LBC boss says commercial radio must ‘explore new avenues’ October 8, 2023 On its 50th anniversary, commercial radio is thriving, but the chief of a leading UK radio station has said it must stay on its toes if it wants to remain successful for another half a century. “The future of commercial radio should be continuously exploring new avenues and embracing creative approaches so we remain a [...]
Crypto firms told they have three months to fall in line with FCA’s new marketing rules October 8, 2023 A slew of tough new Financial Conduct Authority rules aimed at making the marketing of digital assets clearer came into force today.
The City sees the Tories as a ‘bigger risk to business’, says Reynolds October 8, 2023 The Conservative Party is seen by many people in the City “as the bigger risk to the business community”, Labour’s Jonathan Reynolds told City A.M.
HS2: Plans for Euston section ‘wishful thinking’, says Khan October 8, 2023 London Mayor Sadiq Khan has written to the Prime Minister to "express serious concerns" over plans for the Euston section of the project.
Autonation mulls upping rival offer for Pendragon unit as bidding war intensifies October 8, 2023 One of the largest car dealerships in the US is reportedly considering increasing its bid for Pendragon's forecourts and leasing business.
Metro Bank: Bank of England approached UK lenders to gauge interest in troubled bank October 8, 2023 The Bank of England's Prudential Regulation Authority approached a number of big UK lenders this week to see if they had any interest in taking over British lender Metro Bank, the Financial Times reported.
Renewi shareholders ask bidder to raise £636m stake October 8, 2023 A major shareholder in Renewi has reportedly asked its board not to engage with Australian global financial services group Macquarie until it raises its £636m bid for the firm. According to reports in The Times, the Anglo-Dutch waste management company rejected an offer of 775p a share from Macquarie last month, on the grounds that [...]
Michael Murray insists he is running Frasers, not Mike Ashley October 8, 2023 The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley.
Israeli security cabinet declares country at war after Hamas attack October 8, 2023 Israeli Prime Minister Benjamin Netanyahu’s office says his security cabinet has declared the country at war following a deadly Hamas assault in southern Israel. The decision, announced on Sunday, formally authorises “the taking of significant military steps,” it said in a statement.
Young people turning to Tiktok for financial advice as FCA weeds out bad actors October 8, 2023 Young people are increasingly turning to social media sites, such as Instagram and Tiktok, for financial advice, a new survey has revealed.