Man who spearheaded £975m Hundred sale rewarded with new job by ECB February 27, 2025 Vikram Banerjee, the man who spearheaded the sale of eight minority stakes in the Hundred, has been rewarded with a promotion by the England and Wales Cricket Board. Banerjee will take up the role of managing director of the Hundred after the competition saw its eight franchises valued at £975m after a series of auctions [...]
Child labour cases once again found in Shein’s supply chain February 27, 2025 Fast-fashion giant Shein found two cases of child labour in its supply chain last year, the company has told MPs. Shein’s general counsel for Europe, the Middle East and Africa, Yinan Zhu, disclosed the cases in a letter to MPs, according to The Guardian. One of the incidents involved a child aged 11 years and [...]
Transport secretary ‘minded to approve’ Gatwick expansion February 27, 2025 The transport secretary is “minded” to approve Gatwick Airport’s plans for a second runway but only if it accepts certain revised requirements, it has been announced. Heidi Alexander on Thursday gave the £2.2bn project a ministerial nod of approval should the airport agree to some additional demands. These include noise mitigation and the extent to [...]
Martin Williams to take over as D&D London boss, now rebranded Evolv February 27, 2025 Former Gaucho boss Martin Williams is to take over as chief exec of D&D London, one of the biggest high-end restaurant groups in the UK. The move will see him take charge of brands including Coq d’Argent, Bluebird, German Gymnasium, Quaglino’s and Angler, which holds a Michelin star. Williams said: “I am delighted to be [...]
The London office market has ‘definitively turned’ as prime rents set to double February 27, 2025 Analysts have said the London office market has turned a corner after two major commercial real estate investors released positive results. Dewent London reported rental growth doubling to 4.3 per cent, the highest since 2016, and it expects estimated rental value growth – an estimate of the rent that a property could earn if it [...]
7 of the best Mother’s Day 2025 events in London February 27, 2025 Mother’s Day 2025: the best events in London to book now Mother’s Day rolls around on Sunday 30 March and some London hotels and restaurants have already started promoting their events. We’ll continue to update this list as new events are confirmed in the capital to help you plan for the day with your mother, [...]
Hiscox: Profit hits record at Lloyd’s of London insurer February 27, 2025 Lloyd’s of London insurer Hiscox has reported a record profit for the year ended 31 December 2024, with pre-tax earnings reaching $685.4m (£541.5m), a 9.5 per cent increase from the previous year. The insurance group’s net insurance contract written premiums rose to $3.7bn (£2.9bn) in 2023, up from $3.6bn (£2.8bn) in 2023. Insurance contract written [...]
LSEG smashes expectations with strong growth and bold 2025 outlook February 27, 2025 London Stock Exchange Group (LSEG) has reported strong financial results for 2024, exceeding market expectations and reinforcing its position as a lead player in global financial data and analytics. The firm’s total income, excluding recoveries, grew by 7.7 per cent in 2024, with broad growth across divisions. Income at the firm’s flagship data business, where [...]
How to fix London’s growth problem February 27, 2025 Sadiq Khan has pledged to be the most pro-business Mayor ever. Muniya Barua explains how he can turn rhetoric into reality The Prime Minister has made clear that growth is his government’s most important mission. The Chancellor has been busy selling that message around the world and urging regulators at home to get with the [...]
‘I was in the RAF for 20 years before this’: Gavin Poole on setting up Hackney tech hub Here East February 27, 2025 Gavin Poole served in the RAF for 20 years before studying for an MBA. Now he heads up powerhouse tech campus Here East. He tells us how.