Business is booming.

STOCKS TO WATCH: Jupiter waiting on Revolution Beauty to succeed

INVENTORIES TO WATCH: Jupiter Fund Management Takes a ‘Slow and Steady’ Stance on Revolution Beauty

<!–

<!–

<!–<!–

<!–

<!–

<!–

Jupiter Fund Management made headlines when it halved its stake in THG last week.

But if it has taken a decisive stance on its part in Matt Molding’s struggling e-retailer, it has taken a more “slow and steady” stance on Revolution Beauty.

Jupiter was a cornerstone investor in the cosmetics group when it went public in July, but has gradually reduced the segment from 18 percent to 11.51 percent.

Losing the gloss: Jupiter was a cornerstone investor in cosmetics group Revolution Beauty when it floated last July

Losing the gloss: Jupiter was a cornerstone investor in cosmetics group Revolution Beauty when it floated last July

It was in good company.

Other investors include Boohoo founder Mahmud Kamani and none other than Molding.

Now, Jupiter’s fund managers can be thankful that they’ve cut at least some of their losses after Revolution’s stock collapsed last week when it warned that accountants had raised concerns over already-delayed early results.

It wasn’t such a great start for the debutante who, after a confident debut and a string of ambitious goals, has marked a big hit on the bills to come.

Currys chef boosted by wages

Bruce Marsh made a bold bet when he jumped from Tesco last year to become Currys’ finance chief.

He will use all his math skills to guide the electronics and white goods seller through the cost of living crisis.

1660447057 483 STOCKS TO WATCH Jupiter waiting on Revolution Beauty to succeed

1660447057 483 STOCKS TO WATCH Jupiter waiting on Revolution Beauty to succeed

1660447057 43 STOCKS TO WATCH Jupiter waiting on Revolution Beauty to succeed

1660447057 43 STOCKS TO WATCH Jupiter waiting on Revolution Beauty to succeed

1660447057 402 STOCKS TO WATCH Jupiter waiting on Revolution Beauty to succeed

1660447057 402 STOCKS TO WATCH Jupiter waiting on Revolution Beauty to succeed

To make the move go smoothly, he was given a payment of £680,000 to compensate for the bonus and benefits he had lost from his previous employer.

Things are getting better for him though – this was just part of a £1.5m total pay package.

Thungela makes life difficult for investors in anti-fossil fuels

Tomorrow could be tricky for anti-fossil fuel investors when Thungela Resources releases its half-year results.

The coal group was spun out of Anglo American last year — long before anyone thought the taboo energy resource would be in high demand again.

The data is expected to be striking to say the least. Inflation and cost pressures will no doubt have dampened the numbers, but sales are expected to have skyrocketed.

However, the green agenda will not be completely lost.

Critics such as the mysterious research firm The Boatman Capital are likely to reiterate the call for Thungela to put much of his extra cash in a rainy day pot should his environmental liabilities exceed current estimates.

Kistos walks away from Serica takeover

The takeover fun and games at North Sea oil group Serica Energy are over after lover Kistos ran away on Tuesday.

Through weeks of arguing, Kistos made several offers for Serica, which produces about 5 percent of Britain’s gas supply, after which Serica turned the tables and proposed an attack on its smaller rival.

Still, the end of the talks hasn’t hurt Serica’s share price, meaning David and Debbie Hardy, Britain’s sneakiest bunch of retail investors, are still sitting pretty.

The construction company’s operators reportedly spent £1 million stockpiling in 2014 and 2015.

With Serica’s current value of £1.1 billion, their holdings are still worth more than £100 million, despite the looming threat of a higher windfall tax.

.