Segro pounces on Tritax Eurobox with all-share £552m offer September 4, 2024 The London-listed warehouse giant Segro has made an offer for its smaller peer, Tritax Eurobox. Sergo and Tritax Eurobox announced this morning they had reached an agreement on the terms of a recommended all-share offer by Sergo for the entire issued and to be issued share capital of Tritax Eurobox. Segro has agreed to pay [...]
M&G no longer the industry exception as investors pull £1.5bn September 4, 2024 Investors in M&G pulled £1.5bn from the investment manager over the last six months, as the group finally fell foul to the mass withdrawals that have plagued the industry. The outflows from M&G came as a surprise, as the group has traditionally been able to avoid the negative sentiment felt by many other British money [...]
Labour can’t resist flirting with economic populism September 4, 2024 Keir Starmer’s closest advisors spent last week briefing journalists that this government would be straight with people, and that it would reject the “fake populism” of the Tories which, they claim, raised people’s hopes before disappointing them. Labour figures said that the Prime Minister’s doom-laden introduction to the country was more responsible than attempting to [...]
Why home working might be damaging London’s economy September 4, 2024 Londoners have been slower to return to the office after the pandemic than workers in many large cities around the world. This really matters, and not just for London.
Sixes Social Cricket hits record turnover as first franchises open in UK September 3, 2024 The company behind the party bar chain Sixes Social Cricket has seen its turnover jump following the launch of its franchise arm, newly-filed documents have revealed. The Aberdeen-headquartered firm, which was founded in 2020, saw its turnover increase to £7.5m in the 12 months ending August 31, 2023, up from £4.5m in the year before. [...]
Pret founder and Itsu boss Julian Metcalfe banned from driving for using phone at the wheel September 3, 2024 Julian Metcalfe, the founder of Pret a Manger and current boss of Itsu, has been banned from driving after being convicted of using a mobile phone behind the wheel. He claimed he was using the Waze navigation system for directions to visit his daughter, and that he didn’t know it was illegal to use a [...]
What’s On in London in September 2024 September 3, 2024 As summer fades and the crisp breeze of autumn begins to fill the air, London prepares for an exhilarating September packed with cultural and sporting events, festivals, and unique experiences. Whether you’re a local, worker or a visitor, the capital offers an unrivalled array of activities to make the beginning of this autumn unforgettable. From [...]
Legal & General upsizes with lease for City HQ in new Woolgate building September 3, 2024 Legal & General has signed a 15-year lease to move its headquarters to Woolgate, a new building set to open on Coleman Street. The move will see Legal & General hopping just down the road, from One Coleman Street to 10 Coleman Street. It will also be a slight upsizing for Legal & General, going [...]
Inspiration Healthcare reports steady revenue following acquisition September 3, 2024 Inspiration Healthcare has reported revenue of £17m in the first six months of its financial year, driven by significant growth in its infusion therapies products division, it said today. The London-listed firm, which is headquartered in Croydon, said its revenue was in line with management expectations in the six months ending July 31, 2024, boosted [...]
The Bank of London founder steps down as chief executive September 3, 2024 The Bank of London has announced that Anthony Watson is stepping down as chief executive eight years after founding the firm.