KKR splashes £1.4bn to take yet another London-listed firm private December 7, 2023 Private equity giant KKR is set to take another UK-listed firm private. Smart Metering Systems (SMS), which offers smart energy metering and technology, this morning told markets it was recommending an all-cash, £1.4bn bid from the American firm. It is the latest in a long string of UK-headquartered and London-listed firms to be taken private [...]
Square Mile and Me: Harry Hyman on building Primary Health Properties – and his love for the opera December 7, 2023 Harry Hyman, CEO of Primary Health Properties, tells us about his career, opera and working with his family.
Sunak can sign a new deal with Rwanda but it won’t save the Tories at the election December 7, 2023 A week may be a long time in politics, but a year is a surprisingly short time to get things done, writes John Oxley
London footfall takes costly hit as rail strikes wreak havoc on Christmas trade December 6, 2023 Footfall across greater London declined by -8.3 per cent on Tuesday as rail strikes led shoppers to steer clear of the high street, spelling more misery for the capital’s retailers amid the vital Christmas period. According to the latest reading from MRI Software, Tuesday was the most impacted day so far, with footfall in central [...]
European Union to delay post-Brexit electric vehicle tariffs until 2027 December 6, 2023 The European Commission on Wednesday proposed a delay to post Brexit tariffs on electric vehicles (EV) traded between the UK and EU.
UK investors return to equities for the first time in six months December 6, 2023 A net £449m from UK retail investors has been added to equity funds just last month, according to data from funds network Calastone.
UK to replace Japan as third largest ad market globally December 6, 2023 The UK has shifted up the rankings of the largest global ad markets to third place, replacing Japan, and sitting just behind the US and China.
New BBC chair to be appointed amid licensing fee battle with government December 6, 2023 The BBC is reportedly set to appoint a British television and radio executive as chair as it faces an uphill battle with its licensing fee.
Debate: should we use age verification tech for pornography? December 6, 2023 This week, the media regulator caused quite a stir when they suggested anyone who watches porn could have to have their faces scanned to prove their age. Draft guidance from Ofcom has set out a number of ways to stop kids watching adult content, and one of them is to do age checks via AI [...]
Rail strikes continue TODAY: Here’s all you need to know December 6, 2023 Train drivers from the ASLEF union are set to continue this weeks' string of walkouts on Tuesday, halting services at a host of operators.