Can Tulip Siddiq get Labour’s City plans blooming? March 23, 2023 Labour's Shadow City minister talks facing off against her opposite number and the struggle for the Square Mile.
Mark Kleinman: This crisis feels far from over March 23, 2023 Deal of the century or dud of the decade? UBS’s government-orchestrated swoop on Credit Suisse, its historic rival, was one of those moments in global finance that will be debated long after any of those involved in have retired to their lives of Alpine luxury. Make no mistake: this was a state bailout masquerading as [...]
City brokers Finncap and Cenkos Securities to merge in all-share deal March 23, 2023 Rival brokers Finncap and Cenkos Securities are reportedly in advanced talks to merge in an all-share deal that could be announced as soon as this morning. If it goes ahead, the tie-up, first reported by Sky News’ Mark Kleinman late last night, could create the City’s biggest dedicated investment bank for small-cap growth companies. The [...]
Boss of British Gas owner Centrica handed fivefold pay increase to £4.5m March 22, 2023 The boss of British Gas owner Centrica has been handed a £4.5m pay package, after record profits last year.
The imperfect tonic: Fever-Tree to raise prices amid soaring cost inflation March 22, 2023 Up market tonic maker Fever-Tree has revealed plans to hike its prices, as it continues to navigate a surge in production costs. The company said made a loss in earnings for the year with revenues down 0.2 per cent to £116.2m from £118.3m the prior year. The London-listed adult drinks company said it felt the financial [...]
Brexit: Boris Johnson set to vote against Rishi Sunak’s Windsor framework as PM facing Tory resistance March 22, 2023 Boris Johnson has said he will vote against Rishi Sunak’s Brexit deal. The former prime minister, who had already voiced concerns about the deal brokered with Brussels, confirmed that he will not be backing the deal when MPs vote on the Stormont brake in the Commons later on Wednesday. In a statement, Mr Johnson said: [...]
Broadband firms urged to cancel ‘exorbitant’ mid-contract price hikes for vulnerable customers March 21, 2023 Broadband firms have been urged to cancel “exorbitant” mid-contract price rises for vulnerable customers less than two weeks before they are due to take effect. Millions of broadband and mobile phone customers can expect to face monthly bill increases of at least 14 per cent from April. Providers often link their annual price rises to [...]
‘No limits friendship’: Why is China premier Xi in Moscow – and can he help end Russia’s war in Ukraine? March 20, 2023 Chinese leader Xi Jinping has arrived in Moscow on a three-day visit that shows off Beijing’s new diplomatic swagger and offers a welcome political lift for Russian President Vladimir Putin as the fighting in Ukraine slows to a grinding war of attrition. China and Russia have described Mr Xi’s trip as part of efforts to [...]
Looking for a property investment that combines city living with green space? CityGreens might be the perfect choice March 20, 2023 Now more than ever, finding a property investment opportunity in the best location and with the strongest prospects for future growth is crucial. While some investors prefer to go it alone, working with a property investment consultancy that stays one step ahead of the market and can guide you towards the optimum opportunity for your [...]
Government ‘always willing’ to engage on NHS strikes, minister claims March 20, 2023 The government was “always willing” to engage with unions on strikes and NHS pay, a minister has claimed. Cabinet office minister Oliver Dowden told the BBC there were “initial discussions” with the Royal College of Nursing (RCN) and that the deal which has been agreed is a “decent deal”. His comments came as the British [...]