Amigo suspends shares as court proceedings begin May 23, 2022 Amigo Holdings has announced a temporary suspension of trading shares today ahead of court proceedings.
Not giving up without a fight: Snubbed Vin Murria questions M&C Saatchi’s £310m takeover and weighs next steps May 23, 2022 Snubbed bidder AdvancedAdvT said whilst it believes that Next Fifteen Communications is a "credible buyer" for M&C Saatchi, "its offer price does not reflect the value of foregoing control and the significant synergies available".
Congratulations: Moonpig to snap up gifting group Buyagift in £124m deal May 23, 2022 Greeting card giant Moonpig Group has announced the proposed acquisition of Buyagift, the gift experiences platform, for £124m.
The role of tax in getting to net zero May 23, 2022 Susan Cattell explains that tax can be a vital part of the package of measures needed to deliver net zero – but what is needed from the UK Government is a clear overarching tax strategy to support the transition. The UK’s Net Zero Strategy In 2019 the UK put into legislation a requirement to bring [...]
B&Q owner Kingfisher builds from pandemic success but struggles to keep up with 2021 boom May 23, 2022 B&Q and Screwfix owner Kingfisher reported strong post pandemic growth in the first quarter, with three year like for like sales up 16.2 per cent.
Brexit boost: UK trademark disputes double following Britain’s exit from the European Union May 23, 2022 The number of UK trademark disputes has soared to record highs due to a surge of trademark applications following Britain’s exit from the European Union. Disputes in the UK more than doubled from 3,584 in 2020 to 8,026 in 2021, according to new research from intellectual property (IP) law firm Mathys & Squire. The surge [...]
Johnson could use the meal deal moratorium to finally find some values May 23, 2022 A week ago the government announced that it was delaying the introduction of a ban on so-called BOGOF (buy one, get one free) offers on food and drink high in salt, fat or sugar. The prohibition, intended to help reduce overconsumption and therefore obesity, was deferred, according to the Department of Health and Social Care, [...]
London developer swaps hotel plans for student housing in £173m forward fund May 23, 2022 London developer Dominvs has completed the country’s largest forward fund in the purpose built student accommodation sector for £173m, with Scape. Comprising 713-beds, the scheme will be one of the capital’s largest student accommodation developments, Dominvs exclusively told CityA.M. The university housing deal came after Dominvs had secured consent for two hotels on the Hammersmith [...]
Average house price surpasses £367k as first time buyers face increasingly difficult landscape May 23, 2022 It is now no longer significantly cheaper to rent than buy, in terms of monthly outgoings, new analysis by RightMove has shown. While average monthly mortgage payments (£901) outpace average monthly rental payments (£887), the gap in payments has slimmed over the past decade. The property platform’s new analysis tracking first-time buyer affordability is based [...]
The City should be a 24/7 destination outside of the Thursday evening drinks rush May 23, 2022 Tomorrow, Londoners will get their first chance to ride on the Elizabeth line as it finally opens in a major boost for the capital. Coming hot on the heels of the reopening of the Northern line’s Bank branch, the Elizabeth line will provide an economic shot in the arm – bringing an extra 1.5 million [...]
