Battersea Power Station: How London’s newest village was brought back to life Retail From the UK’s biggest power station to international cultural fame on Pink Floyd’s tenth album, to near-ruin, Battersea Power Station has claimed multiple identities over the years. Now, the power station has entered its newest – and quite possibly cleanest – phase, as a multi-use residential, arts and office hub. A £9bn project has transformed [...]
PMQs: Badenoch says businesses ‘abandoning North Sea’ due to Starmer Politics Businesses are “abandoning the North Sea” because of Sir Keir Starmer’s decisions, Kemi Badenoch has claimed at PMQs, as he she criticised the “signal he is sending to investors”. Her comments came after a Scottish court ruled that green lighting the Rosebank and Jackdaw oil and gas fields was unlawful, following a court battle brought [...]
KPMG UK increases partner pay after profit jumps Big Four KPMG UK recorded a double-digit growth in profit before tax over 2024, a better performance than 2023, however, its revenue only increased by one per cent
Dispatch from Davos 2025: Did Reeves impress? January 24, 2025 Rachel Reeves promised to "sell Britain" at Davos 2025, but did she succeed? Comms afficionado Zaki Cooper reports from the Swiss Alps.
Digital 9 Infrastructure: Investec slams ‘shocking’ asset sale January 23, 2025 Investec analysts have slammed the sale of Digital 9 Infrastructure’s assets as part of the investment trust’s wind-down, describing the process as “extremely poor for shareholders”. Digital 9, once a darling of the infrastructure sector, fell into chaos after governance concerns and funding problems emerged throughout 2023. The trust voted to wind down in March [...]
UK economy: Compulsory liquidations hit 10-year high January 21, 2025 Figures released from the Insolvency Service showed that there were 3,320 compulsory liquidations in 2024, the highest number for 10 years.
UK ranked second-best investment target by global CEOs January 20, 2025 The UK has been ranked as the second most attractive country to invest in by global CEOs, behind only the US, as British CEOs feel confident about growth in the country’s economy. This is the first time that the UK has been ranked second in the 28-year history of PwC’s CEO Survey. “Our CEO survey [...]
Big Four giant PwC names new Northern boss January 9, 2025 Big Four giant PwC has named its new Northern boss to succeed the incumbent who is retiring. Emma Suchland has been appointed as the firm’s new regional market lead for the North. She will take over from Armoghan Mohammed, who held the title of regional chair, who is to retire. Suchland joined the accountancy giant [...]
Former Manchester United CEO to help grow Teneo’s sport business January 9, 2025 Former Manchester United chief executive Richard Arnold has joined Teneo, the global consultancy has confirmed. Arnold, 57, has been named non-executive chairman of Teneo’s Financial Advisory Sports Practice and will work across the company’s sports, media and entertainment clients, who include World Rugby, Castore and the Ambani family’s Reliance Industries. “As we continue to build [...]
Darktrace in first acquisition since takeover as cloud security threats rise January 9, 2025 Darktrace has announced its first acquisition since its recent takeover by Thoma Bravo in October, as it focuses on bolstering cloud security amid rising threats to cloud based operations. The acquisition of the UK-based cyber provider Cado security comes as businesses are increasingly shifting operations to cloud-based systems, creating an urgent need for advanced cloud [...]