A billionaire American hedge fund tycoon is building a bet against Ladbrokes Coral Group (LCL) owner GVC as the high street bookmaker battles to hold on to revenues in one of its most profitable markets.
One of Britain’s biggest recruitment agencies, Cordant Group, is racing to raise new investment after the family-owned business came close to collapse because of a clash with its lenders.
The hedge fund run by Crispin Odey is threatening to raise its stake in Sirius Minerals (SXX) if the share price slides, deepening doubts about a £405m takeover of the embattled miner by FTSE 100 giant Anglo American (AAL)
HSBC Holdings (HSBA) faces a crunch decision on its chief executive with UniCredit’s Jean Pierre Mustier up against caretaker boss Noel Quinn.
Hammerson (HMSO) will slash its dividend and heavily write down the value of its assets alongside a sobering set of results this week.
Digital bank Revolut mistakenly froze the accounts of a French company, trapping thousands of euros, in a blunder that has raised questions over its compliance processes as it grows at breakneck speed.
