Anglo American lays out plans to list platinum arm in Johannesburg and London February 17, 2025 Anglo American has said it is pressing ahead with the demerger of Anglo American Platinum, targeting a June separation. The mining giant, which owns approximately 67 per cent of the world’s leading platinum group metals (PGMs) producer, said it would seek shareholder approval at its 30 April annual general meeting for the split. The company [...]
Almost 300 pubs closed last year ahead of cost rises February 17, 2025 The British Beer and Pub Association warned that urgent Government action is needed to avoid more “completely avoidable” closures.
Britons, our businesses need YOU to take risks February 17, 2025 Brits have become too cautious, and business is suffering because of it. It's time for us all to embrace risk, writes Chris Hayward.
FTSE 250 Assura receives unsolicited takeover approach February 15, 2025 Assura, the FTSE 250 healthcare real estate investment trust, has received an unsolicited takeover approach from private equity giant KKR and a major universities pension scheme. The Altrincham-headquartered company confirmed late on Friday that it had been contacted by KKR and USS Investment Management, which is representing Universities Superannuation Scheme (USS). The parties have until [...]
Hundred: Who are winners and losers from £1bn cricket sale? February 14, 2025 When a collective £975m valuation was placed on the Hundred this month many were surprised a competition in its infancy could fetch such a number. But the franchise competition through, largely, eight 49 per cent stakes being sold by the England and Wales Cricket Board, has exceeded expectations – around £700m was seen as a [...]
Office cycle bays risk being spectacular ‘eco-own goal’ February 14, 2025 A property group has warned that London’s cycling policy is actually harming the environment, with too many cycle bays and not enough cyclists to fill them. The City Property Association (CPA) has calculated that under the current London Plan, the City of London’s target to deliver 1.2 million sqm of new office space by 2040 [...]
Chopstix doubles its sales in four years as UK expansion continues February 14, 2025 Asian food eatery chain Chopstix more than doubled its sales over a four-year period ahead of being snapped up by a European giant, it has been revealed. The London-headquartered business has posted a turnover of £64.5m for the 12 months to 28 April, 2024, its final full year before being acquired. A 51 per cent [...]
Manchester Originals investors ‘happy’ despite missing out on London Spirit February 14, 2025 The owner of Indian Premier League side Lucknow Super Giants, RPSG Group, says it is “extremely happy” to have bought a stake in the Hundred franchise Manchester Originals despite initially bidding for Lord’s-based London Spirit. RPSG was gazumped in the auction of a 49 per cent stake in London Spirit by a consortium of Silicon [...]
City of London great and good raise record £160k for School of Hard Knocks February 14, 2025 The City of London’s best, brightest, great and good descended on Threadneedle Street’s M Restaurant as a record £161,000 was raised at the annual School of Hard Knocks Long Lunch. Leading City stalwarts including Champions Cup sponsors Investec were joined by the likes of Firethorn Trust, Clarksons, Falko, England international Andy Gomarsall, LBC’s Nick Ferrari [...]
Shein: Tariffs and cheap goods crackdown could hit London listing February 14, 2025 Fast-fashion retailer Shain faces an uncertain future amid the threat of Trump tariffs and a crackdown on the sale of cheap goods overseas. There were rumours that Shein planned to list in London with a £50bn float around this Easter, but according to the FT, this boon for London’s market is likely to be shelved [...]