UK acquisition deals fall to pandemic low as foreign eyes turn away from London June 4, 2024 The number of UK mergers and acquisitions fell to their lowest in March since 2020, as the rate of foreign companies buying British businesses almost halved throughout the quarter. There were 426 M&A transactions in the first quarter of the year, 18 fewer than the previous quarter, data from the Office for National Statistics revealed [...]
The UK’s services sector has outperformed since Brexit and the City is leading the way June 4, 2024 According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
Tories say they’ll impose annual visa cap to cut legal migration June 4, 2024 The Conservatives have announced plans for a new annual cap on visas to ensure immigration falls, in their latest general election pledge.
Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub? June 4, 2024 The head of Emirates airlines has said Heathrow is "seriously lagging behind" rival hubs and compared it to a run down Second World War airport.
Standard Chartered accused of helping Iran-linked terrorist funders June 4, 2024 Standard Chartered is alleged to have facilitated billions of dollars worth of transactions for Iran-linked entities, including funders of terrorist groups, according to fresh US court filings.
US private equity giant Blackstone snaps up 1,700 homes from Vistry as it drives to become major UK landlord June 4, 2024 Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry. The private equity firm and its joint venture partner Regis will shell out £580m for the portfolio of new build homes across the South East of England.
Gooch and Housego optimistic despite headwinds June 4, 2024 Photonics engineering and manufacturing firm Gooch and Housego (G&H) has held its guidance for the year and remains optimistic despite revenue falling slightly.
Tech firm Checkit submits takeover bid for Crimson Tide after years of trying June 4, 2024 Tech firm Checkit has submitted a formal proposal to acquire smaller AIM-listed rival Crimson Tide for around £12m after years of trying to engage in talks.
Londonmetric to hike dividend by a fifth following mega-merger June 4, 2024 Londonmetric swung from a loss to £118m profit in 2024 as the real estate investment trust reported a 22 increase in rental income.
Wizz Air carried 5.1m passengers in May despite engine issues dragging on capacity June 4, 2024 Wizz Air carried 5.1m passengers in May ahead of a busy summer but capacity is still being impacted by issues with its Pratt and Whitney engines.
