Deliveroo ‘underappreciated’ after Hong Kong exit March 10, 2025 London broker Panmure Liberum has described takeaway giant Deliveroo as “underappreciated” after its Hong Kong exit. It added that concerns the company could be pushed out of other international markets by better-funded competitors were “noise”. Deliveroo announced its exit from the Hong Kong market this morning, selling some assets to Foodpanda and closing other assets. [...]
BP boss Murray Auchincloss defends fossil fuel shift March 10, 2025 BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy commitments. Auchincloss is under mounting pressure from BP investors, who are frustrated at the oil major’s underperforming share price. The executive unveiled plans for a “fundamental reset” two weeks ago, which included ditching a series of [...]
Assura likely to recommend new KKR offer to investors March 10, 2025 Healthcare property group Assura said it has received an indicative, non-binding proposal from KKR and Stonepeak Partners for 49.4p per share. The offer, which is a premium of 31.9 per cent to the closing share price of 37.4 pence on February 13, values Assura’s share capital at about £1.6bn. Assura’s share price shot up by [...]
Trump resort vandalised in response to comments on Gaza March 8, 2025 Donald Trump’s Turnberry golf resort has been vandalised by activists in response to the US president’s statements on Gaza. The golf course in South Ayrshire, owned by the US president, was targeted overnight, with activists painting Gaza Is Not For Sale in three-metre high letters on the lawn, and damaging the greens including the course’s most prestigious hole, used in Open Championships. Red spray [...]
Man climbs Houses of Parliament holding Palestinian flag March 8, 2025 Emergency services have been called to the Palace of Westminster where a man has scaled one of the buildings. Video on social media shows a barefoot man stood on a ledge holding a Palestine flag several metres up Elizabeth Tower, which houses Big Ben. At least nine emergency service vehicles lined Bridge Street in central [...]
Barclays apologises after customers unable to access online accounts March 8, 2025 Barclays has apologised after its customers said they have been unable to access their bank accounts online or through the mobile app. There were nearly 1,000 reports of an outage on Saturday, according to outage tracker Downdetector, leaving Barclays customers unable to pay bills or transfer money. The bank has said customers are able to [...]
Harriet Harman appointed UK special envoy for women and girls March 8, 2025 Labour grandee Baroness Harriet Harman has been made the new UK special envoy for women and girls. The former minister will “co-ordinate efforts across the globe” to push for the protection of rights over reproductive health, access to education and freedom from gender-based violence, the Foreign Office said. But concerns have been raised in the [...]
Rupert Lowe asks Nigel Farage to ‘have dinner’ after Reform UK suspension March 8, 2025 Rupert Lowe has asked Nigel Farage to “have dinner” with him after he lost the Reform UK whip following allegations of threatening violence towards the party chairman. The party reported the Great Yarmouth MP to the police, and Scotland Yard has said a complaint of “verbal threats” made on Thursday about an alleged incident last [...]
Government poised for ‘substantial change’ to ZEV Mandate after Nissan lobbying March 7, 2025 The government has indicated it plans to relax electric vehicle sales quotas after Nissan claimed they threatened the future of its Sunderland manufacturing plant. Jonathan Reynolds told the Times a “substantial change of policy” had been agreed. “We will do everything we can to make sure Nissan has that secure long-term future in the UK, [...]
Free Thinking: Will Musk regret putting Trump’s politics before Tesla sales? March 7, 2025 This week on Free Thinking, Alys Denby is joined by writer and City AM columnist Eliot Wilson to discuss whether Elon Musk is paying the price for mixing politics and business.
