Home REIT investors move to sue the firm after portfolio craters in value December 20, 2023 Shareholders of beleaguered housing investor Home REIT have moved to formally sue the company and its investment manager today after it revealed its property portfolio was now worth less than half of what it initially paid.
London Stock Exchange boss: Listing rules shake-up is just ‘one part’ of required reform December 20, 2023 The Financial Conduct Authority is taking “decisive steps” to overhaul London’s listing regime but tweaking the rules is just "one part" of the reform need for UK capital markets, the London Stock Exchange chief has warned.
Green light granted for Shepherds Bush redevelopment December 20, 2023 The owners of Shepherds Bush market have won planning permission for a major redevelopment of the 100 year old landmark.
Government sets ‘ambitious’ target to grow rail freight by 75 per cent December 20, 2023 An “ambitious” target of growing rail freight by at least 75 per cent by 2050 has been set by Transport Secretary Mark Harper.
Revolut reportedly set for £1.5bn in revenue on higher European interest rates December 20, 2023 Revolut is set to see revenue of more than £1.5bn in 2023, according to an investor presentation seen by Bloomberg, as the pan-European fintech receives a boost from higher interest rates.
HSBC to boost UK tech growth lending fund by £100m December 20, 2023 HSBC will increase the size of its Growth Lending fund by £100m to £350m.
Mobile operator Lebara considers sale after pandemic boosts customer numbers December 20, 2023 London-based mobile network provider Lebara is considering a sale or an IPO
Wellingborough by-election: More trouble for Sunak as Peter Bone loses seat December 20, 2023 Rishi Sunak is set to lead his party into yet another by-election early in 2024, after Conservative MP Peter Bone’s constituents voted to oust him from the Commons.
Bahrain widens grip on McLaren Group December 20, 2023 McLaren Group shareholders have approved a "full recapitalisation" of the company under a deal with Bahrain's sovereign wealth fund.
Mike Ashley beefs up Frasers with bargain Matchesfashion deal December 20, 2023 Retail tycoon Mike Ashley has bought yet another struggling retail brand, snapping up Matchesfashion in a discounted deal.
