Over a dozen black-owned businesses in London awarded £10,000 in funding support January 12, 2024 A boost for 13 black-owned businesses in London is underway as the winners were announced for the 2024 UberEats Black Business Fund. Run by the small business support platform, Enterprise Nation, the campaign works to tackle the ongoing funding challenges that face underrepresented businesses in the hospitality sector. “It’s an industry that’s been squeezed tightly by higher [...]
Ofwat is hiring a £70,000 media chief. The key skill? Crisis communications January 11, 2024 The embattled water regulator is hiring a head of media relations to lead its communications efforts – with the right candidate an expert in ‘crisis communications.’ Ofwat has been criticised by campaigners and politicians alike for the sorry state of the nation’s water infrastructure. The right candidate will have the “ability to rapidly brief on [...]
Cheap London firms in crosshairs of trigger-happy activist investors in 2024 January 10, 2024 Activist investors are circling the London Stock Exchange this year in a bid to capitalise on the “significant valuation gap” facing UK firms, a new report has claimed.
Competition watchdog takes interest in Carlsberg-Britvic merger September 10, 2024 The competition watchdog announced this morning that it had opened the first stages of an investigation into the tie-up between Carlsberg and rival drinks brand Britvic. Danish brewing giant Carlsberg agreed to acquire the British soft drinks maker for £3.3bn in July, in a significant push into the UK non-alcoholic drinks market. The CMA has [...]
Paralympic athletes and sport chiefs call on the nation to build on Paris excitement September 9, 2024 British Paralympic athletes and sporting chiefs have urged the nation to “take the excitement around Paris 2024 forward” and continue on an “upward trajectory” of backing disability sport. The curtain fell on 12 days of para-sport yesterday with a spectacular closing ceremony at the Stade de France in Paris. Paralympics GB finished second in the [...]
PRS REIT faces investor rebellion to topple chair August 29, 2024 Investment trust PRS REIT is facing a significant shareholder rebellion, which is attempting to oust its chair and change the direction of the property investor. Investors including Waverton Investment Management and CCLA Investment Management, representing 17.3 per cent of shareholders, have requested an extraordinary general meeting to vote on a slew of measures. These include [...]
Rents rise at slowest rate in nearly three years – but average hits £1,200 August 21, 2024 A rise in properties on the market means rents for new lets have grown by their slowest rate in nearly three years this year, and are expected to fall below wage growth for this first time since 2021, an analysis has revealed. Rents for new lets grew by 5.7 per cent in the 12 months [...]
BT shares jump after Altice sells 24.5 per cent stake in FTSE 100 giant to Bharti August 12, 2024 BT shares jumped 6.4 per cent after the market opened this morning after it emerged that its largest shareholder, Altice, had agreed to sell its stake in the business. The FTSE 100 giant’s largest shareholder agreed to sell its 24.5 per cent stake in the telecoms company to Indian conglomerate Bharti. Altice, which has struggled [...]
AI taskforce is needed to reform health and social care in the UK, says tech founder August 6, 2024 The UK needs an AI taskforce designated to the innovation of health and social care to avoid being left behind, the founder of digital-first social care provider Cera has said.
London, and the UK, must seize the opportunity to lead in crypto regulation June 13, 2023 The UK tech sector is doing great in so many ways - it's time it embraces a balanced approach to crypto regulation as one of its main tenets, writes Andrew Griffiths