Natwest: Hunt plots ‘tell Sid’ sale of remaining government stake November 22, 2023 Hunt has revealed the government will look to offload its remaining stake in Natwest to retail investors over the next year as part of a bid to boost participation in public markets.
‘Commercially, we’re bigger than any one player’: PSG on life after Messi and Neymar November 22, 2023 The French giants are banking on brand value to keep breaking revenue records.
Green light for £500m Bishopsgate tower and Victorian bath house restoration November 21, 2023 The green light has been given to erect a new 23 storey tower in Bishopsgate, alongside the restoration of a historic Victorian Bath House, in the latest boost for the City’s skyline. As part of the development, which is being spearheaded by Landsec, the building at 55-56 Old Broad Street will be refurbished to create [...]
Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement November 21, 2023 The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
Shaftesbury Capital abandons Fitzrovia portfolio sale due to low bids November 21, 2023 West-End landlord Shaftesbury Capital has abandoned plans to sell a portfolio of properties in London’s Fitzrovia district after bids reportedly fell short of expectations. Now the real estate giant is plotting a move to sell the units individually or in smaller groups, a report in Bloomberg said, in the hopes that this will help generate [...]
Asos: Short sellers ramp up bets against former retail favourite as profits dwindle November 21, 2023 Short sellers have been hiking their bets against Asos this month after the former e-commerce darling slashed its profit forecasts in September.
Scrap ‘punitive’ stamp duty and shake-up ISAs: What the City wants from the autumn statement November 21, 2023 The City’s eyes will be trained on the Chancellor on Wednesday as he prepares to lay out the government’s spending plans in the autumn statement.
What is going on with Ocado’s share price? November 20, 2023 Ocado has found itself in the spotlight for a host of reasons this year including a rumoured takeover from Amazon and a tiff with M&S.
Scrap tourist tax before it’s too late, Fortnum & Mason boss warns November 20, 2023 The UK will lose retail sales to France if the government fails to scrap the tourist tax in the autumn statement, the boss of Fortnum & Mason has warned.
Quant chief: ‘Bring on the boring blockchain use case’ November 17, 2023 Blockchain, says Quant CEO Gilbert Verdian, is now poised to change industries through pragmatic, everyday applications.