Hogan Lovells readies itself for demolition of Holborn Viaduct HQ after taking up office space at 10 Fleet Place May 30, 2022 British-American law firm Hogan Lovells has struck a 10-year deal with private equity firm Addington Capital to rent out the seventh and eighth floors of the firm’s 10 Fleet Place office building. The legal sector giant is set to transfer its business services teams to the 10 Fleet Place premises, as it seeks to exit [...]
City Lord Mayor says ‘the word London shouldn’t be an insult’ May 30, 2022 The words “metropolitan and London” should not be used as an insult and the capital needs to share in the government’s levelling up programme, according to London Lord Mayor Vincent Keaveny. Keaveny will tonight tell the annual London government dinner at Mansion House that “London is one of the UK’s strongest assets – anything which [...]
Barclays confirms slew of branch closures as banks slash high street presence May 30, 2022 Barclays has confirmed the closure of a slew of high streets banks this month as the move to shutter branches by UK lenders speeds up.
Government adviser calls for taxation on EV tyres due to dangerous particles May 30, 2022 Electric vehicle (EV) tyres should be subjected to taxation as they release dangerous particulate matter, according to the chairman of the government’s independent science advisory group on clean air. A professor of atmospheric chemistry at the University of York, Alastair Lewis argued that particulate matter emitted from tyres is a much bigger risk to public [...]
MPs set to scrutinise role of UK finance in net-zero transition as ESG debate rages on May 30, 2022 The role of the finance in driving the net-zero transition is set to be examined by MPs as a major debate rages on over the effectiveness of environmental, social and governance (ESG) investment.
Cineworld and Imax shares fly as Tom Cruise’s Top Gun smashes blockbuster opening weekend May 30, 2022 Top Gun had a top weekend, with the blockbuster hit raking in $248m (£196m) worldwide, making it the highest-opening non-superhero movie released since the start of the pandemic.
Budget pasta prices leap 50% in a year as affordable household staples come under pressure May 30, 2022 Pasta, crisps and bread are among the affordable staples seeing the largest price hikes, official data has revealed. The Office for National Statistics (ONS) has published fresh figures looking at price inflation for the cheapest items available across food categories. Official analysis has found the cheapest items have surged in price by around as much [...]
Abrdn closes £1.49bn acquisition of Interactive Investor as it readies personal investing push May 30, 2022 Asset management giant Abrdn has completed its £1.49bn tie-up with investment platform Interactive Investor today after getting the greenlight from regulators.
Boeing receives additional confidence boost after Norwegian buys 50 737 MAX May 30, 2022 Boeing has received an additional confidence boost after Norwegian Air announced it has placed an order for 50 737 MAX and secured options for a further 30 planes at an undisclosed price. Norwegian called today’s order a “landmark deal” as the carrier will go back to owning a significant chunk of its fleet, which is [...]
Competition watchdog warns of pastry price rises amid Jus-Rol and Cérélia merger May 30, 2022 The competition watchdog has raised concerns that a merger between two bake-at-home dough producers could lead to higher prices of pastries. The Competition and Market Authority’s (CMA) said it was concerned about a merger between Jus-Rol and Cérélia, with fears prices would rise while the quality of products could suffer. After the deal, Paris-based Cérélia [...]
