Wingstop and Popeyes serve up major UK expansion plans January 27, 2025 Fast-growing chains Wingstop and Popeyes have each announced major plans to expand further across the UK and create thousands of jobs. Popeyes has outlined proposals to almost double its footprint in the UK with the opening of more than 45 restaurants. The move will increase its presence in the likes of Birmingham, Leeds and Bristol [...]
Lord Mayor urges UK financial services to invest in risk management January 27, 2025 The UK’s financial services need to be investing in risk management roles to maintain the City of London’s competitive edge, the Lord Mayor has warned. In recent years, the role of Chief Risk Officers (CROs) across the financial sector has evolved from a compliance-focused gatekeeper to a strategic partner in driving growth. New research from [...]
Ferrari Group picks Amsterdam for $1bn float in fresh snub to London Stock Exchange January 27, 2025 Ferrari Group, which specialises in shipping luxury goods across the globe, has announced plans for a $1bn float in Amsterdam in another blow to the London Stock Exchange. The London-headquartered company has confirmed its intention to launch an initial public offering (IPO) on Euronext Amsterdam. Ferrari Group was founded in Italy in 1959 and has international operations [...]
‘I’m still going to leave’: Reeves’ non-dom concession is not enough for London’s super rich January 27, 2025 Amid an exodus of the country’s millionaires and billionaires, the government is revisiting its reforms to the non-dom regime. But the recent changes floated by the Chancellor have been given short shrift by non-doms and their advisers. Ali Lyon explores what might actually stem the departures of the UK’s wealthy foreigners. In the clandestine and [...]
Adzuna: Average salary hit £40,000 in December January 27, 2025 According to job search site Adzuna, the average annual advertised salary passed £40,000 for the first time in December.
Scotland’s fintech hub is key to the UK’s growth mission January 27, 2025 I may be the cheerleader-in-chief for the City of London, but there's a lot we can learn from Scotland too, writes Lord Mayor Alastair King.
Barclays becomes main sponsor of Lord’s and MCC January 27, 2025 Barclays has expanded its sports sponsorship portfolio by becoming principal partner of Lord’s Cricket Ground and its owner, Marylebone Cricket Club (MCC). The multi-year partnership, effective immediately, sees the Home of Cricket’s iconic Media Centre renamed the Barclays Media Centre. It will also mean the bank making “one of the largest ever donations” to the [...]
Billionaire Sir Leonard Blavatnik injects £630m to prop up Netflix-rival DAZN as losses mount January 26, 2025 Billionaire Sir Leonard Blavatnik has injected a further $827m (£630m) into streaming giant DAZN in a bid to become a major rival to Netflix. The businessman has now invested more than $6.7bn (£5.3bn) in the London-based sports streaming service, according to newly-filed accounts with Companies House. DAZN is owned by Access Industries, a New York-based [...]
How immigration rules affect football clubs in the January transfer window January 26, 2025 Immigration lawyer Hateem Ali on how quotas on overseas players affect Premier League teams’ business during the January transfer window. Although we now have a new government, we are unlikely to see any dramatic changes to the Governing Body Endorsement (GBE) rules which were originally implemented in 2021 following a lengthy consultation with the Football [...]
Zip World sold for £100m to Dolphin Capital January 26, 2025 A majority stake in adventure park operator Zip World has been acquired by private equity firm Dolphin Capital in a deal worth £100m. Zip World, which is headquartered in Llanrwst, Wales, has become the latest investment for the Oxfordshire-based private equity firm which already counts the likes of Snowcentres, Techmet and Dynisma in its portfolio. The [...]