EG Group: Issa brothers fry off entire KFC franchise to slash debt mountain December 6, 2023 EG Group, the debt-laden petrol group owned by the billionaire Issa Brothers, has offloaded all of its franchise KFC sites in the UK and Ireland to the US multinational behind the fried chicken empire.
Bank of England: Economy resilient but full force of interest rates yet to come December 6, 2023 UK firms have shrugged off the worst of a rapid interest rate tightening cycle this year but the full force of hikes is yet to filter through to businesses, the Bank of England warned today.
The Lord Mayor’s Appeal Hosts Power of Inclusion Breakfast at Linklaters December 6, 2023 Last week, The Lord Mayor’s Appeal’s final Power of Inclusion workshop of 2023 took place at the City offices of Linklaters LLP. Over 40 representatives of City businesses came together to hear keynote speeches and participate in roundtable discussions that explored how to address social mobility beyond hiring practices. Attendees explored the importance and benefits [...]
Paragon Bank: Shares jump 10 per cent as specialist buy-to-let lender announces new buyback December 6, 2023 Nigel Terrington, chief executive of financial lender Paragon Bank, announced a further £50m share buyback for 2024 financial year.
London is about to get the biggest kebab house in the country December 5, 2023 Oxford Street is set for a new, three-storey kebab emporium - with everything from arcade machines to a healthy menu,
Business groups slam government’s ‘politics over economics’ migration plans December 5, 2023 Salary thresholds for skilled worker will be increased to £38,700, under new plans to cut the levels of legal migration into the UK, ministers have confirmed.
Bitcoin tops $40,000 for first time since May 2022 as momentum builds December 4, 2023 Bitcoin has broken above $40,000 for the first time since May 2022 as it rides a wave of momentum on broad enthusiasm about US interest rate cuts
Why are small firms at a disadvantage for funding? December 4, 2023 SMEs continue to face funding difficulties, with research suggesting a large number of small businesses have never secured external funding.
Meet the young professionals abandoning London – and the rental crisis December 4, 2023 A typical weekend for Jack Trimmer used to be spent in busy pubs in South West London. But they tend to look a bit different since he moved back into his parents home in Hampshire a few weeks ago.
Octopus charges up EV leasing business with £550m funding December 4, 2023 Octopus Energy's electric car-leasing business has secured an additional £550m in funding, the firm announced today.