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Business

  • John Laing Infrastructure Fund £1.4bn deal nears completion as board agrees takeover terms

    September 19, 2018

    John Laing Infrastructure Fund’s (JLIF) board has agreed to a major acquisition deal this morning, giving a green light to a £1.4bn takeover for one of the UK’s largest infrastructure investors. JLIF, which owns part of landmarks such as the Ministry of Defence headquarters, said it had received no competing proposals for the acquisition made [...]

  • John Laing Infrastructure Fund £1.4bn deal nears completion as board agrees takeover terms

    September 19, 2018

    John Laing Infrastructure Fund’s (JLIF) board has agreed to a major acquisition deal this morning, giving a green light to a £1.4bn takeover for one of the UK’s largest infrastructure investors. JLIF, which owns part of landmarks such as the Ministry of Defence headquarters, said it had received no competing proposals for the acquisition made [...]

  • Piccadilly Line running with severe delays at rush-hour peak

    September 19, 2018

    Rush-hour commuters are facing severe delays across the entire Piccadilly Line this morning following a signal failure at Russell Square. TfL urged passengers to find other ways to get to work while it resolves the issue: https://twitter.com/TfLTravelAlerts/status/1042303446152564736 Yesterday the DLR was out of action until the mid afternoon following a signal failure at West India Quay. [...]

  • Piccadilly Line running with severe delays at rush-hour peak

    September 19, 2018

    Rush-hour commuters are facing severe delays across the entire Piccadilly Line this morning following a signal failure at Russell Square. TfL urged passengers to find other ways to get to work while it resolves the issue: https://twitter.com/TfLTravelAlerts/status/1042303446152564736 Yesterday the DLR was out of action until the mid afternoon following a signal failure at West India Quay. [...]

  • B&Q owner’s profits slide 30 per cent following ‘weak’ business in France

    September 19, 2018

    Kingfisher, the owner of B&Q, has seen its pre-tax profits plunge in the first half of this year as the company goes through organisational upheaval. The Figures Pre-tax profits fell 30.1% to £281m. The firm is undergoing a major reorganisation, which it says is being made more difficult by tough trade conditions. The firm also [...]

  • B&Q owner’s profits slide 30 per cent following ‘weak’ business in France

    September 19, 2018

    Kingfisher, the owner of B&Q, has seen its pre-tax profits plunge in the first half of this year as the company goes through organisational upheaval. The Figures Pre-tax profits fell 30.1% to £281m. The firm is undergoing a major reorganisation, which it says is being made more difficult by tough trade conditions. The firm also [...]

  • Competition watchdog applies further scrutiny to Sainsbury’s-Asda merger

    September 19, 2018

    Sainsbury’s and Asda’s proposed merger will receive further scrutiny after the Competition and Markets Authority (CMA) said concerns over the deal merit deeper investigation. The watchdog warned that the two supermarkets “overlap in hundreds of local areas”, meaning shoppers could face higher prices or worse service if the two were to merge, after its phase [...]

  • Competition watchdog applies further scrutiny to Sainsbury’s-Asda merger

    September 19, 2018

    Sainsbury’s and Asda’s proposed merger will receive further scrutiny after the Competition and Markets Authority (CMA) said concerns over the deal merit deeper investigation. The watchdog warned that the two supermarkets “overlap in hundreds of local areas”, meaning shoppers could face higher prices or worse service if the two were to merge, after its phase [...]

  • ‘Wild West’ world of cryptocurrencies needs to be regulated, MPs warn Philip Hammond

    September 19, 2018

    The "Wild West" world of cryptocurrencies needs to be independently regulated to protect customers and prevent money-laundering, a powerful group of MPs today demanded. A report from the Treasury Select Committee warns the current system of self-regulation is not fit for purpose, and adverts promoting digital currencies are often misleading. Among the problems facing cryptocurrency [...]

  • ‘Wild West’ world of cryptocurrencies needs to be regulated, MPs warn Philip Hammond

    September 19, 2018

    The "Wild West" world of cryptocurrencies needs to be independently regulated to protect customers and prevent money-laundering, a powerful group of MPs today demanded. A report from the Treasury Select Committee warns the current system of self-regulation is not fit for purpose, and adverts promoting digital currencies are often misleading. Among the problems facing cryptocurrency [...]

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