Defence minister greenlights military sealift deal to secure 150 UK jobs December 20, 2024 London-based Foreland Shipping will run a seven-year contract with the Ministry of Defence, under a new deal announced on Friday.
Mike Ashley loses vote to join Boohoo board December 20, 2024 Mike Ashley has lost his bid to become a board member of fast-fashion giant Boohoo, which his Frasers Group is the largest shareholder. More than 63 per cent of votes were cast against the appointment of the billionaire at a general meeting in Manchester. Almost the same number of votes were also cast against Michael [...]
Dust off the defence manuals… private equity is coming, say advisors December 20, 2024 London’s listed firms have been warned to dust off their defence manuals and prepare for takeover bids as private equity investors limber up for a deals offensive on the London Stock Exchange next year. After a subdued year of dealmaking through 2024, private equity buyers are expected to reignite a swoop on the public markets [...]
SFO charges five men over collapse of law firm Axiom Ince December 20, 2024 The Serious Fraud Office (SFO) has charged five men, including two solicitors following the collapse of the law firm Axiom Ince
Headlam: Flooring specialist’s shares rise after £54m property deals December 20, 2024 Shares in the Brummie-based flooring distributor rose over seven per cent on Friday after it sold off some of its properties for £54m.
Clients of collapsed advice firm to have claims examined December 20, 2024 Claims from the collapsed advice firm Tenet will be investigated by the Financial Services Compensation Scheme (FSCS) at the start of next year. Earlier this year, the firm’s administrators said 9,645 clients were “considered as being at higher risk of having received unsuitable advice”. Tenet, which billed itself as the largest independent financial adviser network [...]
Ex-Brazil envoy slams London Mariana dam lawsuit as ‘undermining justice’ December 20, 2024 Brazil’s former Ambassador to the UK has condemned the ongoing legal battle over the BHP disaster in the London High Court
‘Christmas comes early’ as inheritance tax receipts jump on threshold freeze December 20, 2024 The amount of inheritance tax (IHT) brought in by the government ticked up to £600m in November, as frozen thresholds pushed more estates into paying the tax. “Christmas has come early for the government,” said Shaun Moore, tax and financial planning expert at Quilter, with the higher tax receipts allowing the amount the government borrowed [...]
Bitcoin hoaxer Craig Wright convicted of contempt of court December 20, 2024 The man who loudly claimed to be the founder of Bitcoin—only to be exposed in court as anything but—was slapped with a contempt of court ruling by a judge
Harry Potter and the Cursed Child maker remains in the red amid West End troubles December 20, 2024 The company behind the Harry Potter and the Cursed Child stage play remains in the red amid falling sales and show closures, it has been revealed. The joint venture which produces the show across the world has reported a turnover of £41.3m for the year to 31 March, 2024, down from the £45.2m it achieved [...]