British Business Bank launches sequel to billion pound Northern Powerhouse fund March 21, 2024 A new fund aiming to invest £660m in companies across the North of England has been launched by the British Business Bank.
AssetCo boss says ‘still much to do’ as firm posts first half loss June 15, 2022 The boss of AssetCo said today there was “still much to do” as the newly expanded asset manager posted pre-tax losses of £2.6m for the first half of the year.
FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings May 2, 2024 Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.
Hogan Lovells readies itself for demolition of Holborn Viaduct HQ after taking up office space at 10 Fleet Place May 30, 2022 British-American law firm Hogan Lovells has struck a 10-year deal with private equity firm Addington Capital to rent out the seventh and eighth floors of the firm’s 10 Fleet Place office building. The legal sector giant is set to transfer its business services teams to the 10 Fleet Place premises, as it seeks to exit [...]
Motor boss warns against ‘protectionism’ as electric vehicle production accelerates 50 per cent February 24, 2023 Car production in Britain fell slightly in January as thousands continued the shift towards electric vehicles which experienced a near 50 per cent increase. Despite global economic instability, car production fell just 0.3 per cent last month, which was welcomed by the industry as a sign of market stability. The Society of Motor Manufacturers and [...]
A Legacy of Difference Making August 24, 2023 We were basically running insurance companies,” the likable Barry Gale tells City A.M. of his career before joining Aon. Gale was at a Big Four consultancy firm, working on restructuring and insolvency. “But without the front-end, bringing in new clients.” He and his colleagues soon found out that winding up insurance firms was notably more [...]
Berkeley and Persimmon to reveal housebuilder pain of interest rate hikes March 10, 2024 UK housebuilders are set to shed light on the state of the fragile property market amid a number of key updates from firms next week. Shareholders are braced to see accounts for Persimmon, Berkeley and Vistry all show a fall in sales numbers after higher interest rates weighed heavily on activity last year. Interest rates [...]
Friday off-peak tube fares start today. Here’s all you need to know about Sadiq Khan’s trial March 8, 2024 London Tube and train fares will be off peak every Friday for three months from today, as part of a trial launched by Sadiq Khan.
Tullow Oil names Richard Miller as permanent CFO December 8, 2022 Tullow Oil has appointed interim chief financial officer Richard Miller to the position permanently, and named him as an executive director.
Brickability revenue and profit more than doubles amid record demand for homes July 21, 2022 British merchants Brickability has reaped the rewards of housebuilders’ steamroll in the property market, having had its revenue nearly triple in the past year. Housebuilders in the UK have rushed to take advantage of record property prices, in trying to up their completions despite raw material inflation and supply chain disruptions. Revenue surged 187 per [...]