FTSE 100 live: London index steady as China growth target disappoints investors March 6, 2023 The FTSE 100 has barely moved this morning, after China disappointed investors with modest growth targets for the year.
Boris Johnson puts father Stanley Johnson forward for knighthood – reports March 6, 2023 Boris Johnson has put his father Stanley forward for a knighthood as part of his resignation honours list, according to reports. The Times newspaper reports that the former prime minister, who left office last September, has nominated Stanley Johnson for the honour. A spokesperson for the Johnson said: “We don’t comment on honours.” The PA [...]
Capita offloads resourcing wing as it continues bid to reduce £482m debt bill March 6, 2023 Outsourcing giants Capita has agreed the sale of its resourcing wing for £21m, as it continues its bid to slash its debts. The company has offloaded Capita Resourcing, HR Solutions and ThirtyThree to Inspirit Capital, and will take in £17m for the agreement. In Capita’s results on 2 March, it reported a 2.4 per cent [...]
War games: UK pilots to hold joint mission with Germany in Nato member Estonia, right on Russia’s border March 6, 2023 British pilots are set to conduct joint air policing missions in Estonia alongside the German air force for the first time. It comes as the UK prepares take over from Germany to lead the Nato mission in Estonia, which borders Russia. Royal Air Force and German Air Force Typhoon jets will take part in the [...]
Home REIT rent troubles deepen as two major tenants go bankrupt March 6, 2023 Beleaguered social housing investor Home REIT revealed that two of its tenants had gone into administration this morning, effectively shutting off another 18 per cent of its annual rent roll.
WANdisco in ‘early stages’ of US listing as another city firm rejects London for a New York flotation March 6, 2023 Data giant WANdisco has confirmed that it is in the “early stages” of preparing to list its shares in the US, however has reaffirmed its commitment to London’s investment market. The £1bn software group was responding to rumours that the group was preparing to list its shares in the US amid an ongoing debate about [...]
Sir Frederick Barclay facing next round of High Court divorce fight with ex wife March 6, 2023 Retired businessman Sir Frederick Barclay is to face the next round of a High Court fight over money with his ex-wife. A judge ordered Sir Frederick, 88, to hand Lady Hiroko Barclay, 80, lump sums totalling £100 million in May 2021 following the breakdown of their 34-year marriage. Sir Jonathan Cohen said at the time [...]
How farmers with better data could help prevent future food shortages March 6, 2023 Farmers need access to better data to predict fertiliser prices to ensure the UK's food security, argues the NFU.
Electric dreams: Is the government really prepared to save car industry after Britishvolt chaos? March 6, 2023 The collapse and revival of Britishvolt raises questions over how the government can revive the car industry - if it wants to.
As a government, we need to bring tech success to ordinary Brits’ lives March 6, 2023 In my new role as Technology Secretary, it won’t surprise you to hear that I get hundreds of emails, and many of them end with that familiar automated line “sent from my iPhone”. I am sure everyone reading this will have had the same, and never thought twice about it. But this week, as I was thinking [...]
