An earn out is a purchase price adjustment mechanism commonly used on the sale and purchase of a company where the buyer wishes to make a part of the purchase price contingent on the post-completion performance of the company during a period of between 1 and 3 years. This canContinue Reading
Inflation is expected to have fallen back to the 2% target for the first time in nearly three years in official figures on Wednesday that come just a day before the next rates decision and at a crucial time for the Conservatives ahead of the polls. Most analysts are forecastingContinue Reading
Equipment hire firm Ashtead has announced falling annual profits and warned of slowing rental sales over the year ahead, amid speculation it may look to switch its listing to the US. The FTSE 100 firm posted a 2% fall in underlying pre-tax profits to 2.23 billion US dollars (£1.76 billion)Continue Reading
One of the wettest springs on record has led to a significant increase in warm soup sales, while sales of sun cream have taken a hit, according to new figures. Research firm Kantar reported that the wet weather caused the slowest monthly growth in grocery sales in two years, asContinue Reading
Labour’s proposal to introduce a “genuine living wage” could lead to higher unemployment and increased mortgage costs, economists at HSBC have warned. Sir Keir Starmer’s party has pledged to bring in a ‘New Deal for Working People’ within its first 100 days if elected, which includes replacing the minimum wageContinue Reading
Reform UK has launched its 2024 general election manifesto, promising sweeping tax cuts and public sector reforms after overtaking the Conservatives in a recent poll. The party, led by Nigel Farage, aims to dramatically reshape the economic landscape and public services. Reform UK plans to raise the minimum income taxContinue Reading
In today’s business landscape, sustainability and environmental responsibility have become critical for success. Small businesses, in particular, increasingly recognize the importance of efficient waste management. Not only does it help in reducing operational costs, but it also enhances a company’s reputation and contributes to the broader goal of environmental sustainability.Continue Reading
Rishi Sunak has insisted the Tories can still win the General Election after Cabinet minister Grant Shapps said a Conservative victory is unlikely. The Prime Minister said he understands people’s frustrations but gave a more optimistic assessment of his party’s chances than the Defence Secretary, who said that to claimContinue Reading
The London Bullion Market Association (LBMA) has dropped a jurisdictional challenge in a case which claims it wrongly classified gold from a Tanzanian mine as responsibly sourced, despite allegations of human rights abuse. The LBMA is being sued by the families of two 23-year-old men killed at the North MaraContinue Reading
Europe’s top stocks saw modest gains on Monday after a bruising week which has seen London overtake Paris as home to the continent’s biggest stock market. London’s FTSE 100 recovered some of its losses from during the day but just about closed in the red, down 4.71 points, or 0.06%,Continue Reading
