London council energy firm nets millions in grants but supplies just 476 homes October 24, 2021 A LONDON council has raised eyebrows after taxpayers have handed over nearly £40m to its subsidiary energy company in the past five years, yet the provider still only serves 477 customers – and all but one are residential dwellings. B&D Energy is wholly owned by Barking and Dagenham Council. Since it was founded in 2016, [...]
World’s second largest publicly-trading zircon producer dual-lists on London Stock Exchange November 15, 2021 PYX Resources (PYX) has become a dual listed company to boost its development plans. The world’s second largest publicly traded zircon producer has now joined the London Stock Exchange’s (LSE) main market. Its primary listing will remain the National Stock Exchange of Australia (NSX). The company will enter LSE with a market capitalisation of £349.2m, [...]
The vaccine race is on: London borough winners and losers June 21, 2021 Richmond currently wears the crown as the London borough that has vaccinated the highest proportion of its adult population, according to the latest NHS data. The south west London borough has vaccinated 132,627 of its residents with a first dose – 85 per cent of its 156,399 population over the age of 16. Richmond also [...]
How this members club is helping entrepreneurs establish a Legacy April 29, 2024 Jennifer Sieg sits down with Chris Caffrey, the founder of London’s newest entrepreneur members clubs questioning the status quo.
Goldman to list Petershill Partners on the London Stock Exchange : CityAM September 6, 2021 Petershill Partners has announced plans for an Initial Public Offering on the London Stock Exchange for $750m (£541m). Petershill, an investment group which specialises in buying stakes in alternative asset managers, will be a standalone company operated by the Goldman Sachs Asset Management team. The company plans to list a fund giving investors exposure to [...]
British American Tobacco inches closer to settlement of multi-billion dollar lawsuit in Canada October 18, 2024 A subsidiary of London-listed British American Tobacco (BAT) revealed that it's nearing a "potential" settlement in a multi-billion dollar lawsuit in Canada
Exclusive: Pivotal months ahead for London’s revival as tourism top dog September 28, 2021 While coastal staycations have been in high demand during the summer months, the capital is poised to bounce back as the go-to destination of choice for many domestic tourists as the nights draw in and the temperature drops. Just 6 per cent of people would opt for a trip to London over a coastal location [...]
It’s beginning to look a lot like Christmas: London switches on world’s largest lights November 13, 2021 More than one million LED lights will deck London’s most well-known Christmas hotspots, including Leicester Square, Mayfair and Piccadilly Circus. A total of 20 streets across the city’s West End all had their lights switched on at the same time by the Lord Mayor of Westminster to mark the beginning of the festive season. Shoppers [...]
Threadneedle accuses KKR of ‘ram raiding’ UK equities in fallout from IQGeo bid May 19, 2024 Threadneedle has accused KKR of "ram raiding" the London stock market, in the wake of the US private equity firm's takeover of IQGeo.
Crowe UK hit with £144,000 sanction for Aseana audit failings May 14, 2024 Accountancy firm Crowe UK has been hit with sanctions by the watchdog over its audit of London-listed Aseana Properties