Foreign firms launch £7.8bn summer deals raid on British companies December 3, 2024 A raid by international firms on UK companies accelerated over the summer as foreign buyers kicked off deals worth some £7.8bn – even as domestic mergers and acquisitions (M&A) slumped. Foreign spending on UK companies rose by 16 per cent between July and September, thanks in part to the $976m (£769m) swoop by US-based Quanex [...]
Etoro: ‘We could still float in London but things need to change’ December 3, 2024 The UK boss of trading platform Etoro has opened up about what the London Stock Exchange has to do to win its backing.
How I crafted the perfect recipe for my multimillion-pound biscuit brand December 3, 2024 Building a successful business takes a focussed mind and a steady hand - but can you have both?
How two ex-consultants plan to revolutionise UK consumer credit December 3, 2024 As financial services consultants at EY, Gerald Chappell and Michelle He noticed a weak spot shared by some of the world’s biggest banks: affordable personal loans. Up against ageing data-sharing systems, bureaucratic decision-making and a lack of business motivation to enter a market easily written off as “risky”, they set out to provide finance to [...]
Lord Mayor urges Starmer to ‘unleash the City’ December 3, 2024 The government is facing fresh calls to accelerate its reform of City rules and stem the “exodus” of cash away from London’s markets, as the new Lord Mayor last night urged ministers to develop a more supportive tax and regulatory environment. In his first major speech since becoming Lord Mayor in November, Alastair King urged [...]
London risks losing its crown to New York December 3, 2024 The city that never sleeps is outpacing London – where pubs close at 10.30pm – on almost every measure. Even its Christmas tree is bigger, says Emma Revell As we enter December, London should come into its own. The lights are up on Oxford Street, the Christmas tree has arrived in Trafalgar Square and the [...]
Lord Mayor criticises ‘misalignment’ of tax in call to unleash the City December 2, 2024 The Lord Mayor of London will rebuke the government for a “misalignment” in its fiscal policy tonight as he calls for ministers to “look again” at a tax on share trading and incentivise investors to back London Stock Exchange-listed companies. In his first major speech since becoming Lord Mayor in November, Alastair King will urge [...]
The weird and wonderful world of Japanese model food December 2, 2024 Japan is famous for the way its cultural artefacts seem to evolve separately from the rest of the world. Travel to Tokyo and you can find fax machines that have continued to develop new bells and whistles long after their use in the west began its terminal decline in the 1990s. Shokuhin sanpuru (literally: food [...]
Hornby: Year of change for Mike Ashley-backed brand as majority owner tightens grip December 2, 2024 The investment giant which owns the vast majority of shares in Hornby, the model firm currently working with billionaire Mike Ashley on its turnaround plan, has significantly upped its stake in the train-maker. Phoenix Asset Management Partners has increased its holdings in the Kent-headquartered company from 71.6 per cent to 81.3 per cent, according to [...]
Bad Gastein: Skiing with a touch of belle époque glamour December 2, 2024 They say first impressions matter, and my goodness, Bad Gastein certainly makes a great first impression. When approaching the resort, visitors are met with what at first glance, looks like a Wes Anderson film set. A spectacular cliff amphitheatre is crowned by elegant and imposing turn of the century palaces and hotels. As our taxi [...]