Boots could return to London market after 16-year hiatus as US owner considers listing December 13, 2023 The American owner of Boots is reviving discussions on selling off the UK pharmacy chain, nearly 18 months after a sale process was shelved. According to Bloomberg, Walgreens Boots Alliance (WBA) has been holding talks about ways to separate the UK-based pharmacy Boots, in a deal that could be valued at about £7bn. Back in [...]
Airbus UK defence chair: Britain must speed up on procurement December 13, 2023 Britain must speed up its defence procurement process amid growing threats, the chairman of Airbus Defence and Space UK has warned.
Key Rwanda safety bill scrapes through crunch Commons vote December 12, 2023 Rishi Sunak has been spared defeat after a key bill declaring Rwanda a safe country for migrant flights scraped through a Commons vote - but could face a future rebellion in the New Year.
Basel III rules set to have ‘low’ impact on UK banks compared to US, says Bank of England December 12, 2023 International rules on bank capital are set to have a "low" impact on UK lenders, according to new adjustments from the Bank of England, as Wall Street warns the same framework could significantly weaken lenders in the US.
Are dividends under threat at Vodafone, BT and peers? December 12, 2023 Why are dividends looking unsustainable for big telecom companies at a time when connectivity is so important?
UK tech scene continues to defy pessimists with three new unicorns this year December 12, 2023 The UK's tech boom continues with three new unicorn startups this year, according to new data by Pitchbook.
Saudi sweep for majority control of Heathrow divides London MPs December 11, 2023 News that Saudi Arabia could be set to take majority control of Heathrow Airport has divided London MPs.
Prince Harry ordered to pay nearly £50,000 to The Mail On Sunday owner over failed application December 11, 2023 The Duke of Sussex must pay lawyers’ bills run up by the publisher of The Mail On Sunday, after losing the latest stage of a High Court libel battle, a judge says. On Friday Prince Harry failed in a bid to have Associated Newspapers’ defence to his libel claim thrown out. Mr Justice Nicklin says [...]
What a cop out! No mention of phasing out fossil fuels in COP28 draft agreement December 11, 2023 The draft has been published on the summit's penultimate day
Private equity investors believe funds are overly hopeful with return expectations December 11, 2023 Private credit is an increasingly attractive area for institutional investors,