Firstgroup re-enters London bus market with £90m acquisition December 10, 2024 Firstgroup said on Tuesday it had signed a £90m deal to take RATP London off the hands off its French owner.
More companies to follow Homebase and Typhoo Tea into administration following Budget, warns Begbies Traynor December 10, 2024 More UK companies will crash into administration following the tax hikes announced in Labour’s Budget at the end of October, according to Begbies Traynor. Announcing its half-year results to the London Stock Exchange, the Manchester-headquartered group said “UK insolvencies remain at elevated levels” and that it expects “continuing growth” in its business recovery division as [...]
Profit takes off at Manchester Airport and London Stansted owner December 10, 2024 Profit at the group behind Manchester, London Stansted and East Midlands airports took off in the first six months of its financial year thanks to a record-breaking summer, it has been announced. Manchester Airports Group (MAG) has reported a pre-tax profit of £139.6m for the six months to 30 September, 2024, up from £115.9m, thanks [...]
FTSE 100 giant Ashtead set to switch primary listing to the US December 10, 2024 FTSE 100 firm Ashtead has revealed plans to switch its primary listing to the US in the latest blow to the London Stock Exchange after a flood of exits this year. After months of speculation, Ashtead, which leases heavy machinery to the construction industry, said on Tuesday that the US market was its “natural long-term [...]
Hunton Andrews Kurth raids EY for team of nearly two dozen lawyers December 10, 2024 Nearly a dozen lawyers have joined the City office of US law firm Hunton Andrews Kurth from Ernst & Young legal services arm, EY Law
Airlines battle for a slice of the Arctic – who stands to gain? December 10, 2024 Demand for Arctic travel is booming, driven by attractions such as the Northern Lights. Who stands to gain?
London house prices reach ‘unaffordable’ levels – even for top earners December 9, 2024 Even the richest people in London are being priced out of the property market as house prices reach record levels, the Office for National Statistics has found. “In London, the average home was not affordable for any household income decile,” the statistics watchdog said in its latest Housing Purchase Affordability index, using 2023 data. The [...]
Japan is taking on the Swiss with a little help from Studio Ghibli December 9, 2024 Next year the sell-out stage adaptation of Hayao Mizyaki’s tale of two girls, a catbus and a forest spirit, My Neighbour Totoro, will transfer to the West End. This year Spirited Away, another Studio Ghibli classic about a girl, a bathhouse for gods, and a boy who turns into a dragon, was staged at the [...]
Omnicom scoops up media giant IPG in $13bn deal December 9, 2024 US advertising giant Omnicom Group has bought rival media holding company Interpublic Group in a $13.25bn (£10.4bn) deal that has uprooted the media industry and will make Omnicom the world’s largest advertising agency. The tie-up between the third and fourth largest media holding giants, both of which employ tens of thousands of staff in the [...]
My favourite watch: Tom Sellers, Seinfeld and Carl Cox December 9, 2024 What do Michelin-starred chef Tom Sellers, top DJ Carl Cox, comedian Jerry Seinfeld and astronaut Don Pettit all have in common? They all need a good watch to do their extremely specific work. Alex Doak takes a look at the most talented people with quality on their wrists ••• The corner of Berkeley Street and [...]