New clinical trial hub to open in Canary Wharf as demand for life sciences space heats up August 29, 2023 Canary Wharf is moving into what its CEO Shobi Khan calls its '3.0 phase' as it targets a growing diversity of uses.
North Sea windfall tax hits undermine UK’s energy security goals August 29, 2023 Two of the UK's largest North Sea oil and gas operators confirmed huge hits from the windfall tax last week, in a sign that firms are still being bludgeoned by the levy despite a significant fall in oil and gas prices.
Standard Chartered to sell jet leasing arm to Saudi wealth fund unit for $3.6bn August 28, 2023 Standard Chartered said on Monday it was selling its global aviation finance leasing business to Saudi Arabia-based Avilease for about $3.6bn, as part of a drive to streamline its operations.
UK private hospital operator goes into Abu Dhabi ownership after £1bn deal August 28, 2023 UK independent hospital operator Circle Health Group has been bought by an Abu Dhabi-based holding company in a deal worth $1.2bn (£953m).
Labour’s business events the hottest ticket in town at party’s annual conference August 27, 2023 Labour has attracted a surge of interest from business at its annual conference in October, as shadow chancellor Rachel Reeves ruled out any version of a wealth tax under a Labour government.
Next week in the City: Prudential, Bunzl and Grafton update investors August 26, 2023 Despite an August lull taking hold of the corporate calendar, Prudential, Bunzl and Grafton.
Reinventing the wheel (or the sail) can actually change an industry August 25, 2023 The Pyxis Ocean, power by WindWings, is a modern take on a sail but done in a way which could dramatically change our emissions.
Serious Fraud Office shuts Rio Tinto and ENRC corruption probes August 24, 2023 The UK's Serious Fraud Office (SFO) has closed its long-running corruption investigations into Rio Tinto and Eurasian Natural Resources Corporation (ENRC), the agency said today.
Vivek Ramaswamy: The Republican outsider Donald Trump might actually be afraid of August 24, 2023 Ahead of the 2024 US presidential election, news headlines have been dominated by one man: former president and four-time indictee, Donald J Trump. But following the first Republican primary debate last night, a surprising candidate emerged as a potential rival for the nomination. Not Florida governor Ron DeSantis, or former vice president Mike Pence. And [...]
Mark Kleinman: The Post Office disgrace, Historic Royal Palaces and DAZN’s next move August 24, 2023 Post Office chief fails again to Read the room Like salt poured in an open wound: that’s the only conceivable metaphor for the corporate governance disgrace delivered by the Post Office in recent weeks. Consider the facts: thousands of sub-postmasters were the victims of a grotesque cover-up, with many of them left penniless, homeless or [...]