Rental crisis to get worse as earnings ‘won’t keep up’ with London flats Property Rents are likely to continue growing over the coming years, turning a rental crisis into a perma-state in London
HSBC wants to pay top brass Wall Street salaries Banking The bank told its investors that it plans to discuss restructuring how Noel Quinn, the firm’s CEO, is remunerated even though his pay nearly doubled last year to £10.6m thanks largely to long-term performance bonuses kicking in.
Sunak pushes for more seizures of Russian assets in UK to aid Ukraine Ukraine The prime minister has said the UK “must be bolder in seizing hundreds of billions in assets".
Next silent on reports it is eyeing The Body Shop February 25, 2024 Next has reportedly been weighing up buying parts of The Body Shop after the high street cosmetics chain fell into administration last week.
Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20 February 12, 2024 Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation.
Over a quarter of lawyers use AI tools despite security fears February 12, 2024 The number of lawyers using generative AI tools at least once a month has more than doubled in half a year, according to a survey.
Britain on a ‘downer’, says IWG boss as firm mulls US listing February 11, 2024 The boss of IWG has branded Britain as being on “bit of a downer” as the company continues to mull over a potential switch from a UK to a US listing. Mark Dixon, who founded the flexible working firm formerly known as Regus in 2016, said that the UK economy “looked very sluggish from the [...]
Adnams hires City advisers to search for new funds February 11, 2024 Adnams, one of the UK’s largest brewers, has appointed advisers to help it attract new funds to shore up its bottom line.
Biden’s liquified natural gas halt sparks outcry from energy giants February 4, 2024 The US President’s pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries is facing backlash from some of the world’s biggest energy giants. The oil sector’s top brass, including Shell’s CEO, have criticised Joe Biden’s move to put on hold any approvals for LNG export terminals, saying [...]
Inconsistent UK policymaking is ‘holding back investment’, says Veolia boss January 21, 2024 Waste giant Veolia is frustrated at the way the government has tackled legislating the waste management sector in the UK.