JustEat parent company withdraws from Nasdaq to stick with London listing February 8, 2022 JustEat's parent company Just Eat Takeway.com has delisted its shares from the US Nasdaq stock exchange as it looks to drive down costs and avoid regulatory pressures.
High flying insurance duo plan £150m SPAC IPO on London Stock Exchange March 31, 2022 Insurance industry veterans Will Allen and Andy Rear are planning to raise £150m through the launch of a new special purpose acquisition company (SPAC) in the coming days. The prominent duo plan to list a shell company called FINSAC on the London Stock Exchange (LSE) with a view merging with a leading name insurance technology [...]
Mayor of London calls for register of overseas property ownership to tackle money laundering February 6, 2022 The Mayor of London has called for a register of overseas property ownership to crack down on London being used for international money laundering. Properties in the capital owned by overseas individuals and firms could be sheltering billions of pounds of undeclared funds, Sadiq Khan said. It comes as a report by cross-party MPs found [...]
London needs its watering holes for its global competitiveness December 15, 2021 This all seems very familiar. Just as Brits are preparing to leave their desks behind and embark on the yearly round robin of family visits over the Christmas period, their plans are in jeopardy of being scuppered. Spare a thought for the businesses that make the festive period so enjoyable. Pubs, bars and restaurants are [...]
Khan’s ‘Streetspace’ appeal upheld in blow for London’s taxis June 16, 2021 Sadiq Khan has this evening won his battle against London’s cabbies over the controversial “Streetspace” scheme. The Court of Appeal has upheld the Mayor’s appeal against a High Court judgement which deemed that the programme, which is designed to encourage walking and cycling during the pandemic, was introduced unlawfully. In his appeal, Khan argued that [...]
Sadiq Khan ‘heartbroken’ as four dead in stabbing incident at south London house, and one man arrested April 25, 2022 A man has been arrested on suspicion of murder after four people died of stab injuries in south London in the early hours of the morning. The Metropolitan Police said they were called to a disturbance in Bermondsey at 1.40am on Monday, where they found three women and a man suffering with knife wounds. The [...]
“Very few” PCR tests left at London testing sites December 14, 2021 There are currently “very few available” PCR tests at testing sites in London, according to the government’s official website. Earlier today the government’s official booking website briefly showed there were no PCR tests available at any testing sites in England, according to reports. A screenshot of the official site, published by the BBC, showed a [...]
London-listed life sciences firm agrees £150m debt financing facility with HSBC March 30, 2022 Life Science REIT has agreed a £150m debt financing facility with HSBC, in a bid to fund new life science properties across the Golden Triangle: London, Oxford and Cambridge. The deal, in what will be the company’s first borrowing agreement, is made up of a £75m three-year term loan facility and a £75m revolving [...]
Business growth boosts London Stock Exchange Group as it avoids big hit from Russia exposure April 27, 2022 Revenues at LSEG have risen 6.3 per cent over the first three months of the year, powered by business growth and high customer retention.
Ikea to close Tottenham store in £1bn plans to speed up home deliveries in London March 30, 2022 Ikea has revealed it will be shutting shop at its Tottenham store, with some 450 employees set to be impacted. However, Ikea said it has plans to retain as many individuals as possible. It is also planning to create some 600 vacancies in the capital before the store shuts. The North London store will remain open [...]