Smithfield Market to close after 900 years, following City vote November 26, 2024 London’s oldest meat market is set to close having served the capital for over 900 years, after a City of London panel voted to end its plans to help relocate its traders to a new site in Dagenham Dock. Smithfield market’s owners, the City of London Corporation, had planned to relocate Smithfield and Canary Wharf’s [...]
Tottenham Hotspur Stadium Christmas Parties November 26, 2024 Tick Christmas off your to-do list with Tottenham Hotspur Stadium Want to host the ultimate office Christmas party? Tottenham Hotspur Stadium has an array of magical party options to ensure you have the most wonderful time. Very few venues in the UK boast the experiences Tottenham Hotspur Stadium offers. Think of the Stadium as a [...]
Building the Future: New Murabba is Revolutionising Urban Living November 26, 2024 For most major cities, “downtown” means old territory, legacy buildings locked in the past. Not so in the Saudi capital Riyadh, where New Murabba, one of the world’s largest modern downtowns, is under construction. Managing this enormous undertaking is Chief Executive Michael Dyke, British veteran of Balfour Beatty and HS2. Sir Martyn Lewis interviewed him [...]
London’s commercial property market to keep growing as staff ordered back to the office November 26, 2024 The green shoots which sprang up earlier this year in London’s commercial property market look set to continue into 2025, with real estate companies looking at a “cyclical growth opportunity”. London-listed property development firm Helical reported a minor recovery in the value of its property portfolio after several years of market uncertainty this morning. Its [...]
Inheritance tax grab on London’s junior AIM could cost Reeves £1bn November 26, 2024 Rachel Reeves’ inheritance tax hike on London’s junior market AIM in the Budget is likely to cost more than a billion in revenue for the Treasury, investment bank Peel Hunt has warned. The government had estimated that it would raise £92.5m from its 50 per cent inheritance levy on AIM stocks, based on calculations from [...]
Mike Ashley’s Frasers Group snaps up South African sports retailer November 26, 2024 Frasers Group, the retail empire founded by billionaire Mike Ashley, has continued its global expansion with the acquisition of a South African company. The London-listed group, which already owns the likes of Sports Direct and House of Fraser, has snapped up sporting, outdoor and recreation goods company, Holdsport Group, for an undisclosed sum from the [...]
Damning FCA report ‘risks undermining’ London as a financial centre November 26, 2024 Criticism of the Financial Conduct Authority (FCA) is continuing to mount as a group of parliamentarians prepares to lay out a stinging report claiming the watchdog is “defective” and “incompetent”. In a more than 350-page report compiled over three years, set to be presented to parliament, the All-Party Parliamentary Group on Investment Fraud and Fairer [...]
Canaccord Genuity launches strategic review of UK wealth arm November 26, 2024 Investment bank Canaccord Genuity has reportedly launched a strategic review of its UK wealth management business amid a barrage of consolidation in the sector.
‘Now is the time to build’: Helical backs London property market November 26, 2024 The firm is hoping to develop a portfolio of premium office space amid an anticipated shortage in supply over the coming years.
AO World: Double-digit growth ahead of musicMagpie deal November 26, 2024 Electrical retailer AO World has announced double-digit growth in retail revenue and operating profit as it continues its “laser focus” on cost and efficiency ahead of its acquisition of musicMagpie. Business-to-consumer retail revenue grew by 13 per cent year on year in the six months ended 30 September from £339m to £382m, AO World told [...]