Mark Kleinman: Kicking the Abbey habit may be harder than it looks for Botin January 23, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he looks at Santander shifts, a tale of two cities in banking and a canary in the Poundland coalmine Kicking the Abbey habit may be harder than it looks for Botin Is this the [...]
London terrace conversion brings colour and fun to Victorian flat January 22, 2025 The Hot Property team love nothing more than a London conversion that takes the awkward spaces of a period flat and turns them into something modern and fun. This conversion of a first floor Victorian terrace located within the Cobourg Conservation Area next to Burgess Park in Southwark, manages to accentuate the period details of [...]
Wonks think a wave of asset management mergers is inevitable January 22, 2025 Across the European continent, a surge of mergers and acquisitions among asset managers has begun. Yesterday, Italian and French giants Generali and Natixis agreed to a €1.9 trillion (£1.61 trillion) merger to create the second largest asset manager in Europe. Meanwhile, BNP Paribas recently bought out AXA’s investment arm, and rumours continue to swirl about [...]
Heathrow: Starmer won’t say if he backs London airport expansion January 22, 2025 Sir Keir Starmer has refused to say whether he would back the expansion of Heathrow Airport after voting against a third runway in 2018. The Prime Minister said would not be “comment on speculation” on the issue, as emphasised the government is “committed to growth” when asked about reports ministers could be set to approve [...]
Denmark has the ‘happiest city in the world’. I spent a week there in search of their secret January 22, 2025 Can a city cure sadness? Adam Bloodworth visits Denmark’s other capital, Aarhus, to speak to some of the happiest people in the world You probably haven’t heard of Aarhus, but Denmark’s second biggest city – which has serious beef with Copenhagen – claims to be the ‘happiest city in the world’. The British Institute for [...]
The British Business Bank is a partner for the scale-up economy January 22, 2025 As the British Business Bank celebrates 10 years of impact, its chair, Stephen Welton, looks ahead to a new decade bridging the gap between the public and private sectors Business is inherently risky which is why you very quickly learn not to take success for granted. When it comes, celebrate, reflect on what you did [...]
‘We need to get back to our very best’: Boohoo boss vows to make 2025 a ‘year to remember’ January 22, 2025 The chief executive of fast-fashion giant Boohoo has said the group “needs to get back to our very best” as he vowed to make 2025 “a year to remember”. Daniel Finley was speaking a day after shareholders voted to keep co-founder Mahmud Kamani on its board in another blow to Mike Ashley’s Frasers Group. But [...]
Victorian Plumbing billionaire in line for huge pay day after bonus boost January 22, 2025 The billionaire founder and chief executive of Victorian Plumbing is in line for a huge pay day after his company decided to up his salary and potential bonus. The London AIM-listed company’s remuneration committee has decided to increase Mark Radcliffe’s base salary from £250,000 to £400,000 from 1 April, 2025. The committee has also increased [...]
Davos: Reeves defends fiscal rules and says Heathrow expansion is ‘pro-growth’ January 22, 2025 Rachel Reeves has insisted the UK would continue to meet her “fiscal rules”, describing them as the “bedrock” of the stability she aims to restore to the economy and public finances. The Chancellor spoke at a Bloomberg event at the World Economic Forum in Davos, as the Office for National Statistics (ONS) said public sector [...]
‘It feels like a break-up’: CEO shuts down firm after passion runs dry January 22, 2025 The chief executive of a technology start-up has decided the close down the business after ‘running out of passion’. Ike Cooke, who co-founded Liverpool-based Bundant, announced the news on social media that the firm is to be wound down. The company provided a home refill service centred around a smart device – The Bundantband – [...]