Mark Kleinman: Is £300bn Shell merger Total summer speculation? August 1, 2024 In this week's column, Mark Kleinman tackles the Shell merger, Cineworld closure and Dan Wagner's Rezolve AI.
Rio Tinto chief rejects calls to drop London Stock Exchange listing to focus on Australia July 31, 2024 The world's second biggest miner holds a dual-listing on the London and Sydney Stock Exchanges, but has faced calls from investors to prioritise Australia.
Metro Bank share price soars after lender reports its on track for profitability later this year July 31, 2024 Metro Bank expects to return to profitability in the final quarter of 2024 as the lender attempts to stage a recovery from a volatile year.
Rayner must defy her own backbenchers and build, baby, build July 31, 2024 Angela Rayner has clearly been reading City A.M.. In a statement to the House of Commons yesterday the housing secretary outlined plans to build 370,000 homes a year, in a clear victory for our Build, Baby, Build campaign. The challenge now is to realise that ambition in bricks and mortar. It is encouraging, then, that [...]
Pension money managers hail ‘progress’ on start-up plans despite sluggish investment July 30, 2024 Pension money managers that backed a plan to pump cash into start-ups last year have hailed “good progress” today despite still investing a fraction of their total assets into so-called growth companies.
CMA warns major corporate travel takeover could hike prices and worsen service July 30, 2024 Amex GBT, the largest travel management company in the UK, announced a £444m deal to takeover rival CWT in March.
Standard Chartered announces largest ever share buyback as profits creep up again July 30, 2024 Standard Chartered has announced a $1.5bn share buyback programme today after the Asia-focused bank performed ahead of expectations in the second quarter of the year.
Mishcon de Reya Magic: Revenue soars to £300m despite profit blip July 30, 2024 London-based law firm Mishcon de Reya revenue surpasses £300m, despite a slight dip in profits due to recent merger.
Miraval mystery: The Jersey trust at heart of Brad Pitt wine war July 29, 2024 Brad Pitt has demanded to know who he is in business with after half of his hip wine brand Chateau Miraval, sold by his former partner Angelina Jolie to exiled Russian billionaire Yuri Shefler, ended up in a secretive Jersey trust.
Sadiq Khan reveals stance on selling loss-making London Stadium to West Ham United July 29, 2024 The former Olympic Stadium has become a financial millstone for the London Legacy Development Corporation.