John Lewis’ property punt already leaving more questions than answers September 4, 2023 The retailers' flagship property scheme appears set for a £57m paper loss
Government ‘in talks with Tata Steel to provide £500m funding package’ – but 3,000 jobs at risk September 2, 2023 The Government is reportedly in advanced talks with Tata Steel to provide a £500 million funding package aimed at safeguarding the long-term future of a key part of Britain’s steel industry. The deal would secure £1 billion for the group’s Port Talbot steelworks but could lead to as many as 3,000 job losses, according to [...]
Online gambling firm In Touch Games has licences to operate in Britain suspended September 2, 2023 Online gambling firm In Touch Games has had its licences to operate in Britain suspended by the industry regulator. The Gambling Commission suspended the firm’s operating licences as it carries out a review under section 116 of the Gambling Act 2005. It said it suspects the operator failed to follow licence conditions related to money [...]
Cerelia to sell Jus-Rol after appeal to allow pastry merger blocked in court September 2, 2023 A pastry manufacturer will be forced to sell off a rival business after an appeal to allow the merger was blocked by a judge, the UK’s competition watchdog has said. Cerelia, the UK’s largest producer of bake-at-home products in the UK, agreed to buy rival pastry maker Jus-Rol for an undisclosed amount in 2021. But [...]
ULEZ: More than 200 reports camera-related crime logged in month to expansion September 2, 2023 There were 222 reports of crimes relating to Ulez cameras logged in the month leading to its expansion across London, according to figures released by the Metropolitan Police. Previous figures released in August showed there had been 288 reports since the force began collecting the data in early April, taking the current total released on [...]
Wall Street edges higher following data that shows the labour market is cooling September 2, 2023 A choppy day of trading on Wall Street ended on Friday with slight gains for stocks, as the market notched its second straight winning week. The market got a boost early on from a closely watched government report that showed US job growth increased at a healthy but more moderate pace last month. The report [...]
Mason Greenwood will begin to rebuild career with loan move to Getafe September 2, 2023 Mason Greenwood has joined Spanish club Getafe on loan in a move that Manchester United say will allow the player to rebuild his career away from Old Trafford. Greenwood was suspended by United on January 30, 2022 over allegations relating to a young woman after images and videos were posted online. The 21-year-old faced charges [...]
Mohamed Al Fayed: Tributes paid to former owner of Harrods and Fulham FC September 2, 2023 Former Harrods owner Mohamed Al Fayed has been described as “an extraordinary tour de force” after his death at the age of 94. Mr Al Fayed, who was owner and chairman of Fulham Football Club for 16 years, died on Wednesday. His family announced on Friday he had “passed away peacefully of old age”. Paying [...]
Rail strikes bring more misery to Brits on back-to-London Saturday September 2, 2023 Rail passengers faced more travel misery on Saturday because of continuing industrial action by train drivers and other workers in long-running disputes over pay, jobs and conditions. Members of the Rail, Maritime and Transport union (RMT) at 14 train operating companies launched a 24-hour strike, while drivers in the Aslef union were banning overtime. Services [...]
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?