FA Cup Final hit with fresh rail strike as Manchester fans face disruption getting to London April 27, 2023 The FA Cup Final and Eurovision Song Contest will be disrupted as ASLEF train drivers’ union today announced a series of 24-hour strikes. The 24-hour strikes will take place on Friday 12 May, Wednesday 31 May, and Saturday 3 June, which coincide with FA cup final between Manchester United and City, the last of the [...]
London: Shot in the arm for West End as Uniqlo UK boss says Covent Garden is the place to be April 27, 2023 Fashion chain Uniqlo said it was committed to London after opening its second store in six months. Alessandro Dudech, chief operating officer at Uniqlo UK said the company regarded it as honour to be opening a store in Covent Garden. He said it was an area of London with “cultural and retail heritage”. He added: [...]
‘I knew I wouldn’t be loved’: The FCA’s ESG chief talks ruffling feathers in the fight against greenwashing April 27, 2023 ESG has become the City’s favourite acronym over the past three years and almost every boss and investment manager has scrambled to plant their flag on the standards as closely as they possibly can. But those claims and labels don’t always stand up to scrutiny. Greenwashing is running rampant. Clean and green claims are being [...]
Glencore to pay Norsk Hydro £562m for Brazilian assets April 27, 2023 Norwegian aluminium producer Norsk Hydro will sell multiple mineral assets Swiss miner and commodity trader Glencore.
Teck Resources withdraws plan to split as Glencore circles miner April 27, 2023 Teck Resources has withdrawn its plan to split in two, a surprise development just ahead of a key shareholder vote.
Draft rules for UK gambling sector expected to be published today April 27, 2023 The long-awaited gambling white paper setting out government proposals to make regulation of the sector “fit for the digital age” is expected to be published today. Campaigners are hopeful it will include plans for affordability checks and the introduction of a statutory levy on gambling operators to pay for research, education and treatment of problem gambling. Other measures hoped to feature [...]
Taylor Wimpey axed 450 jobs as construction giant sounds housing market warning April 27, 2023 Up to 450 jobs have been cut as home construction firm Taylor Wimpey as it looks to deliver £19m in cost savings. Ahead of its AGM today, the London-listed firm said spring had helped in year to date sales, while severe challenges remained for first time buyers still. In a trading update, it said a [...]
Schroders calls in new finance chief as assets tick upwards April 27, 2023 Schroders has announced its finance chief Richard Keers will step down from the firm later in the year as it reported a bump in assets under management in the first quarter.
AstraZeneca: Cancer medicine sales offset a post-pandemic slump in Covid drugs April 27, 2023 AstraZeneca reported a slight dip in sales but beat forecasts on the back of a boost in sales of oncology medicines. The pharmaceutical company reported a 4 per cent fall in revenue to $10.9bn (£8.7bn) on Thursday morning. Sales of oncology drugs helped compensate for a $1.5bn (£1.2bhn) fall in Covid-19 medicines, the company said. [...]
London Stock Exchange Group posts rise in profits as data division cashes in April 27, 2023 The London Stock Exchange Group said its “strategy continues to deliver” this morning as it shrugged off a slowdown in equity markets and notched a rise in profits in the first three months of the year. In a trading update today, the owner of the London Stock Exchange said gross profits had risen 13.9 per [...]
