Rachel Reeves to claim ‘party of business crown’ with Labour conference speech October 8, 2023 Labour are gunning for the ‘party of business’ crown as Rachel Reeves prepares to unveil a string of policies on planning, building and investment in a bid to woo the private sector. Speaking at Labour conference in Liverpool, the shadow Chancellor will pledge to speed up the race to get critical infrastructure built, drive growth, [...]
Metro Bank: Natwest, Lloyds and Santander UK consider buying parts of lender – report October 8, 2023 The Bank of England has reportedly been canvassing some of the UK’s most high profile banks to gauge their interest in purchasing Metro Bank.
Downing Street and London’s City Hall lit up in Israeli flag after Hamas terror attacks October 8, 2023 Mayor of London Sadiq Khan confirmed "City Hall will be lit up in the colours of the Israeli flag from tonight".
LBC boss says commercial radio must ‘explore new avenues’ October 8, 2023 On its 50th anniversary, commercial radio is thriving, but the chief of a leading UK radio station has said it must stay on its toes if it wants to remain successful for another half a century. “The future of commercial radio should be continuously exploring new avenues and embracing creative approaches so we remain a [...]
The City sees the Tories as a ‘bigger risk to business’, says Reynolds October 8, 2023 The Conservative Party is seen by many people in the City “as the bigger risk to the business community”, Labour’s Jonathan Reynolds told City A.M.
HS2: Plans for Euston section ‘wishful thinking’, says Khan October 8, 2023 London Mayor Sadiq Khan has written to the Prime Minister to "express serious concerns" over plans for the Euston section of the project.
Autonation mulls upping rival offer for Pendragon unit as bidding war intensifies October 8, 2023 One of the largest car dealerships in the US is reportedly considering increasing its bid for Pendragon's forecourts and leasing business.
Metro Bank: Bank of England approached UK lenders to gauge interest in troubled bank October 8, 2023 The Bank of England's Prudential Regulation Authority approached a number of big UK lenders this week to see if they had any interest in taking over British lender Metro Bank, the Financial Times reported.
Renewi shareholders ask bidder to raise £636m stake October 8, 2023 A major shareholder in Renewi has reportedly asked its board not to engage with Australian global financial services group Macquarie until it raises its £636m bid for the firm. According to reports in The Times, the Anglo-Dutch waste management company rejected an offer of 775p a share from Macquarie last month, on the grounds that [...]
Michael Murray insists he is running Frasers, not Mike Ashley October 8, 2023 The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley.