State pension triple lock will reportedly be in Conservative manifesto March 21, 2024 The state pension triple lock will be in the Conservative manifesto for a general election, according to multiple reports.
Abrdn Property Income chair blasts ‘misleading’ comments in bidding war March 21, 2024 Urban Logistics REIT has backed down from its bidding war over Abrdn Property Income trust after failing to make a formal offer for the real estate investment trust. Less than an hour before the 5pm deadline yesterday set out by the UK takeover code, the trust announced that it would not be proceeding with an [...]
Wickes chief gets inflation-busting pay rise after ‘proving himself’ March 21, 2024 The chief executive of Wickes has been handed an inflation-busting pay rise after 'proving himself' in the role.
Nespresso challenges Pret and Starbucks opening cafe near Liverpool Street station March 21, 2024 Nespresso will open its first ever cafe near Liverpool Street station, joining the likes of Pret A Manger, Starbucks and Costa to help caffeinate customers on the go.
Channel 4 gears up new investment for ‘overlooked’ start-ups March 21, 2024 Channel 4 has launched a new investment initiative targeted towards “overlooked” start-ups, providing advertising opportunities in exchange for equity as the firm searches for new sources of revenue. The “Untapped” initiative, led by the media company’s investment arm, Channel 4 Ventures, is aimed at providing investment to high-growth businesses led by traditionally underrepresented founders based [...]
Barclays and Citi reportedly prepare for investment bank job cuts amid dealmaking slump March 21, 2024 Banking giants Barclays and Citigroup are reportedly preparing to cut jobs in their investment banking divisions as the sector grapples with a slowdown in dealmaking.
Why Quilter won’t be the next St. James’s Place March 21, 2024 In Quilter's 2023 results that were published this month, the firm revealed that it had been approached by the Financial Conduct Authority
Printing merger between Sun and Daily Mail owners waved through by competition authority March 21, 2024 Plans by the publishers of the Sun and Daily Mail plans to combine their print operations have been waved through by the Competition and Markets Authority (CMA).
UK oil major Wood Group to axe 200 jobs March 21, 2024 The company currently employs around 6,500 in the UK, most of whom are in Aberdeen.
Aquis: Profit jumps 15 per cent for fledgling London exchange March 21, 2024 Exchange Aquis has reported 15 per cent growth in profit before tax despite challenging market conditions last year, with all arms of the business bringing in new revenue. In the company’s full-year results for 2023, it reported net revenue of £22.7m, up 13 per cent from the year before. Profit before tax came in at [...]