final" offer to striking Boeing workers.
Thames Water 'to receive £1bn lifeline'
Britain's largest water provider Thames Water will receive a much-needed £1. 0bn lifeline by creditors before the end of the year, according to the Times.
Bridgepoint sells Hobbycraft for undisclosed sum
Fund manager Bridgepoint Capital has disposed of British arts and crafts retailer Hobbycraft to investment group Modella Capital for an undisclosed sum.
Heathrow sets new monthly record for passenger numbers in August
British airport Heathrow said on Wednesday that it had set a new monthly record for passenger numbers in August, with 7. 97m people passing through its gates last month.
Sir Paul March acquires The Spectator in £100m deal
British political magazine The Spectator has been sold to GB News' largest shareholder, Sir Paul March, for £100. 0m, decoupling the conservative publication from the hunt for new owners for the right-leaning Telegraph papers.
CMA launches probe into Ticketmaster over Oasis ticket sales
The Competition and Markets Authority has launched an investigation into Ticketmaster follow the sale of tickets for legendary British rock band Oasis' upcoming reunion tour, including just how the company's controversial "dynamic pricing" may have been used.
Ryanair no longer sees risk of double-digit average fare reductions
Budget carrier Ryanair said on Tuesday that it no longer sees a risk of average fares falling by double-digit percentages and that a more moderate 5% fall "looks reasonably accurate" for the all-important three months ending September.
PwC fined £15m over failure to report London Capital & Finance suspicions
The Financial Conduct Authority has fined PwC £15. 0m for failing to report its belief that London Capital & Finance may be involved in fraudulent activity, marking the first time the regulator has fined an audit firm.
Heathrow loses 90,000 transfer passengers due to ETA scheme
Britain's Heathrow Airport said on Monday that passenger numbers had fallen by 90,000 on certain routes following the introduction of a £10 electronic travel authorisation charge that it branded “devastating" for its hub competitiveness.