German Doner Kebab owner eyes New York listing as chain swells quickly July 12, 2022 The owner of the German Doner Kebab chain has said it is eyeing floating on the New York stock exchange. Scotland’s Hero Brands, which owns the rapidly expanding kebab chain as well as Island Poké and Choppaluna, is mulling a public listing across the pond. Imran Sayeed, boss of the Glasgow-based business, told Times Enterprise [...]
It’s time for the crypto world to get over FUD and FOMO July 12, 2022 Fear, uncertainty and doubt have overtaken the primal fear of missing out, says AAX's research and strategy chief Ben Caselin.
Energy bodies call for boost in grid infrastructure after Ofgem unveils plans for new system operator July 12, 2022 Leading industry bodies have welcomed Ofgem's proposal for a new overseer of strategic planning for the UK's energy system.
Bitcoin dips below $20k as markets remain uncertain ahead of latest inflation figures July 12, 2022 The price of Bitcoin is down 3.75 per cent over the past 24 hours this morning, changing hands for around $19,800.
Butlin’s sites snapped up for £300m as Brits turn to home turf instead of flying July 12, 2022 The sites of Blackstone-owned holiday resort chain Butlin’s have been snapped up for £300m, in a ground rent deal signalling the continued momentum behind British holiday parks. Chief market analyst at IG Group, Chris Beauchamp, told City A.M. the investment was “a sensible move given the expectation that Brits will be spending less time on [...]
Opinion-in-brief: The Tory leadership race is training in the art of scheming July 12, 2022 A “dirty dossier” on Rishi Sunak – shared by an ally of Priti Patel – contained lines of attack against the frontrunner in the race to become party leader. One was that Sunak had been plotting this all along – with a campaign website domain registered in 2019. Sunak’s campaign team has denied owning readyforrishi.com, [...]
‘Greed is good’: Radwood retro car show to celebrate the 1980s July 12, 2022 Taking place at Bicester Heritage on 20 August 2022, the Radwood show encourages drivers to dress in retro clothes to match their cars.
TfL to open first new Overground stop since 2015 July 12, 2022 Transport for London (TfL) will open its first new Overground stop since 2015 on Monday. The 4.5km Barking Riverside extension will connect the area’s new developments to Barking city centre in seven minutes, drastically improving commuting times. A total of four trains per hour will operate along the line, connecting the riverside to the District [...]
Big banks axe dealmaker jobs as revenues tumble July 12, 2022 Major investment banks have started cutting dealmaker jobs after last year’s hiring binge as revenues fall. 12 big banks have slashed their investment banker roles in the second quarter of 2022, according to research from data provider Coalition Greenwich, as reported by Financial News London. These include Bank of America, Barclays, BNP Paribas, Citigroup, Credit [...]
London businesses crimped by cost of living spending slowdown July 12, 2022 London’s businesses are being crimped by Brits cutting spending in response to the cost of living squeeze, reveals a survey released today. Some one in four of the capital’s firms have suffered income hits over the last three months, up from a fifth in the first quarter of this year, according to the London Chamber [...]
