Oxford Street: Vacancy rates back to pre-Covid levels as Euros and Olympics to give London a tourist boost June 5, 2024 Just two per cent of units across Oxford Street are now either vacant or let to “low quality” retail units, in the latest signal recovery is underway at London’s biggest shopping district.
Tiktok: Chinese-owned app hit with cyber attack as CNN, Paris Hilton and Sony targeted June 5, 2024 Despite its popularity amongst American teens, Tiktok must sell to a non-Chinese entity by January 2025, amid national security concerns.
Starmer accuses Sunak of lying over £2,000 tax claim June 5, 2024 James Bowler, permanent secretary at the Treasury, said the figure "should not be presented as having been produced by the Civil Service".
Monzo and Starling diverge on European expansion plans June 5, 2024 The UK's two leading digital-only banks are diverging in their approach to international expansion as they target new markets ahead of expected stock market listings.
Interest rate cuts edge closer after ‘very encouraging’ inflation news June 5, 2024 Following today’s release, Rob Wood, chief UK economist at Pantheon Macroeconomics, said April’s worryingly high inflation figures were a “flash in the pan”.
Sketch: ITV leaders debate was political ‘pinball machine’ June 5, 2024 The first chance to witness Keir Starmer and Rishi Sunak tear chunks, or at least nuggets, out of one another came during the ITV leaders debate.
Angle: Pharma firm’s share price plunges after missing market forecasts June 5, 2024 Angle also today announced a plan to raise about £8.5m through a combination of new share placements and subscriptions.
London data firm Preqin exploring sale at £1bn-plus valuation June 5, 2024 Financial data group Preqin is reportedly exploring a sale that could value the firm in excess of £1bn in the latest sign of consolidation in the sector.
VP profit falls as Brandon Hire Station and housebuilding woes drag on results June 5, 2024 Pre-tax profit fell 90.9 per cent, in large part down to the impact of £27.7m of non-cash impairment at VP's subsidiary, Brandon Hire Station
Workspace: Flexible office provider calls market bottom as workers return to the City June 5, 2024 Flexible office provider Workspace said its “future is bright” after it revealed a 8.7 per cent increase in profit for the year to March.
