Heathrow hits record passenger numbers but bemoans ‘tight’ landing fees ruling July 24, 2024 Heathrow said it was making progress in closing a £400m shortfall from the CAA's "tight" settlement on landing charges.
Profit drops at Santander UK but boss Regnier hopes for brighter second half July 24, 2024 Santander UK reported a sharp drop in profit in the first half of the year but said there were signs of growing tailwinds for the rest of 2024. The Spanish bank’s UK arm reported pretax profit of £804m in the first six months of the year, down from £1.2bn in the same period last year. [...]
Harworth: Property developer on track to grow portfolio to nearly £1bn after strong start to 2024 July 24, 2024 Six months into its financial year property developer Harworth says it’s on track to grow its investment portfolio to almost £1bn in the next five years, having already completed more than 80 per cent of its planned sales for 2024. The London-listed group, which specialises in land regeneration, said it had completed, exchanged or in heads of [...]
Easyjet ‘on track’ for another record summer as profit rises on strong travel demand July 24, 2024 Chief executive Johan Lundgren said the strong performance had been driven by booming demand for the Easyjet's network of routes.
Will Labour’s move to hire 300 planning officers be enough to get Britain building again? July 24, 2024 Since entering office, planning reforms have been central to the new government’s attempts to stimulate higher economic growth. Chancellor Rachel Reeves has already announced a number of important changes to the planning regime with more changes expected before the end of the month. Alongside these reforms, the government has committed to hire 300 extra planners [...]
Canal+: Meet the Paddington and Back to Black producer set to give the City a boost July 24, 2024 Vincent Bolloré, the French media tycoon, has decided that Canal+, the television business of his Paris-based conglomerate Vivendi would be best off listed on the London Stock Exchange.
How private equity lost its lustre July 24, 2024 Private equity isn't what it used to be, as a new report finds that private equity returns are a third lower in recent years than usual.
Fasten Your Seatbelts: UK government intervenes in British Airways appeal in cabin crew case July 24, 2024 The UK Government intervenes as British Airways faces legal action over 'fire and rehire' practices during the covid pandemic
FCA spent too long ‘looking in on itself’ says former executive July 24, 2024 The Financial Conduct Authority may be sleepwalking into the next financial scandal after spending too long “looking in on itself”, a former senior official has warned. Speaking on the Following the Rules podcast, ex-regulator Gavin Stewart, former chief risk officer at the FCA and a veteran of its previous incarnation, the Financial Services Authority (FSA), [...]
Swan Bitcoin Drops IPO and Scales Back Operations July 24, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Swan Bitcoin, one of the largest Bitcoin-only brokers, has decided to withdraw its plans to go public and discontinue its managed mining unit. This move also includes significant staff [...]