Tesco and Sainsbury’s landlord reports profit boom despite declining assets March 13, 2024 Supermarket Income REIT, which rents out properties to some of the UK's biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in the same period.
UK government moves to block Telegraph deal and foreign takeovers March 13, 2024 The amendment may derail the proposed £600m purchase of the Telegraph by an Abu Dhabi-backed investment fund.
Hunt doubles down on ‘long term ambition’ to abolish National Insurance March 13, 2024 Jeremy Hunt today doubled down on his "long term ambition" to abolish employee National Insurance, but economists were doubtful that the measure will ever be implemented.
Lloyds to sell £6bn of Scottish Widows bulk annuities to Rothesay March 13, 2024 After the transfer, policyholders included in the sale will begin to receive benefits normally.
Legal and General hits out at Apple’s plan to keep AI use secret March 13, 2024 Legal and General Investment Management (LGIM) has announced it plans to vote against Apple's use of AI at its upcoming annual meeting.
Boeing’s terrible year keeps getting worse March 13, 2024 Critics should leave no holds barred over the disastrous mess at Boeing. The Alaska Airlines incident lit the flame but it has been years in the making.
Putin launches a game of nuclear chicken in warning to US March 13, 2024 Putin described US President Joe Biden as a veteran politician who fully understands the possible dangers of escalation, and said he does not think the world is heading to a nuclear war.
Abrdn: Investment trust cost disclosure reform ‘at risk of stalling’ March 13, 2024 Reforms around the cost disclosure of investment trust that the sector has been clamouring for are "at risk of stalling", Abrdn has warned.
‘Lab to fab’: Semiconductor firms welcome UK entry to EU chip research scheme March 13, 2024 Semiconductor firms have welcomed the UK’s entry to an EU funding pot for collaboration on “critical” chip research.
PMQs sketch: ‘Healer’ Sunak’s medicine proves placebo for fractious Tories March 13, 2024 With headlines dominated by Tory mega-donor Frank Hester’s racist abuse of former Labour MP Diane Abbott, “is he proud”, Starmer asked, “to be bankrolled” by him?
