IQE: ‘Growth ahead’ says boss of Cardiff semiconductor firm as sales expected to jump July 23, 2024 The Cardiff-headquartered company said it expects revenue to be at least £65m in the first six months of the year.
US and Japanese diplomats in the spotlight as envoys in London owe £150m in congestion charges September 14, 2023 Foreign diplomats in London owe nearly £150m in congestion charge debt, ministers have said. It comes as new figures given to MPs showed that 15 serious and significant offences, including sexual assault and drunk-driving, were allegedly committed by diplomats or those entitled to diplomatic immunity between 2019 to 2022. The new details came in two written ministerial statements published [...]
City marks 50th anniversary of first female traders on floor of the London Stock Exchange March 27, 2023 Two “trading floor trailblazers” opened the London Stock Exchange to mark the 50th anniversary since the first women traders were admitted into the historic marketplace. Susan Shaw and Hilary Pearson, who began working on 26 March 1973, were among the first female stockbrokers in the London Stock Exchange Group (LSEG) . They opened the day’s [...]
Rolex watches, private jets and third homes? Here’s what it takes to be in the world’s one per cent of wealth April 13, 2024 To become a part of the wealthiest band in developed countries, you need to have at least a net worth of £1m - and in some countries, assets of up to eight digits, data from Kinght Frank’s Wealth report finds.
Shaftesbury secures £200m loan as property giant juggles debt arrangements August 14, 2023 Newly formed London property giant Shaftesbury Capital has launched a new 10-year loan of £200m secured against a portfolio of assets within the Carnaby estate. The major London landlord said the financing highlights the “attractiveness” of the company’s mainly retail and leisure portfolio to a “broad range of institutional capital”. The loan will sit alongside [...]
City Hall 2024: Susan Hall unveils manifesto with pledge to stop ‘war on motorists’ April 22, 2024 Susan Hall has unveiled her manifesto for the London mayoral election with a pledge to “stop the war on motorists”.
Blackrock: Biggest asset manager takes first step into financial data with £2.55bn Preqin deal July 1, 2024 Blackrock has agreed to buy financial data group Preqin for £2.55bn in cash, as the biggest asset manager in the world makes its first venture into financial information provision.
Fleet Street: £5bn development plan will transform former Daily Express HQ to serve a surprising new purpose April 25, 2023 The former Daily Express headquarters is among a flurry of buildings that will be transformed as part of a £5bn makeover of Fleet Street. A pipeline of 34 new developments have been announced for the East London region, which was once the former home of the newspaper industry. As part of the scheme, Salisbury Square, [...]
Meet the man who’s kept Old Spitalfields Market moving for three decades April 18, 2024 Eric Graham is a market man to his bones. Andy Silvester meets the Londoner who keeps Old Spitalfields Market ticking.
AO saves more than 70 jobs at mobile phone retailer which entered administration February 15, 2024 AO has saved more than 70 jobs after acquiring certain assets from a mobile phone retailer in administration.