The week that was: London woes, hedge funds short on water, and confusing jobs data Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
420: Should you invest your green in the cannabis industry? Cannabis The global cannabis industry is going through a growth spurt in April, with green shoots popping up across the world.
Why City of London firms are plotting a revolt against the FCA City firms are plotting a revolt against the regulator and calling on top trade bodies to intervene after the Financial Conduct Authority revealed plans to name and shame the firms it is investigating last month.
London office property deals abandoned as sellers pin hopes on price recovery April 20, 2024 Abandoned property deals have driven investment volumes in the London office market down in the first quarter of the year, but green shoots are starting to emerge.
Redx boss scooped up shares after revealing London Stock Exchange exit April 19, 2024 The boss of pharma firm Redx has scooped up hundreds of thousands of shares in the company after its share price collapsed on the news it would scrap its listing on the London Stock Exchange.
Asda: Billionaire Zuber Issa close to selling £500m stake in supermarket giant to TDR Capital April 19, 2024 Billionaire Zuber Issa is close to completing talks to sell his £500m stake in Asda to its private equity backer, TDR Capital, according to reports.
Watch: M&C Saatchi looks ahead to new senior team April 19, 2024 M&C Saatchi has felt headwinds from the wider economy. Watch the latest.
WATCH: Tesco picks up market share despite cost of living concerns April 19, 2024 Tesco has eaten into the market share of a host of other grocers. Watch the latest news from the supermarket giant.
Virgin Atlantic Holidays makes first profit since 2018 as luxury travel to Florida and the Caribbean recovers April 19, 2024 Virgin Atlantic Holidays returned to making a profit for the first time since 2018.
Growing comms agency picks up Texan investment as part of scaling push April 19, 2024 A US-based investor in data-led firms has made its first investment outside of its home country in London-headquartered strategic comms agency Williams Nicolson.