Serica to acquire Tailwind in £367m deal December 20, 2022 Serica Energy has announced it will buy the entire share capital of fellow North Sea oil firm Tailwind Energy Investment for a combined £367m. Natural gas producer Serica Energy will provide a £58.7 million cash payment and will issue over 111m ordinary shares representing as much as 28.9 per cent of its share capital. The [...]
Second strike: Nurses walk out again as five key London hospitals decimated December 20, 2022 Nurses in Britain will go on their second day of industrial action in the space of a week with five London hospitals to be the centre of the strikes. The hospitals to be affected include Great Ormond Street Children’s Hospital, Guys and St. Thomas’ and Imperial College Healthcare, Royal Marsden and NHS North Central London. [...]
On the money: King Charles III makes banknote debut December 20, 2022 The Bank of England has unveiled the design for the new Charles III banknotes, making the monarch the first King in British history to feature on a paper legal tender. Recently succeeding his mother HM Queen Elizabeth II, King Charles will appear on the front of all four polymer banknotes ( £5, £10, £20 and [...]
Brexit: European nurses don’t want to work for NHS, report suggests December 19, 2022 Brexit-induced migratory hurdles and poor wages have made Britain an unattractive destination for Europe's nurses.
Stuck in traffic: Highway workers and Border Force to strike in London December 19, 2022 The winter of discontent is set to continue this week, with both traffic officers and Border Force staff planning to strike, causing travel havoc on the roads and in the air. National Highways South East Regional Control Centre in Godstone, 20mi south of London, will hold strikes on 22 December between 12:00 and 3:30 pm. [...]
FirstGroup nears completion of £122m greyhound property portfolio sale December 16, 2022 Transport service provider FirstGroup has finalised the sale of all but two of its US legacy greyhound property portfolio to Twenty Lake Holdings in a £122m deal.
London payment firm launches Banking-as-a-Service solution on Advcash December 16, 2022 Fintech infrastructure firm, Mercuryo has partnered with payment platform Advcash to offer its customers access to virtual IBANs for EU and UK residents.
Auditor Mazars halts work with Binance December 16, 2022 Mazars has ceased work on providing proof-of-reserves statements with Binance, Crypto.com and other crypto firms.
Government reforms needed to claim £1bn in extorted assets December 16, 2022 A potential £1bn of proceeds from political extortion are up for grabs if the UK Government undergoes reforms.
UK consumer confidence rises but forecasts remain bleak  December 16, 2022 Consumer confidence in the UK improved by two points this month, but still remains near all-time low levels.
