Exclusive: M&G snags two major tenants in 40 Leadenhall – before it’s even built May 30, 2022 Investment firm M&G Real Estate has snagged two major tenants in the new development at 40 Leadenhall, City A.M. can reveal today – despite it still being under construction. The firm invested £875m to buy and develop the site – nicknamed Gotham City – in 2019. “It is the largest single transaction we’ve ever [...]
FTSE 100 today: London stocks brace for muted trading amid risk-averse sentiment; all eyes on US jobs data for guidance April 5, 2024 Wall Street's sharp decline led to a ripple effect, with Asian stocks following suit. Meanwhile, oil prices surged amid escalating Middle East tensions, while gold pulled back. All eyes now turn to the US jobs report and U.K. housing prices for further market direction.
Putin shuffles Kremlin pack as Moscow infighting rages and mercenary Wagner group claims a victory January 13, 2023 As Russian troops wage a ferocious house-to-house fight for control of strongholds in eastern Ukraine, a parallel battle is unfolding in the top echelons of military power in Moscow, with President Vladimir Putin reshuffling his top generals while rival camps try to win his favour. The fighting for the salt mining town of Soledar and the nearby [...]
Arm CEO: UK’s semiconductor strategy must make it easier to hire overseas talent August 22, 2022 The UK’s upcoming semiconductor strategy must make it easier for overseas talent to work in the country, the boss of British computer chip designer Arm has said today. Speaking to The Times, chief executive Rene Haas said that policy which makes it “easier for engineers to move across borders to be hired” would be “hugely [...]
Parliament debates the pressing case for AI regulation August 2, 2023 We need a coordinated approach across all government departments and beyond to achieve a coherent strategy on AI, argues Lord Holmes.
Business groups urge chancellor to unveil autumn Budget policies early September 18, 2020 Business lobby groups have urged chancellor Rishi Sunak to make early announcements on the upcoming autumn Budget, in a move to quell fears over the current economic uncertainty. Chancellor Rishi Sunak is expected to deliver the Budget in November, though reports last week suggested the announcement could be pushed back to spring 2021 if the UK [...]
Asda chair hammers government for ‘tin eared’ response to cost of living crisis April 3, 2022 The government has delivered a “tin-eared and slow” response to the UK’s cost of living crisis, according to the chair of Asda. Tory peer Lord Stuart Rose said chancellor Rishi Sunak should put together a new package to ease the pain of soaring costs for households, adding that “the main problem that the government has [...]
Sunak to use September figures for autumn Budget October 16, 2021 Chancellor Rishi Sunak has asked the UK Office for Budget Responsibility to close its pre-policy measure forecast at the end of September. “Our pre-policy measures forecast was closed earlier than usual in response to a request from the Chancellor for more time to complete the Spending Review as well as the Budget (as was the [...]
Joe Marler out of Australia match following positive Covid-19 test November 9, 2021 Joe Marler will miss England’s next autumn international against Australia on Saturday after testing positive for Covid-19. The prop, who plays for defending premiership champions Harlequins, tested positive in both his lateral flow and PCR tests. In a statement, the Rugby Football Union (RFU) said: “Joe Marler has tested positive for Covid and will be [...]
Budget: Hunt considering pension changes to encourage over 50s back to work March 14, 2023 The Chancellor is understood to be looking at increasing the pension lifetime allowance (LTA) in a move that is being interpreted as attempting to reverse the trend of early retirements. The PA news agency understands Jeremy Hunt is considering allowing workers to put more money into their pension pot before being taxed as part of [...]