Ian King quits Business Live and will leave Sky News in Spring December 6, 2024 Presenter Ian King has quit Business Live and will leave Sky News early next year, it has been announced. King has been with the news channel for ten years and has “agreed to contribute analysis and reporting” to Sky News’ website over the coming months ahead of his departure. The move comes after City AM [...]
The Independent’s profit soars after TV and US growth October 7, 2024 British online news site The Independent has seen profits soar on the back of its success in TV and US expansion, lining it up for double-digit revenue growth in 2024. In its financial year 2023, operating profit shot up by 82 per cent to £3.5m, from £1.9m the previous year, despite flat annual revenue at [...]
Richard Branson’s Virgin Hotels to open first London hotel in Shoreditch June 13, 2024 Virgin Hotels, the luxury lifestyle hospitality brand owned by Sir Richard Branson’s Virgin Group, has announced its first London hotel will open this August in Shoreditch.
Urban Pubs and Bars aims to double estate as expansion continues June 10, 2024 Bosses at Urban Pubs and Bars have said they hope to double the size of the London pub group amid continued strong demand from punters.
Oxford Street: Vacancy rates back to pre-Covid levels as Euros and Olympics to give London a tourist boost June 5, 2024 Just two per cent of units across Oxford Street are now either vacant or let to “low quality” retail units, in the latest signal recovery is underway at London’s biggest shopping district.
Pawnbroker Ramsdens boosts dividend as cash-strapped Brits fuel profit surge June 5, 2024 The pawn industry is a sector that tends to perform well in times of economic downturn as people grow desperate to shore up extra cash.
Blackstone in ‘exclusive’ talks to buy Village Hotels June 4, 2024 Private equity investor Blackstone is reportedly in exclusive talks to buy mid-market chain Village Hotels for circa £850m.
Pubs with rooms drive up revenues at London and south west pub group June 3, 2024 Pub owner Liberation Group has revealed “record” sales for the year, helped by growing demand for its accommodation services.
Nightcap ‘disappointed’ and ‘unaware’ Revolution takeover could not be delivered May 30, 2024 Nightcap has been turned down by Revolution, but the former has said there seems to be no reason for the rejection.
Blackstone: Investment manager enters £850m race for Village Hotels May 29, 2024 Private investment giant Blackstone has reportedly entered the £850m auction to buy mid-market hotel chain Village Hotels.