Burford Capital turning its back on London over government delays December 5, 2024 Listed legal financial firm Burford Capital is rolling back on using London due to "uncertainties" in the legal market as a result of government delays
Gatwick and Birmingham airport chiefs urge Rachel Reeves to tackle business rates threat December 5, 2024 Chief executives from Gatwick and Birmingham Airport have criticised Chancellor Rachel Reeves' planned changes to business rates.
UK start-ups punch above their weight — and it’s being noticed worldwide December 5, 2024 Despite the “doom and gloom” narrative and post-Budget fears looming over the UK’s start-up ecosystem, the country still holds its ground at the forefront of global innovation. At least that is the view of Ashish Patel, managing director at Houlihan Lokey’s Capital Market Group, who says that a rise of international investment into UK start-ups [...]
Bank of London shakes up UK board in investor-led recovery plan December 5, 2024 The Bank of London has appointed four new directors to its UK bank board and replaced its chair as the troubled fintech ‘unicorn’ looks to recover from a string of setbacks in recent months. The lossmaking start-up, which has faced heavy scrutiny over its governance and finances, said on Thursday that Metro Bank director Catherine [...]
Christopher Ward, Bremont and more celebrate British watchmaking December 5, 2024 A ‘Weekender’ at Time+Tide with the British Watchmakers’ Alliance sold out in one day. The exhibiting brands included domestic stars like Christopher Ward, Bremont, Studio Underd0g, George Bamford’s ‘London’ imprint and Farer. It took place at online publisher Time+Tide’s sleek new bricks and mortar just north of Oxford Circus. And – much like the British Watchmakers [...]
Watches of Switzerland: Why shares in Rolex seller are on the road to recovery December 5, 2024 Shares in Rolex seller Watches of Switzerland have surged to their highest value since January after the retailer revealed positive half-year results. The Leicester-headquartered group reported a revenue of £785m for the six months to 27 October, 2024, a four per cent rise. In a trading update issued to the London Stock Exchange, Watches of [...]
New HSBC boss continues leadership reshuffle with more executives to depart December 5, 2024 HSBC has announced the departure of several senior executives in the latest leadership reshuffle overseen by its new chief executive. Georges Elhedery, who succeeded Noel Quinn in September, said the changes will help Europe’s biggest bank “better focus on the businesses where we have clear competitive advantage”. They are part of a sweeping restructuring of [...]
Complex building requirements ‘holding back the City’ as development pipeline stalls December 5, 2024 "A large commercial scheme can take up to 10 years from a decision to obtain vacant possession through to occupation," the CPA said.
Vodafone and Three: What £16.5bn merger actually means for customers and prices December 5, 2024 After an almost 18-month battle the UK’s largest ever telecoms deal – which will see Vodafone and Three complete a £16.5bn merger – has been given the green light. Described by Vodafone as a “once-in-a-generation opportunity to transform the UK’s digital infrastructure”, the deal has now satisfied the Competition and Markets Authority (CMA) enough for [...]
The Capitalist: King tickles Starmer, a French misstep and Blair’s good advice December 5, 2024 It’s the way he tells them To the ancient Guildhall in the heart of the City at the start of this week, where the new Lord Mayor Alastair King welcomed Sir Keir Starmer for the PM’s traditional foreign policy speech. The banquet is always a grand affair; white tie, no less, with judges, ambassadors, City [...]