Tory leadership contest: Priti Patel knocked out of race as Robert Jenrick leads field September 4, 2024 Dame Priti Patel has been knocked out of the Tory leadership race to replace Rishi Sunak, as rival Robert Jenrick was revealed to be leading the field. The results of the first ballot of MPs were revealed this afternoon with the former immigration minister emerging as the favourite among Conservative MPs to lead the party. [...]
The Real Thing play review: Wonderfully, expertly pointless September 4, 2024 The Real Thing | The Old Vic | ★★★★☆ | The term “staginess” is usually meant as an insult but there’s a wonderful staginess to Tom Stoppard’s play of ideas The Real Thing. It’s a twisty, unabashedly academic drawing room drama in which it’s never quite clear whether the room in question is a real place [...]
Investors brace for wave of share buybacks from UK companies September 4, 2024 The UK is on the cusp of a “regime change” in corporate attitudes towards share buybacks, Panmure Liberum analysts have said. Looking through financial statements, Panmure Liberum analysts Joachim Klement and Susana Cruz found that mentions of buybacks have risen 144 per cent over the last year for FTSE 100 companies, with a 79 per [...]
RFU and Premiership Rugby sign landmark deal to shape future of game September 4, 2024 Rugby Football Union chief executive Bill Sweeney hailed a “significant milestone” in the English game on Wednesday as the national governing body, Premiership Rugby and the Rugby Players Association yesterday agreed a new eight-year Professional Game Partnership. The swathes of changes to the English game will see the national coach Steve Borthwick given dominion over [...]
Shared Ownership: achievable, affordable and for everyone September 4, 2024 Kevin Sims, Director of SO Resi, says: Shared Ownership: achievable, affordable and for everyone Culturally, we have a strong affinity for homeownership. Purchasing a home is seen as a natural ‘life milestone’ akin to marriage or starting a family. Worryingly, shocks to the property market and the economy in recent years have made it harder [...]
Flying solo: stepping onto the London property ladder on your own with L&Q September 4, 2024 For many Londoners, setting out to buy a home on your own can be daunting. The challenge ofraising a substantial deposit to buy on the open market can make home ownership feel out of reachfor solo buyers. Shared Ownership can offer those looking to go it alone a viable route onto the property ladder.What’s more, [...]
Caterham Cars bosses voice ‘disappointment’ at fourth loss in a row September 4, 2024 Bosses at car maker Caterham have voiced their ‘disappointment’ in falling to a loss for the fourth year in a row. The Kent-headquartered manufacturer of lightweight sports cars has reported a pre-tax loss of £2.3m for the year to 31 March, 2024, having also made a loss of £2.7m in the prior 12 months. The [...]
John Lewis: £80m plans create new homes at site in Elizabeth Line-linked Reading September 4, 2024 The John Lewis Partnership has submitted plans to transform one of its disused warehouses in Reading into an £80m residential complex featuring more than 200 rental units. The plans, which were submitted to Reading Borough Council this week, lay out the company’s vision to demolish the current structure and replace it with 215 homes, plus 6,000 [...]
Vodafone: Buybacks boost UAE’s sovereign wealth fund’s stake September 4, 2024 According to a recent update, the sovereign wealth fund of the United Arab Emirates now owns 15 per cent of Vodafone. While the Emirates Investment Authority (EIA) has not acquired any more shares in the communications giant, Vodafone’s ongoing share buyback has reduced the number of shares outstanding, boosting EIA’s position on the share register. [...]
Government approval paves way for new Thames Water ‘mega-reservoir’ in South Oxford September 4, 2024 The government has endorsed Thames Water’s plans to manage water supply for the next 50 years, paving the way for a controversial new £1.5bn ‘mega-reservoir’ in South Oxford. Steve Reed, the environment minister, has approved the embattled water firm’s proposal—called its Water Resource Management Plans—in which the firm maps out its strategy to secure the [...]