Green light granted for Shepherds Bush redevelopment December 20, 2023 The owners of Shepherds Bush market have won planning permission for a major redevelopment of the 100 year old landmark.
UK to help protect ships in Red Sea after attacks by Yemen rebels causes BP to pause tanker journeys December 19, 2023 Britain is set to join an international coalition to protect ships sailing through the Red Sea after tankers came under attack from militants in Yemen. The announcement comes after oil giant BP paused all of its tanker journeys over safety concerns after Iranian-backed Houthi soldiers stepped up attacks on vessels in the Red Sea in [...]
Lloyd’s of London strikes deal with Ping An to stay at iconic City HQ until 2035 December 18, 2023 Lloyd’s of London has struck a new deal with Chinese insurer Ping An to remain at its One Lime Street headquarters until 2035, four years longer than its original lease agreement.
UK continues to ‘dodge recession’ as private sector growth at six month high December 15, 2023 This comes as the UK economy has been flirting with a recession for more than a year, battling stubborn inflation, high energy bills.
From branch closures to ‘debanking’ – Which bank faces the highest number of complaints? December 10, 2023 The UK's high street lenders have faced a tsunami of complaints this year from concerns about branch closures to customer service. But which bank faces the most complaints?
Jacob Rees-Mogg’s Somerset Capital to wind down after St James’s Place loss December 7, 2023 Tory MP Sir Jacob Rees-Mogg's boutique fund management house Somerset Capital is set to wind down
Insurance chiefs on way out after Lloyd’s investigation of ‘non-financial misconduct’ December 4, 2023 The CEO of CFC Group and the CEO of CFC Underwriting are leaving the company after an investigation by Lloyd’s into allegations of non-financial misconduct
Octopus charges up EV leasing business with £550m funding December 4, 2023 Octopus Energy's electric car-leasing business has secured an additional £550m in funding, the firm announced today.
Insurer Aspen eyeing up New York for potential $4bn float December 3, 2023 Insurer Aspen is eyeing up a listing in New York even though the majority of its operations are in the UK, according to a report, due to concerns around UK valuations and stricter listing requirements. Were it to go ahead with a US listing, the $4bn (£3.15bn) initial public offering (IPO), expected next year, would deal a [...]
Media secretary to intervene in the Telegraph sale November 30, 2023 Culture and media secretary Lucy Frazer has announced she is intervening in the sale of the Telegraph Media Group.