Panmure Liberum to cut dozens of jobs after landmark City merger June 3, 2024 Newly-formed investment bank Panmure Liberum is planning to cut more than two dozen jobs after a merger between two of the City's leading brokers earlier this year.
Investment firm Riverrock faces £2.6m investor lawsuit in London June 3, 2024 Riverrock European Capital Partners has been hit with a €3m (£2.6m) lawsuit by three investors over a failed move to take a stake in the company
Investec hits rugby club Featherstone Rovers with winding-up petition June 3, 2024 The asset arm of investment firm Investec has filed an application to the High Court against rugby league club Featherstone Rovers
TGI Fridays owner Hostmore shutters another cocktail bar amid sales slump June 3, 2024 TGI Friday's owner Hostmore said sales fell this year and confirmed the closure of another cocktail bar just three years after its launch.
Weetabix: New boss named at breakfast cereal favourite June 3, 2024 A new boss has been named at cereal giant Weetabix ahead of its current managing director's retirement.
Top London film studio behind Whitney Houston biopic secures multi-million pound injection June 3, 2024 Next month, Dimension will officially open the doors to a new virtual production complex in West London.
Line of Duty maker doubles profit thanks to Netflix and BBC streaming deals June 3, 2024 The production company behind the likes of Line of Duty, The Diplomat and Bodyguard doubled its profit in 2023 thanks to deals with Netflix and the BBC.
GSK shares drag the FTSE 100 as company faces muli-billion pound bill after Zantac trial ruling June 3, 2024 GSK has hit back against a US ruling that found it could be sued over the potential cancer-causing properties of its heartburn drug Zantac.
GSK: How much could the Zantac lawsuits cost? June 3, 2024 Last month, Shore Capital analysts estimated that up to $30bn (£24bn) for litigation was already priced into GSK’s shares.
London might be behind on IPOs… But there is one bright spot June 3, 2024 We all know the London Stock Exchange is doing badly on IPOs, but follow-ons represent a bright spot in the market.