Getting Brits to invest will take more than tweaking ISAs February 25, 2025 Rachel Reeves is considering reducing the tax-free limit on cash ISAs to encourage people to invest in stock and shares, but she should go even further, says Emma Revell It is one of the most popular and best understood savings tools available for Brits, but there could be a big shake up coming for the [...]
Rolls-Royce Ghost Black Badge Series II: Opulence with attitude February 24, 2025 The Ghost model name is as old as Rolls-Royce itself. Or so the story goes. In fact, the car revealed by Charles Royce and Henry Royce in 1906 was called the 40/50 hp, but managing director Claude Johnson – who described himself as “the hyphen in Rolls-Royce” – nicknamed his 40/50 hp the Silver Ghost [...]
UK legal sector ‘open for business’, with new Arbitration Act, minister says February 24, 2025 The UK is “open for business” as the new Arbitration Act received royal assent, the courts and legal services minister has said. The new law, which is aiming to boost the UK ranking in modern dispute resolution and attract international business, passed the final legislative hurdle today [Monday]. It aims to make arbitration fairer and [...]
Chemring shares jump after Bain Capital makes bid February 24, 2025 Bain Capital, one of the world’s largest private equity firms, has reportedly launched a takeover bid for defence group Chemring. Sky News’ Mark Kleinman first reported that Bain has made at least one proposal to acquire the FTSE 250 group, which is used by Elon Musk’s SpaceX Shares in Chemring jumped as much as 13 [...]
Former Hipgnosis duo set to float trust on London Stock Exchange February 24, 2025 Achilles Investment Company is set to start trading on the London Stock Exchange tomorrow after raising £54m to make an activist push against struggling investment trusts. The trust, run by City veterans Christopher Mills and Robert Naylor at Harwood Capital, would be the first investment trust float on UK markets since 2023. Naylor and Mills [...]
Billionaire ex-Tory treasurer ups Chapel Down stake after shares collapse February 24, 2025 The billionaire founder of city brokerage ICAP, Lord Michael Spencer, has upped his stake in English wine maker Chapel Down. The former treasurer of the Conservative party serves as a non-executive director of the Kent-headquartered company and now holds a 27.3 per cent stake. The increase comes after Lord Spencer bought 50,000 ordinary shares at [...]
Daniel Dubois next fight: Brit mulls Usyk revenge mission and Joshua rematch February 24, 2025 Daniel Dubois is weighing up a rematch with either Oleksandr Usyk or Anthony Joshua after being forced to pull out of his £7m world title defence against Joseph Parker. IBF heavyweight champion Dubois was ruled out of the scheduled fight with Parker in Riyadh on Saturday at short notice after falling ill and his stand-in [...]
Heathrow could face legal challenge if airlines forced to pay for third runway February 24, 2025 Emirates’ boss has warned that London Heathrow Airport could face a legal challenge from its airlines if they are forced to pay for a third runway. In an interview with the Financial Times, industry veteran Sir Tim Clark warned against further hikes to landing charges to pay for the expansion. “This could end up in [...]
Monument Bank looks to the US for possible IPO February 24, 2025 Monument Bank, one of the UK’s fastest-growing challenger banks, has reportedly told investors it wants to go public in the US before 2027 – marking another blow for the London market. The bank is in talks to raise £200m in private funding before pursuing a flotation on New York’s Nasdaq exchange, as reported by Sky [...]
Massive civil service office complex approved for Manchester February 24, 2025 A huge new tech-focused Government office complex in Manchester has been given planning permission. The 5.5 acre project, which could support as many as 7,000 civil service jobs in the city, will bring together a range of government departments with a focus on technology. “The new digital campus plays to Manchester’s strengths. We have fostered [...]