Wasps step closer to new Kent home and Championship spot November 13, 2024 Two-time European champions Wasps moved a step closer to reviving their defunct rugby club after they secured land in Kent for a new stadium. The site in Swanley has been acquired on a 10-year-option and could be used to build a new stadium in the south east of the country after the club were one [...]
Just Eat shares spike after it announces Grubhub sale November 13, 2024 Delivery platform Just Eat has agreed to sell its American arm, Grubhub, to the US takeaway startup Wonder. Shares in Just Eat rose 19 per cent in early trades on the news. Just Eat sold the platform for $650m (£500m), a 90 per cent discount on the $7bn it paid in 2021—or, adjusting for inflation, [...]
French film-makers get their claws on £35m of UK taxpayers’ cash to make Paddington movies November 13, 2024 French film production company StudioCanal benefited from £35.8m of UK taxpayers’ cash to make a television series and three movies about British icon Paddington bear, with £13.4m alone handed out for the latest film which premiered on Friday. StudioCanal’s owner, French media giant Vivendi, posted a net profit of £336.6m (€405m) last year on revenues [...]
Bosses believe WFH will come to an end – wishful thinking? November 13, 2024 Given the City of London is a major destination for commuters (especially those working in professional services) the new rhythm of hybrid working is perhaps more visible in the Square Mile than elsewhere. Generally speaking, Mondays seem a little thin while Tuesdays, Wednesdays and Thursdays feel busier than ever. Fridays remain somewhat subdued. On the [...]
UFC to return to London in 2025 in UK’s 30th event November 12, 2024 UFC will return to London in 2025 in what will be its 30th event in the United Kingdom, the MMA promotion company announced on Tuesday. UFC Fight Night 254 will take place on 22 March at the O2 Arena in Greenwich in what will be the company’s first event in the UK since UFC 304 [...]
Exclusive: Argentina and South Africa in talks to host Rugby Championship match in London November 12, 2024 World champions South Africa and World Cup semi-finalists Argentina are in talks to play a Rugby Championship fixture at London’s Allianz Stadium in 2025, City AM can reveal. Discussions have taken place about Twickenham hosting a match from the southern hemisphere’s equivalent of the Six Nations next autumn. It would be the first time that [...]
Aquis Exchange accepts £194m offer from Swiss group in blow to London November 11, 2024 The offer values Aquis shares at 727p per share, a 120 per cent premium to Friday's closing price of 330p per share.
London Heathrow Airport set for busiest year ever after record October November 11, 2024 London Heathrow airport is set to surpass its pre-pandemic passenger record after its busiest October ever saw seven million travellers use the airport. More than 7.2m passengers flew through Heathrow in October as the half term peak helped the airport to its sixth consecutive month of more than seven million passengers. “This year has been [...]
Lessons from the Gulf: The UK must listen to business November 11, 2024 The UK may feel worlds apart from the Gulf monarchies, but there are lessons to be taken, writes Eliot Wilson.
Time to take the handbrake off the City and unleash growth November 11, 2024 The Lord Mayor’s Show is a reminder that despite only being 1.12 square miles in size, there’s no limit to the City’s ambition and what it can achieve when it comes together, says Alastair King As the scaffolding comes down outside Mansion House and the majestic State Coach returns to the safety of the London [...]