P&O found staff consultations would cost it £309m before sudden sackings March 28, 2022 Beleaguered ferry firm P&O found that it would cost £309m to run the business while while consulting with staff over job losses, as it mulled options to keep the company afloat.
Exclusive: Top property platforms launch trade body to combat misleading investor information March 28, 2022 A group of top property investment platforms have launched a trade body today to combat the spread of misleading investment information, ahead of a predicted flood of funding from retail investors into the space.
Sadiq Khan reveals £1.3bn procurement spend with small London firms March 27, 2022 The Mayor of London Sadiq Khan has revealed £1.3bn will be pumped into the capital’s small businesses over the next five years via contracts with a group of major organisations including TfL and NHS London.
Government plans to take stake in Sizewell C plant in nuclear push March 27, 2022 The government plans to snap up a 20 per cent stake in a major new nuclear plant in Suffolk as it scrambles to boost the country’s energy security amid soaring energy prices and war in Ukraine.
Zurich axes Z symbol after letter is adopted by pro-war groups March 27, 2022 Insurance giant Zurich has scrapped the use of its ‘Z’ logo from social media after the letter became appropriated as a symbol for support of war in Ukraine.
Short sellers pile into Royal Mail after top investor feels the strain of war March 27, 2022 Short sellers are piling into bets against Royal Mail after the shocks of war in Ukraine put the squeeze on its largest investor, Czech billionaire Daniel Kretinsky.
Boots IPO still possible if private equity firms do not cough up, says owner March 27, 2022 One of the owners of high street chemist Boots says floating the chain as a standalone firm is not off the table if private equity firms do not cough up a suitable bid.
Credit Suisse investors demand chance to hold bosses to account over Greensill March 27, 2022 Shareholders of Credit Suisse are piling pressure on the bank’s board to scrap plans for a vote that would absolve directors and executives for the Greensill scandal, after the firm failed to publish a full report into its failings.
Gorillas on the hunt for fresh $500m funding injection March 27, 2022 Rapid grocery delivery firm Gorillas is looking for a fresh $500m funding injection to fuel its growth as investor cash continues to pour into the sector.
Exclusive: Competition watchdog to unveil open banking regulatory committee after fintech pressure March 25, 2022 The competition watchdog is set to unveil a new committee of regulators tomorrow to oversee the rollout of open banking technology, after sustained pressure from fintechs.
