Helical reveals progress on London properties and new debt facility October 14, 2024 London-listed property development firm Helical said it has made “good progress” on a number of targets it set earlier this year, in a trading update ahead of its half year results. In the six months ending 11 October, Helical started work on a “carbon friendly” office next to City Thameslink station, and is repairing its Brettenham House in [...]
Pagegroup: ‘No improvement’ in autumn as recruitment crisis continues October 14, 2024 Recruiter Pagegroup has reported no improvement in macroeconomic conditions despite the usual pick-up in the market around this time, with the crisis in recruitment still ongoing. The FTSE-listed company told markets this morning that profit fell by 13.5 per cent in the third quarter of the year, to £201.4m. The slowdown was most marked in [...]
Revolut takes on Square and SumUp with payment terminal for larger businesses October 14, 2024 Fintech giant Revolut is stepping up its challenge to the likes of Square and SumUp with a new payment terminal for larger businesses and retailers.
Khan says London is open for business as tech firms confirm expansion plans October 14, 2024 Three tech firms Mphasis, Constant Contact and Moonpay, are set to expand, invest and launch in London in the coming months, mayor Sadiq Khan has announced. The Indian IT giant, US-based marketing firm and Miami-headquartered fintech have all unveiled upcoming plans to boost their presence in the UK capital. Mphasis opened a new London office [...]
Scale-ups: How to turn big ideas into big business October 14, 2024 The UK is a global leader in start-ups, but too many are running up against a brick wall when they seek the support, skills and the finance they need to scale up, says Rain Newton Smith With the government’s UK Investment Summit today, the big question for many is how we can actually make that [...]
UK business confidence stands at nine-year high – but signs of unease emerge October 14, 2024 UK business confidence has hit a nine-year high in 2024, according to a closely-watched survey, although firms' economic optimism dipped ahead of expected tax hikes in the Budget.
Starmer vows to rip up the red tape at investment summit October 14, 2024 Prime Minister Keir Starmer will today promise to rip up the red tape that is needlessly holding back investment in a bid to galvanise economic growth. Starmer is set to make the pledge in a speech at the government’s inaugural International Investment Summit, which kicks off today at the Guildhall in the heart of the [...]
Alex Salmond obituary: The Scottish firebrand who shook up British politics October 14, 2024 Alex Salmond was the dominant figure in Scottish politics of the past three decades. He led the Scottish National Party for 20 years, was the first pro-independence First Minister of Scotland and brought about a referendum on the Union which ended his front-line career but put to bed any lingering notion that a separate Scotland was unimaginable.
The International Investment Summit proves London is open for business October 14, 2024 London is reclaiming its reputation as a magnet for global investment – and when London thrives, we all do, says Sadiq Khan Today, Britain reclaims its reputation as a magnet for global investment. All told, the government’s International Investment Summit in London has already secured £24bn. This is good news for our economy, for our [...]
Being ‘the grown ups in the room’ won’t cut it with investors October 14, 2024 At today’s International Investment Summit, ministers must recognise that businesses want concrete assurances about the kind of returns they can expect, says Eliot Wilson Today is the government’s long-anticipated International Investment Summit, which will bring together potential investors from abroad and within the United Kingdom and is intended to show, in the business and trade [...]