Israel hits Iran with ‘missile attack’ near nuclear site as markets watch oil prices April 19, 2024 Iranian air defence batteries were launched on Friday morning after explosions near the city of Isfahan, in the centre of the country, according to its state-run IRNA agency.
US hedgie Citadel makes big bet on London with space in another new skyscraper April 18, 2024 Three-quarters of a million square feet of workspace will be available for returning City workers with the deal, as a pre-let agreement has secured at least a third of the space already.
Post Office chief Nick Read ‘exonerated of all misconduct’ claims in external report April 17, 2024 The head of the Post Office has been “exonerated of all misconduct allegations” in an independent and unseen report released today. Nick Read was let off the hook by an external report, which former chair Henry Staunton claimed contained accusations about his behaviour. Among claims were related to Read’s “conduct and lack of his management [...]
‘It is a national disaster’: Copenhagen’s historic Stock Exchange engulfed in flames April 16, 2024 Footage on social media showed the fire engulfing much of the building, with the famous spire collapsing onto the road below.
TGI Fridays acquired by listed UK outfit in rare win for the capital April 16, 2024 The "transformational combination" would merge "TGI Fridays' largest franchisee with the global franchisor", and is being classed as a reverse takeover.
Keir Starmer: Nuclear ‘triple-lock’ is ‘bedrock’ of Labour policy with 2.5 per cent of GDP for defence April 12, 2024 Keir Starmer committed Labour to spend 2.5 per cent of UK GDP on defence while saying a commitment to nuclear weapons was a 'bedrock' of policy.
Regulator floats reversal of key part of Mifid II as current rules ‘restrict’ UK asset managers April 10, 2024 It said today that following a consultation, it will open up new doors by giving them more freedom and choice in how they pay, amid concerns it makes UK asset managers internationally uncompetitive.
‘Lack of appetite’ in London drives another high-tech firm to Nasdaq April 10, 2024 In a statement to markets this morning, London-HQd e-therapeutics said it has "an intention to cancel its admission to AIM and subsequently explore the option of listing on NASDAQ in due course."
Spotify to hike price of ad-free premium service to almost £12 April 9, 2024 A Spotify spokesperson told City A.M. they did it “so that we can keep innovating and delivering value to fans, the music industry, and creators on our platform, we occasionally update our prices".
Early Easter boosts retail as Brits splash out on food and homeware before summer April 9, 2024 Retail leaders also issued warnings about impending costs such as the rise in minimum wage and business rate hikes, urging the government and Labour to take more action ahead of the General Election.