HM Revenue & Customs has issued its first tax avoidance Stop Notices to an individual, ordering Paul Baxendale-Walker, a struck-off solicitor and former barrister, to cease promoting two schemes deemed abusive and artificial by the tax authority. In a landmark move, HMRC confirmed that these Stop Notices mark the first time the orders have been […]
Fossil fuel giants, luxury travel users, and shareholders profiting from polluting industries could be forced to contribute directly to climate resilience measures under a new bill to be introduced in Parliament on Thursday. The Climate Finance Fund (Fossil Fuels and Pollution) Bill, tabled by Labour MP Richard Burgon, calls for the creation of a dedicated […]
The number of UK employers voluntarily paying the higher Living Wage has risen by 19% over the past year, despite signs of a cooling labour market and pressure from statutory wage increases. Figures from the Living Wage Foundation show that 16,040 employers are now accredited as paying the voluntary Living Wage — a rate set […]
The Bank of London, a once high-profile fintech start-up that claimed unicorn status just four years ago, has revealed it is under investigation by the Bank of England’s Prudential Regulation Authority (PRA) and is facing questions over its long-term viability. In long-delayed accounts for 2023, the clearing bank disclosed that the PRA is examining “certain […]
The University of Hull has announced the launch of Railwhere, a new spinout company set to transform the freight industry by helping rail operators cut costs, reduce emissions, and deliver goods more efficiently. Developed from seven years of cutting-edge research at the University’s Logistics Institute, Railwhere combines operational insight with award-winning software to support a […]
Certain statements in this news release may constitute “forward-looking information” and “financial outlook” within the meaning of applicable securities laws. Forward-looking information and financial outlook generally can be identified by words such as “anticipate”, “believe”, “continue”, “expect”, “estimates”, “intend”, “may”, “outlook”, “objective”, “plans”, “should”, “will” and similar expressions suggesting future outcomes or events. Forward-looking information […]
Certain statements contained in this Press Release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”). These statements relate to the expectations of management about future events, results of operations and the Company’s future performance (both operational and financial) and business prospects. All statements other than statements of […]
“What’s really exciting about this is that it’s a local-currency facility” so the company doesn’t have to take foreign-exchange risk, Anish Thakkar, a co-founder of the company, said in an interview. It “allows us to provide the most affordable financing to customers,” he said.
For the three months ended March 31, 2025, the Company is reporting a net income of $6.2 million (three months ended February 29, 2024: $14.4 million); cash flows generated from operating activities before changes in non-cash operating balances of $3.3 million (three months ended February 29, 2024: $2.7 million); and income per share of $0.10 (three […]
Forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be […]