London firm Powerscourt set to be snapped up in £50m deal October 10, 2023 London public relations agency Powerscourt is reportedly teetering on the edge of a sale to a US advisory firm in a deal which could be worth tens of millions. Powerscourt, which reps big name clients such as fashion retailer All Saints and gambling giant Entain, is set to bought by the US-based stakeholder advisory firm [...]
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, [...]
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.
MPs slam Tory mayoral hopeful for saying Jews ‘frightened’ under Sadiq Khan October 3, 2023 Tory mayoral hopeful Susan Hall has been accused of deploying “dog-whistle” politics in her bid to lead City Hall after claiming Jews are “frightened” under Labour’s Sadiq Khan. Senior Labour MPs urged the Conservative candidate to retract the “divisive and disgusting” remarks as the Board of Deputies of British Jews said there is “no fear [...]
London business confidence stalls as concerns around inflation remain for firms October 3, 2023 Easing inflation has failed to improve business confidence in London, with just a quarter of firms anticipating the capital's economy to improve over the next year.
Rishi Sunak refuses to say if HS2 to Manchester is being scrapped – six times October 3, 2023 Rishi Sunak has refused to confirm whether HS2 to Manchester is being scrapped six times while being grilled in a live interview. The Prime Minister insisted to BBC Breakfast he had “absolutely not” given up on the multi-billion pound rail scheme which has dominated the Conservative Party Conference. “We’ve got spades on the ground on [...]
Scrapping HS2 risks wrecking future UK infrastructure, top Tories warn Sunak September 25, 2023 The government risks wrecking the UK’s future infrastructure projects if it goes ahead with “in effect scrapping” the HS2 railway line. Former Chancellor George Osborne and Tory grandee Lord Heseltine have warned Rishi Sunak that failing to complete HS2 would be “an act of huge economic self-harm”. It follows widespread reports the government is considering [...]
Hunt’s mooted ISA reforms offer ‘a beacon of hope’ to struggling firms, business groups say September 24, 2023 Top City business groups have welcomed suggestions the Treasury could reform rules around ISAs in a bid to supercharge London-listed firms.
Government would be ‘crazy’ not to reconsider HS2 costs, minister says September 24, 2023 The government would be “crazy” not to reconsider the costs of the HS2 rail project, Grant Shapps has told the BBC. Shapps said Rishi Sunak was prepared to take “difficult long-term decisions” amid reports the Prime Minister is set to axe the northern leg of HS2. The defence secretary told the BBC’s Sunday with Laura [...]