Metro Bank shareholders back rescue plan as lender reiterates branch commitment November 27, 2023 The deal was approved by over 90 per cent of shareholders, even though it will dilute their shareholding substantially.
Barclays reportedly in talks with Metro Bank to buy £3bn mortgage portfolio November 27, 2023 Barclays is reportedly in exclusive talks to buy a £3bn residential mortgage book from Metro Bank as the troubled lender's shareholders prepare to vote on a £925m refinancing package later today.
Octopus boosts renewable capacity ahead of Shell Energy deal November 27, 2023 For an undisclosed fee, Octopus Energy has bought into Ørsted’s Walney Extension wind farm, the eighth largest in the world. The generation arm of the energy supplier has taken a 12.5 per cent stake in the Irish Sea project, which was built in 2018. The project has 87 turbines with a generation capacity of 660 [...]
Advertisers bump up spending on Rightmove despite ‘volatile’ housing market November 27, 2023 Advertisers are upping their spend in the battle for eyeballs on housing marketplace Rightmove.
Revolution Beauty founder in multi-million settlement talks amid crisis November 27, 2023 It was confirmed the beleaguered company is in talks to reach potential agreements with former chief executive Adam Minto, who stepped down over a year ago.
Treasury minister fails to rule out further tax cuts ahead of election November 26, 2023 A senior government minister has not ruled out the possibility of more tax cuts ahead of a general election, stating that the Autumn Statement had “set the direction of travel”.
Nissan to invest £1bn in Sunderland plant as it commits to making new EV models in UK November 23, 2023 Nissan will commit to producing electric versions of two of its best selling models at its Sunderland plant on Friday.
Want to slim down the size of the state? Tax wealth not work and end fiscal drag November 23, 2023 The rhetoric in Jeremy Hunt’s Autumn Statement concentrated on the importance of rewarding hard work, shrinking the size of the state and lowering the tax burden.
Mark Kleinman: Is it a Labour of love for British business? November 23, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
ITV boss backs dedicated Saturday broadcast slot for women’s football November 21, 2023 The move could increase viewership of the Women's Super League.