FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar February 16, 2024 "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.
Media secretary to intervene in the Telegraph sale November 30, 2023 Culture and media secretary Lucy Frazer has announced she is intervening in the sale of the Telegraph Media Group.
Bioscope: Cambridge biotech gold extractor firm eyes IPO May 29, 2024 Bioscope Technologies, which uses micro-organisms to draw out gold and precious metals, currently has a £12.8m turnover.
Mrs Doubtfire musical on song for West End’s Shaftsbury Theatre October 8, 2024 The success of West End musical Mrs Doubtfire has helped boost the finances of the firm behind London’s Shaftsbury Theatre. The business behind the venue has reported a turnover of £26.2m for 2023, up from the £17m it achieved in 2022. Newly-filed accounts with Companies House also show its pre-tax profit jumped from £1m to [...]
FTSE 100: London markets tick down as traders trim rate cut bets February 5, 2024 London's FTSE 100 ticked down on Monday amid a deluge of economic data that spurred traders to trim their bets on UK interest rate cuts.
Johnson Matthey to spin off medical manufacturing arm for £550m March 20, 2024 Chemicals specialist Johnson Matthey has spun off its Medical Device Components business to a private equity firm for £500m.
Is the future of banking online only? NatWest and Lloyds to axe 81 branches, taking this year’s total to 213. Here’s a list of closures: March 31, 2023 Two of the UK’s biggest banking groups have announced plans to make big cuts to their branch networks this year, cutting more than 80 sites from around the country. Lloyds Group and NatWest Group have said that the sites in England, Scotland, Wales and the Isle of Man will close between July and November this [...]
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 [...]
‘Don’t be a TWaT’: Goldman orders staff to ‘work in the office five days a week’ August 23, 2023 Goldman Sachs has reminded its employees to come into the office five days a week as banks continue the fight to get staff back into the office. The Wall Street giant led the way in demanding that employees come back into work after the pandemic. Boss David Solomon has previously described homeworking as an aberration. [...]
Telegraph attracts takeover interest amid latest auction deadline September 27, 2024 The bidding war to buy the Telegraph newspaper business is moving nearer to its conclusion amid the latest deadline for takeover offers. Potential suitors to buy the Telegraph Media Group have until the end of Friday to submit second-round offers. It is understood at least three parties, including both UK and international firms, are in [...]