Asda raises almost £600m from supermarket sell-off November 20, 2025 Asda has raised close to £600m from three deals for its supermarkets ahead of a looming debt repayment to previous owner Walmart. The grocery giant struck sale-and-leaseback deals for its supermarkets totalling £568m, according to the FT. It raised £467m in two deals with New York-based asset manager Blue Owl and London-listed Supermarket Income REIT [...]
Massa’s £64m damages claim vs F1, FIA and Ecclestone can go to trial, judge says November 20, 2025 Felipe Massa’s £64m damages case against Bernie Ecclestone, the FIA and Formula 1 can go to trial, a judge has said. The case in London’s High Court involves former Formula 1 driver Massa and Lewis Hamilton’s 2008 World Championship winning season. The Brazilian is claiming damages due to ‘Crashgate’ – involving Nelson Piquet Jr deliberately [...]
Lack of London office space a ‘major economic risk’, Reeves warned November 20, 2025 London Property Alliance has called on Chancellor Rachel Reeves to recognise offices as essential economic infrastructure to boost the capital’s competitiveness. The organisation said that London faces planning barriers, rising costs and a shrinking supply of modern office space, with a 54 per cent drop in major planning applications over the past decade. “The Chancellor… [...]
Eurotunnel ‘pursuing legal process’ with government over business rates November 20, 2025 The firm behind the Channel Tunnel train will pursue legal action against a UK government agency and pull out of all its future investment in Britain unless plans to triple its business rates bill are aborted. Eurotunnel is poised to scrap its multimillion-pound plans to revive a major freight terminal in east London and cancel [...]
Olympia: A canvas for every masterpiece November 20, 2025 For 139 years, Olympia has stood as one of the UK’s most iconic venues – a place where industries, innovators, and audiences have gathered to exchange ideas and shape the future. Now, this legendary destination is entering a bold new chapter. Through a £1.3bn regeneration, Olympia is being reimagined as a modern, multi-faceted estate designed [...]
Options Expands Microsoft Cloud Solution Partner (CSP) Direct Bill Capabilities to Latin America and the Caribbean Region, Marking Sixth Global Region of Coverage November 20, 2025 Options Technology (Options), a leading provider of cloud-enabled managed services for the financial markets, today announced the expansion of its Microsoft Cloud Solution Provider (CSP) Direct Bill capabilities to the Latin America and Caribbean market, marking the company’s sixth global region of Microsoft CSP coverage. This press release features multimedia. View the full release here: [...]
The Bangkok hotel that finds perfect calm amid the chaos November 20, 2025 Bangkok is rarely quiet. The Thai capital barrels forward at full volume: Woks hiss and clang in open-air kitchens, tuk tuks chase traffic like motorised dragonflies, and scaffolding sprouts where centuries-old ruins once stood. The streets pulse with unfiltered life. Anthony Bourdain once likened it to “being inside an electronic rice cooker with the lid [...]
New Bond Street crowned most expensive retail destination in the world November 20, 2025 London’s New Bond Street has been crowned the world’s most expensive retail destination for the first time as investor confidence returns to high-end retail. Rents on New Bond Street have risen 22 per cent in the past year, helping it to leapfrog over Milan’s Via Montenapoleone and New York’s iconic Upper Fifth Avenue. Duncan Gillard, head of central London Retail at Cushman & Wakefield, [...]
Royal London: AI set to take key roles in asset management November 20, 2025 AI is poised to take on some of the traditional roles in asset management, and the sector can no longer ignore it. Royal London Asset Management’s chief data officer, Rob Middleton said firms need to stop skirting the conversation and accept that the shift is already reshaping how teams work. “We have to attempt to [...]
Nvidia: UK staff get £45m as shares rocket November 20, 2025 Staff at the UK-headquartered arm of Nvidia received a boost of almost £45m thanks to a generous share save scheme which has since been significantly upgraded. Since 2012, the US chipmaker has allowed its employees to have up to 15 per cent of their earnings withheld to buy shares in the company at a 85 [...]