KPMG and Natwest put the CBI back in business October 9, 2024 Companies renew their memberships to CBI offering hope for the firm's continuation
Astrazeneca boosts cardiovascular pipeline with licensing deal October 7, 2024 Astrazeneca has struck a licensing agreement worth up to $2bn (£1.5bn) with China’s CPSC Pharmaceutical Group to develop a new cardiovascular drug, the company announced on Monday. The Anglo-Swedish pharmaceutical giant will pay $100m (£76.5) upfront, with additional milestone payments of up to $1.9bn (£1.4bn), to licence a preclinical small molecule aimed at treating dyslipidemia. [...]
Congestion charge: Ocado leads push against ‘money making’ levy October 7, 2024 More than 40 UK businesses, including Ocado, the AA, and Openreach, have urged Sadiq Khan to scrap plans to extend the £15 daily congestion charge to electric vans. The businesses argue that this hugely unpopular congestion charge if continued, would severely impact those who have invested in greener fleets. Under Transport for London (TfL)’s current [...]
Employee Ownership Trusts surge as entrepreneurs seek tax-friendly exits October 7, 2024 The number of UK businesses transferring ownership to employees through Employee Ownership Trusts (EOTs) as business owners seek to preserve their company's ethos.
SME leaders back ‘right to switch off’ as productivity booster October 4, 2024 85 per cent of SME leaders support the 'right to switch off' for employee welfare and business productivity
New ‘safe’ City of London cycle route to link Aldgate, Bank and Blackfriars October 3, 2024 A new £4.5m cycleway linking Aldgate to Blackfriars via Bank Junction has been proposed by the City of London Corporation.
Profit surge sparks hiring boom in London’s insurance sector October 2, 2024 Lloyd's of London recently reported a sharp rise in profits, driving a surge in recruitment across the capital's insurance sector.
Gaggenau: Luxury home appliance firm seals 10-year West End move October 1, 2024 Luxury home appliance firm Gaggenau has signed a 10-year lease for a new global flagship store
Closing the ‘tiring’ funding gap lies with venture capital, says Propelle founder October 1, 2024 Venture capital decision makers need to be the ones to close the funding gap, rather than creating solutions to navigate a broken system, the founder and CEO of Propelle has said. The gender funding gap for female-founded businesses remains a persistent issue, with female-led companies receiving just two per cent of all venture capital funding. [...]
Tories urged to ‘champion’ City when arguing for growth September 30, 2024 The City of London Corporation urges the Tory party to prioritise financial services to support economic growth
