Fancy a Mayor of London cocktail? Bar chain may name drink after Khan over Friday tube fare trial March 2, 2024 Pubs, bars, restaurants and entertainment venues were breathing a sigh of relief this morning, after the Mayor of London announced a three month trial for off-peak tube and rail tickets on Fridays.
Lumo chief: More commercial freedom will bring down rail fares March 2, 2024 Bringing more commercial freedom to the UK's rail system will help bring down fares for passengers, the boss of Lumo and Hull trains has argued.
Why did Bitcoin surpass £50,000 for the first time this week? March 2, 2024 Bitcoin prices hit their highest ever level on Thursday, surpassing £50,000 for the first time. After peaking in 2021 at the $60,000 mark, it then eventually crashed to around $17,000 last year, but has now recovered. Jason Hollands, managing director at Evelyn Partners, said that the recent rally had “almost certainly been powered by its [...]
The week that was: St James’s Place and Reckitt lead painful few days for the City March 2, 2024 A week in which 50 firms posted their final results was always going to produce some news. St James's Place and Reckitt defined a bruising few days for the Square Mile.
Jeremy Hunt piles pressure on pension funds to back British firms in fresh City shake-up March 2, 2024 Pension funds will be forced to reveal how much of their cash is invested in UK companies and poorly performing schemes will be blocked from taking on new business, in a bid to get retirement cash flowing into the economy, the Treasury has announced,
Rishi Sunak warns victory of George Galloway is “beyond alarming” at public address March 1, 2024 Prime Minister Rishi Sunak said the victory of George Galloway in the Rochdale by-election is “beyond alarming”. Speaking outside Downing Street on Friday, he said: “In recent weeks and months, we have seen a shocking increase in extremist disruption and criminality. “What started as protests on our streets have descended into intimidation, threats and planned [...]
Approval for £144m US takeover of UK’s largest microchip plant Nexperia March 1, 2024 The £144m takeover of the UK's largest microchip plant by a New York-listed group has been approved by the Government.
A&O Shearman elects leadership team effective in May once merger completes March 1, 2024 Magic Circle firm Allen & Overy (A&O) has elected its senior partner and managing partner that will take over post-merger of A&O Shearman
Women more likely to find top roles at family-run businesses – here’s why March 1, 2024 The analysis, compiled from the 2023 London Stock Exchange and IPO data and conducted by Investec Wealth & Investment (UK), showed just 16 per cent of directors of the firms that completed IPOs in 2023 are women.
Court told that Matt Hancock’s tweet did not name Andrew Bridgen in ongoing libel battle March 1, 2024 Andrew Bridgen’s claim of libel from a tweet issued by Matt Hancock “fails to set out” any evidence that the tweet was about him, a court was told. The expelled former Tory MP Andrew Bridgen launched legal action against the ex-health minister and current independent MP, Matt Hancock last year. Bridgen had the whip removed [...]