London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Goldsmith gets go-ahead from voters to run for London Mayor June 23, 2015 Zac Goldsmith has officially joined the race for City Hall after voters in his constituency voted overwhelmingly in favour of him running to replace Boris Johnson. Goldsmith, who has been an MP for Richmond Park since 2010, announced his intention to run last week, but said that he would only throw his hat into the [...]
Shared parental leave: Workers overwhelmingly back paid granny leave June 23, 2015 Two-thirds of workers would be willing to share their paid parental leave with their own mums and dads, according to a new poll. Sixty-six per cent of parents polled by Survation earlier this year said that if they did not want to use all of their paid parental leave themselves, it should be possible for them [...]
US and Qatari team gears up for £5bn F1 deal June 23, 2015 FORMULA 1 could make its first breakthrough into the US market if a deal being put together by the owner of American football team the Miami Dolphins and Qatar Sports Investments is successful. RSE Ventures, founded by US real estate and sports tycoon Stephen Ross, is targeting a 35.5 per cent stake, currently owned by [...]
Chemring aiming for strong second half June 23, 2015 DEFENCE firm Chemring is hoping to pull its performance up in the second half of this year, after blaming prolonged negotiations and delays in the Middle East for a poor showing in the six months to 30 April. The group posted a £15.1m loss in the first half, compared with a £5.1m pre-tax profit in [...]
The Lanesborough to reopen in July after 18 month revamp under new owners Abu Dhabi Investment Authority June 23, 2015 London’s luxury hotel The Lanesborough is set to reopen its doors next month for the first time in 18 months after its Abu Dhabi owners splashed out on a multi-million pound makeover. The historic hotel – which overlooks Hyde Park corner and Buckingham Palace gardens – accommodated politicians, royalty and even disgraced financier Bernie Madoff [...]
UK hotel stay costs £76 more than in Europe June 23, 2015 THE COST of staying in a hotel in the UK for business travellers is £76 more expensive than in Europe, as the weakening euro makes a visit to the continent more appealing, a new study of released yesterday shows. Business travellers typically spend an average of £87 per room, per night in the UK compared [...]
City slickers from Goldman Sachs, Morgan Stanley and Moore Capital take to the high seas for charity June 23, 2015 While some like to spend their holidays on a beach, cocktail in hand, London’s traders and analysts clearly like adventure. So it is that teams from Goldman Sachs, Morgan Stanley and Moore Capital are set to row across the Med next month. Saddle sores, aches, bruises and blisters in unfortunate places await them, as they [...]
City of London Festival: Edinburgh Fringe faces fresh rival from the Square Mile June 23, 2015 Jealous of your rural friends festival-hopping their way around the British countryside? Don’t be; the City of London festival opens this week, bringing workers all the acrobatics and entertainment they can fit into their lunch break. The 53rd edition of the City of London Festival starts this week. With over 200 events spanning three weeks, [...]
Motif Bio raises £22m as it tries to speed the progress of new drug June 23, 2015 Just two months after first listing, Motif Bio reached another milestone yesterday as it announced a £22m capital injection, raised through the placing of 44m new shares. The Aim-listed biopharmaceutical company also revealed it had appointed Zeus Capital as its nominated adviser and joint broker, with immediate effect. Motif Bio, which floated on the junior [...]
Proteome share price dips after placing to increase funds June 23, 2015 Aim-listed Proteome Sciences has raised £2.5m through the placing of over 13.8m shares at a price of 18p each, the firm announced yesterday. The company said it will use the funds from the placing to increase capacity and shorten lead times to ensure the group can “continue to meet the significant increase in demand for [...]
