London Gatwick co-owner strikes £1.27bn deal for majority stake in Edinburgh Airport April 17, 2024 A majority stake in Edinburgh Airport has been acquired by French infrastructure group Vinci for £1.27bn, it has been confirmed.
Skyports: Flying taxis company raises £88m ahead of 2026 launch April 17, 2024 Skyports, a London-headquartered company developing flying taxis and vertiports, has raised $110m (£88.3m) to build a site in Dubai and launch services in 2026.
De La Rue: ‘Welsh Wizard’ investor hoping to cast spell over banknote maker’s shares April 16, 2024 An investor known as the 'Welsh Wizard' in City of London circles has increased his stake in De La Rue, the company that makes UK passports and banknotes.
The cheapest stocks in the cheapest market: UK small caps set to shine with earnings growth April 16, 2024 The smaller companies in the UK have had a rough time of it recently, with the FTSE Smallcap index down 8.4 per cent over the last two years, compared to a rise of around four per cent for the FTSE 100.
Jet2 founder lowers stake after shares climb takes airline and holidays group’s value past £3bn April 15, 2024 The founder of budget airline and holidays operator Jet2 has lowered his stake in the group after stepping down as its chairman last year.
Vanguard names new boss to lead European investment arm April 10, 2024 Investment giant Vanguard has announced the new boss of its European division.
Third Point changes strategy on activist investors in bid to fix discount April 9, 2024 Hedge fund Third Point has appointed a duo of activist investors to its board in a bid to close the trust's wide gap between its net asset value and share price, despite previously strongly opposing them.
Loss-making Dim T and Wildwood restaurants to close as owner Tasty bids to avoid collapse April 9, 2024 Tasty plc, the restaurant group behind the Dim T and Wildwood brands, is looking to close 20 of its sites and secure new funding in order to avoid collapsing.
Motel One valued at £3.5bn after Proprium sells 35 per cent stake to majority shareholder April 9, 2024 Motel One has been valued at €4.1bn after a 35 per cent stake was sold to its majority shareholder.
UK ‘still going backwards’ as it scores three out of ten on energy security pledges April 8, 2024 The research contends that the government has failed outright on four of its targets set out in 2022 and only partly progressed three more.