Pensions secretary: Triple lock has ‘very long term’ question marks as cost spirals September 12, 2023 The triple lock - set to cost an extra £2bn as a result of new wage growth data - may not be sustainable in the long-term
One in five mergers canned as volatility spooks dealmakers December 29, 2022 Nearly 20 per cent of all mergers and acquisitions were canned this year as dealmakers took fright at the extreme turbulence shaking global markets, new data has revealed. One in five deals were abandoned in 2022 while some 26 per cent were put on ice as private equity firms and corporate dealmakers opted to sit [...]
Domino’s poaches Just Eat’s finance director for top board role July 11, 2022 Domino’s has appointed a new chief financial officer, poaching Just Eat’s UK and Ireland regional finance director. The pizza chain announced on Monday that Edward Jamieson will join the board of directors in October 2022. Jamieson’s CV includes a four year stint at the food delivery platform, where he helped the UK arm boost revenue [...]
Ex Ted Baker boss joins Ocado as Amazon takeover rumours swirl June 27, 2023 The former boss of British fashion brand Ted Baker will join Ocado as rumours swirl about a possible takeover bid. Rachel Osborne stepped down from her role as head of the British fashion brand earlier this month, with a number of other senior board members after Ted Baker was acquired by Authentic Brands for £211m [...]
VC firm Index Ventures raises £1.8bn to back UK start-ups and unicorns like Revolut July 10, 2024 The VC firm believes that rapid advancements in artificial intelligence (AI), a deep talent pool and proven hyper-growth playbooks are driving big opportunities.
Travel to Asia and the Americas drives strong Hostelworld results July 10, 2024 Hostelworld has reported a period of strong growth thanks to strong demand for international travel.
Build, baby, build: In ‘world-leading’ Wimbledon and beyond July 10, 2024 What should be a simple planning approval for an expansion onto a neighbouring golf club in Wimbledon has been endless planning disputes.
No light at end of the tunnel: HS2 delay leading to higher costs as London Euston link nearing £5bn March 27, 2023 Delays linking up HS2 and Euston will mean extra costs and potentially even higher spending, the National Audit Office has warned ministers. A near 50-page report, looking specifically at the Euston element of the much delayed high-speed line, concluded that a “reset” in 2020 had “not succeeded”. It comes after Transport Secretary was criticised earlier [...]
Mercia wins additional British Business Bank contracts to boost growth in Yorkshire and the Humber March 21, 2024 London-based asset manager Mercia has won two more regional investment fund mandates from the British Business Bank.
Firstgroup steaming ahead: Company wins iconic London cable car contract March 21, 2024 The contract with FirstGroup is due to run for an initial five-year term