Blackstone takes stake in UK airports group for £235m March 28, 2025 Blackstone has bought a 22 per cent stake in AGS Airports in a deal valued at £235m, it has been announced. The agreement sees AviAlliance offload some of its holdings in AGS, which owns Aberdeen, Glasgow and Southampton airport, although it will retain a majority 78 per cent stake. AGS was acquired by PSP, one [...]
Has art saved your life? TfL wants to hear March 28, 2025 Art can save lives, sometimes literally (see above), TfL's art scheme is more than worth celebrating, writes James Reed.
Employers still nervous as £20bn tax rise ‘hangs over like a fog’, survey says March 28, 2025 Employers remain pessimistic about hiring new staff as businesses “hoped for more” from the Spring Statement, according to the Recruitment and Employment Confederation (REC). Chancellor Rachel Reeves‘ Spring Statement saw multi-billion pound spending commitments on defence and construction as she vowed to “kickstart economic growth”. But a new survey of more than 700 UK employers [...]
London is a global business marvel. But it can’t carry the whole of the UK March 28, 2025 London consistently ranks as a global business hub, yet the UK lags behind. We should seek to fix this, writes James Crouch.
Blue Orchid Hospitality granted permission to convert Atlas House to a luxury hotel March 27, 2025 Planning permission has been granted for Atlas House on King Street, Cheapside, currently vacant with prior uses as offices. The landmark Italianate-style property is to be transformed into a high-quality boutique hotel under the ownership of the award-winning Blue Orchid Hospitality group, part of the Integrity International Group, led by renowned hotelier and developer, Tony [...]
UK’s tech crown is slipping away March 27, 2025 The UK has slipped behind in the tech arms race, falling behind emerging tech heavyweights. A new global ranking has placed Britain as 13th overall for tech competitiveness, behind nations like Ireland, Singapore and Australia. Meanwhile, perhaps more alarmingly, no G7 nation – the group of the world’s most industrialised nations including the UK – [...]
Championship rugby boss set for top RFU role March 27, 2025 A key figure in the Championship is being lined up for a top Rugby Football Union (RFU) role, City AM understands. London Scottish chairman Stephen Pearson is believed to be preparing a bid to become RFU president. It is not certain whether he will run unopposed but, if successful, will first become junior vice-president and [...]
Russian oligarch ex-wife drops lawsuit against City law firm over ‘Luna’, the superyacht March 27, 2025 The ex-wife of a Russian oligarch has pulled her lawsuit against the law firm and partner who handled her divorce
London Stock Exchange boss takes home almost £8m despite high-profile delistings March 27, 2025 The chief executive of the London Stock Exchange Group saw his pay packet swell to almost £8m despite the stream of high-profile delistings in 2024. David Schwimmer took home £7.8m for the group’s latest financial year, up from the £5.3m he was paid for 2023. His remuneration was made up of £1.3m in salary, a [...]
Premier League gets extra transfer window for Club World Cup March 27, 2025 Premier League teams will have two transfer windows this summer to allow those playing in the Club World Cup to make last-minute signings. The first summer transfer window will be open from 1 June to 10 June, four days before Fifa’s new 32-team competition is due to kick off in the US. The transfer window [...]