Cameron vows to hunt down ISIS terror killers September 14, 2014 DAVID Cameron yesterday promised to “hunt down” the Islamic State (IS) terrorist who beheaded UK national David Haines, warning the government would stop at nothing to see justice served. “This is a despicable and appalling murder of an innocent aid worker. It is an act of pure evil,” the Prime Minister said in a statement. [...]
Amberfield: New land classification is answer to UK housing crisis September 14, 2014 The UK’s housing crisis could be resolved quickly if the government added a new land classification to green and brownfield sites, a new report claims. The Royal Institute of Chartered Surveyors (RICS) is calling on ministers to sign up to its proposal for Amberfield, which aims to create a pipeline of “ready to go land” [...]
PwC revenues boosted as UK optimism rises September 14, 2014 REVENUES at PwC rose five per cent to £2.81bn in the last year, as the professional services firm highlighted a big increase in client confidence across the UK in a further sign of strengthening economic recovery. PwC revealed it had seen solid performance and growth across the board of its UK business, with regional areas [...]
Cain Hoy and Sager lead £400m Islington Square development September 14, 2014 The US private investment firm looking to buy Tottenham Hotspur is today revealing another push into the London market with a £400m development in Islington. Cain Hoy, which last week confirmed it is considering a cash offer for Tottenham, is partnering with developer Sager group on a joint venture to develop the 4.5 acre Islington [...]
City offices at their fullest since the crash September 14, 2014 FIRMS are flooding back to London, driving occupancy rates in the square mile back up to their highest rate since the credit crunch struck, a study from TheCityUK shows today. Employment in the City has also hit a post-crash high, and the number of senior staff gaining permission to work in finance is also up. [...]
Microsoft set to disclose $2.5bn Minecraft deal September 14, 2014 Microsoft is expected to announce a $2.5bn (£1.5bn) takeover of Mojang, the Swedish video game developer with 100m players of its Minecraft game, as soon as today. The deal is aimed at pulling users on to the US software company’s mobile platform Windows Phone, which commands only around 2.5 per cent of the world’s smartphone [...]
Britain’s biggest bookies bet on plans for stricter self-regulation September 14, 2014 The four largest high street bookmakers will today reveal plans for a new independent watchdog to hold the gambling industry to account. They will also publish plans to restrict the advertising of fixed-odds betting machines and pre-watershed television advertising. The bosses of William Hill, Ladbrokes, Coral and Paddy Power will launch the package of commitments [...]
Delek Group in £153m sale of Roadchef as part of focus on energy work September 14, 2014 Israeli conglomerate Delek Group yesterday announced that it had agreed to sell Roadchef, one of Britain’s leading roadside service area businesses, to European fund Antin Infrastructure Partners for about £153m. Delek Group, owned by multi-billionaire Yitzhak Teshuvah, holds major shares in numerous new-found gas fields in the eastern Mediterranean. The sale of Roadchef is part [...]
SAB Miller offer rebuffed by Heineken September 14, 2014 BREWING giant SAB Miller has considered an offer for smaller independent rival Heineken in a deal that would have helped to protect it from a takeover bid from AB inBev. SAB Miller is understood to have approached Heineken two weeks ago with a preliminary offer, according to Bloomberg News, which was then rejected by the [...]
Dubai Mall owner aiming for £1bn IPO in UAE’s biggest flotation since financial crisis September 14, 2014 The biggest flotation in the United Arab Emirates (UAE) since the global financial crisis seven years ago is underway as Dubai’s Emir Malls Group (EMG) is hoping to raise nearly $1.6bn (£983m) from the sales of shares. EMG is offering 2bn shares, worth around 15.4 per cent of equity, with the price range set [...]