How Aviva and Ageas could go head-to-head in Direct Line bidding war November 29, 2024 The stage is set for a bidding war after Aviva threw Direct Line back into the takeover spotlight with a £3.3bn approach.
Black Friday is letting small retailers suffer November 29, 2024 Consumers say they want to support small businesses, but Black Friday tells a different story, writes Holly Tucker in today's Notebook.
Mark Kleinman: Bidders’ screen test of ITV is a reheated repeat November 28, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles ITV takeover rumours, the deal extravaganza in professional services and fast moves in fintech. Bidders’ screen test of ITV is a reheated repeat Who’s up for an episode of ‘I’m an [...]
‘Catastrophic’: Airports demand meeting with Rachel Reeves over business rates November 27, 2024 A draft letter from Airports UK, which represents over 50 airports in the UK, claims the industry will be forced to pay out more than £1bn.
Former Wizz Air exec fined for breaching share trading laws November 27, 2024 A former Wizz Air executive has been fined £125,000 by the Financial Conduct Authority (FCA) for trading company shares when City rules barred him from doing so. András Sebők, the budget carrier’s former chief supply officer, fell foul of FCA regulations by illicitly trading London-listed Wizz Air shares during the month-long period leading up to [...]
Standard Chartered mulls sale of three African units November 27, 2024 Standard Chartered is exploring a sale of its wealth management and retail operations in three African countries as the banking giant seeks to free up firepower for its investment plans.
FTSE 100 tax contribution hits £90bn amid warnings against further hikes November 27, 2024 PwC estimated that firms in the 100 Group contributed a total of £93.3bn to the Exchequer in the 2023/24 financial year.
Are Gen Z too woke to work? November 27, 2024 Companies are as much to blame as employees for creating a culture that prioritises vapid mental health initiatives above interventions that can make a real difference, says Theresa Bischof Statistically speaking, having a job is better for your mental health than not having a job. Great news for bosses – in theory. In reality, inactivity [...]
Smithfield meat market to close: ‘Farringdon will be losing part of its history’ November 26, 2024 The fate of City institution Smithfield market was decided yesterday, with the City of London Corporation announcing the last chops will be sold after 2028. Local business owners reacted with dismay to the news. Graham Chatham, chef patron of Origin City and 56 West Smithfield said: “It’s terribly sad to see the market close after [...]
Smithfield Market to close after 900 years, following City vote November 26, 2024 London’s oldest meat market is set to close having served the capital for over 900 years, after a City of London panel voted to end its plans to help relocate its traders to a new site in Dagenham Dock. Smithfield market’s owners, the City of London Corporation, had planned to relocate Smithfield and Canary Wharf’s [...]