Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector March 18, 2024 According to data by accounting firm Mazars, last year (ending December 31), 69 UK breweries went insolvent, up from 38 a record for 2022.
Ofcom could sanction GB News over five shows hosted by Tory MPs which breached rules March 18, 2024 Ofcom has warned it could sanction GB News after it has found five of the broadcaster's programmes to have breached its broadcasting code.
Bidding war: Urban Logistics pleads for Abrdn Property to accept bid March 18, 2024 Last week, the Abrdn trust confirmed that it would be recommending to shareholders that they vote in favour of a merger with Custodian, as it had originally planned to before a second offer was made.
Britain to trial ‘flying taxis’ by 2026 and explore possible £45bn boost to economy with new drone tech March 18, 2024 Britain's first flying taxis will be trialled in 2026 and could come into wider use by the end of the decade, the government has announced.
Hipgnosis warns of overcharging issues after inflating its value March 18, 2024 The board of the embattled investment trust Hipgnosis Songs Fund has reduced its estimated operative net asset value (NAV) by 7.6 per cent after admitting it had mistakenly double counted accrued revenue. The error inflated the trust’s operative NAV from $1.995bn to $2.103bn, and the trust’s board has laid the blame for the mistake at [...]
Monzo reportedly in talks to sell stake to Singaporean state fund March 18, 2024 Digital challenger bank Monzo is reportedly close to landing a roughly $50m (£39.3m) funding round with a Singaporean sovereign wealth fund, just weeks after securing a near-£4bn valuation.
Gove says London being ‘let down’ as probe launched into Khan’s housing strategy March 18, 2024 Housing secretary Michael Gove said Londoners are being “let down” by the Mayor’s “chronic under delivery” of new homes, as he launches a probe into Sadiq Khan's housing strategy.
UK credit card debt jumps as household finances squeezed in warning sign for the economy March 18, 2024 Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.
City Hall: Sadiq Khan pledges 40,000 new homes at re-election campaign launch March 18, 2024 Sadiq Khan has officially launched his campaign to be reelected as mayor of London for a record third term.
FCA: Cum-ex trader hit with £5.95m fine for ‘sham’ trading scheme March 18, 2024 The Financial Conduct Authority has slapped a so-called cum-ex trader with a £5.95m fine and banned him from working in financial services today for his role orchestrating a “sham” trading scheme.