The big fat sports quiz of 2023: April to June quiz! Here at City A.M we love a quiz. And this year our sports trivia competition is so fun we have divided it into four sections, one for each quarter of the year. This is for the second quarter of 2023. We saw the French Open spring a surprise and La Rochelle won the Champions Cup. [...]
Odey Asset Management partners pocket £64m in last payout before wind down Odey Asset Management The partners of Odey Asset Management are set to pocket nearly £64m for the firm’s final year of operations as it is wound down following allegations of sexual assault against founder Crispin Odey.
Taxi tie-up sees Bolt link with London’s black cabbies Taxi tie-up A major taxi industry tie-up will see ride-hailing service Bolt make London’s black cabs available on their apps from today. Londoners using Bolt will now be able to order London’s iconic taxis to get around the capital as the firm introduces a ‘black cab’ category on the app. London’s cabbies have teamed up with mobility [...]
Regulator kicks-off consultation into further reductions into Heathrow landing fees March 20, 2024 In March 2023, the regulator said it would be capping the price Heathrow could charge per passenger in landing fees at £25.43 in 2024, £25.24 in 2025 and £25.28 in 2026.
Yodel suitor The Delivery Group hails ‘strong’ performance despite ‘challenging’ year February 12, 2024 Losses widened at The Delivery Group, which is among the companies who could be able to take over Yodel, during its latest financial year.
Warehouse REIT makes £13.4m in portfolio sales as it continues to focus on debt reduction February 12, 2024 In a stock exchange notice this morning, the trust said that the combined price of the sales was 3.7 per cent ahead of the book value from September 2023 and reflected an average net initial yield of 5.3 per cent.
LNER train drivers to strike in early February as dispute escalates January 18, 2024 The train drivers' union has announced further strikes in February, escalating the long-running dispute over pay and conditions.
Court pauses civil case against WealthTek so FCA can prioritise criminal probe March 4, 2024 Civil litigation against financial adviser Wealthtek and John Dance was ‘stayed’ by the High Court in order for the regulator to prioritise criminal investigation. The regulator took action against WealthTek last April in order to “protect consumers following the identification of serious regulatory and operational issues”. The Financial Conduct Authority (FCA) order the firm to [...]
Customers face higher bills as Ofgem double Covid allowance for suppliers February 17, 2023 Ofgem has announced it will almost double the allowance it grants energy suppliers to recover some of the bad debt costs from the pandemic.
Power of sanctions: Russians are abandoning their beloved London courts May 22, 2024 There has been a dramatic drop over the past year of Russian businesses and individuals using London’s Commercial Court